Real estate helps spur city surplus

June 08, 2005 12:00AM

The real estate market is credited with helping New York end the 2005 fiscal year with a record $3.3-billion surplus, according to a report released Tuesday by the state comptroller. The city is expected to have a nearly 82 percent increase in real estate tax revenues for the fiscal year, which ends June 30.more [Newsday]


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