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Jeff Blau to Class B office owners: “Take what you can and run”Jeff Blau to Class B office owners: “Take what you can and run”Wells Fargo to take a $60M loss on 13-story office tower in SFWells Fargo to take a $60M loss on 13-story office tower in SF“Hell for the past three years”: Strategic Properties’ $190M deconversion deal is dead “Hell for the past three years”: Strategic Properties’ $190M deconversion deal is dead First look inside Transamerica Pyramid’s tenant-only spacesFirst look inside Transamerica Pyramid’s tenant-only spaces
New York

Renters pay for prop. tax cuts

Rental building owners will see about a 5 percent decrease in property taxes as part of Mayor Bloomberg’s proposed property tax cuts, but market-rate renters are unlikely to benefit from the plan. Rental landlords now pay disproportionately more in property taxes than private homeowners, a disparity that contributes to the city’s ever-climbing rents. more [NYO]

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TRENDING

Jeff Blau to Class B office owners: “Take what you can and run”Jeff Blau to Class B office owners: “Take what you can and run”Wells Fargo to take a $60M loss on 13-story office tower in SFWells Fargo to take a $60M loss on 13-story office tower in SF“Hell for the past three years”: Strategic Properties’ $190M deconversion deal is dead “Hell for the past three years”: Strategic Properties’ $190M deconversion deal is dead First look inside Transamerica Pyramid’s tenant-only spacesFirst look inside Transamerica Pyramid’s tenant-only spaces
New York

Renters pay for prop. tax cuts

Rental building owners will see about a 5 percent decrease in property taxes as part of Mayor Bloomberg’s proposed property tax cuts, but market-rate renters are unlikely to benefit from the plan. Rental landlords now pay disproportionately more in property taxes than private homeowners, a disparity that contributes to the city’s ever-climbing rents. more [NYO]

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.