property taxes


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New York pols take aim at Opportunity Zones

New York pols take aim at Opportunity Zones

A new bill in Albany would eliminate a state tax break that benefits real estate developers in New York City. The legislation would end New York’s share of the Opportunity Zone tax break for...

New York pols take aim at Opportunity Zones
The Interview: Bill Rudin on why the office market may be more resilient than you think

The Interview: Bill Rudin on why the office market may be more resilient than you think

Bill Rudin is betting on the office as a magnet for human connection. “We live in a real world...

The Interview: Bill Rudin on why the office market may be more resilient than you think
Cook County Board President Toni Preckwinkle said homeowners will be given a two-month reprieve on late-payment interest penalties. (Preckwinkle by KAMIL KRZACZYNSKI/AFP via Getty Images; iStock)

Cook County throws lifeline to homeowners struggling with mortgages

For Cook County homeowners, every little bit helps. As the state considers delaying property tax payments, county officials have...

Cook County throws lifeline to homeowners struggling with mortgages
Gov. J.B.  Pritzker and State Rep. Allen Skillicorn (Credit: Pritzker via Tyler LaRiviere - Pool/Getty Images; Rep. Allen Skillicorn; iStock)

Is property tax relief on the way?

The tax man cometh, but lawmakers may ease the burden on homeowners. Lawmakers on both sides of the aisle are considering proposals to defer tax payments to assist homeowners upended by the coronavirus, and...

Is property tax relief on the way?
(Credit: iStock, Change.org)

Petition urges NYC landlords to go on “tax strike” to counter rent strike

In response to rent strikes, some landlords are threatening a strike of their own. An online petition headlined “Property...

Petition urges NYC landlords to go on “tax strike” to counter rent strike
Cook County Board of Review Commissioner Michael Cabonargi and Cook County Assessor Fritz Kaegi (Credit: Facebook, Cook County)

Cook County Board of Review slashes Kaegi’s commercial property assessments in 7 northern townships

The Cook County Board of Review is saving commercial property owners from higher assessments under Fritz Kaegi, but to the detriment of homeowners. The...

Cook County Board of Review slashes Kaegi’s commercial property assessments in 7 northern townships
Wolf Point East at 313 W. Wolf Point Plaza and Nema Chicago at 1210 South Indiana Avenue (Credit: Hines, Nema Chicago)

Over 10K new apartments could flood Downtown Chicago by 2022. But there’s a catch

The downtown market in Chicago is going to continue to see growth through 2022, according to a new data...

Over 10K new apartments could flood Downtown Chicago by 2022. But there’s a catch
Trump International Hotel & Tower and Donald Trump (Credit: Trump and Getty Images)

Trump Tower tax appeal is under investigation

President Donald Trump’s appeal of property taxes he paid in 2012 for Trump International Hotel & Tower is now...

Trump Tower tax appeal is under investigation
Cook County Assessor Fritz Kaegi (Credit: Twitter and iStock)

Cook County assesses priciest properties in suburbs at below recent sale prices: report

When Fritz Kaegi took over as Cook County assessor, commercial landlords were among the most concerned that assessed values...

Cook County assesses priciest properties in suburbs at below recent sale prices: report
Property tax increases and other factors are encouraging hometown developers to seek projects in markets outside of Chicago (Credit: iStock)

Development drain? More local firms seek projects outside Chicago

Some prominent Chicago developers are setting their sights and sites on other markets in 2020, concerned over rising property...

Development drain? More local firms seek projects outside Chicago
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