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The Board of Assessment Review shall hear and determine complaints in relation to assessments of real property and shall have all the powers and duties imposed by law on Boards of Review by Article 5 of the State Real Property Tax Law and by any other law. The Board of Assessment Review shall consist of not fewer than three (3) nor more than five (5) members. The members of the Board of Assessment Review shall be appointed by the Mayor and shall have a knowledge of property values in the City. Neither the Commissioner of Assessment nor any member of his family or his staff, nor any members of the families of any of his staff, may be appointed to the Board of Assessment Review. A majority of such Board shall consist of members who are not officers or employees of the City. The terms of office of members of the Board of Assessment Review shall be five (5) years.