The Real Deal New York

De Blasio could eye changes to real estate taxes

Limited options for boosting revenue may put industry taxes in play
By C.J. Hughes | January 17, 2014 10:30AM

From the January issue: Mayor Bill de Blasio’s campaign pledge to pay for universal pre-school by hiking income taxes on the wealthiest New Yorkers is likely to come up against election-year politics, with Gov. Andrew Cuomo and the entire state legislature on the 2014 ballot. But unlike income taxes controlled by Albany, de Blasio has a bigger say on other levies — particularly those imposed on real estate. [more]