Login / Register
Architecture and Design
Special issue archive
3-D New Development Map
The Real Deal New York
department of finance
This Greenwich Village townhouse just sold at auction for $15M
December 18, 2018 03:30PM
A 39-foot-wide townhouse unit at 215 Sullivan Street sold at auction this month after facing foreclosure. Unit TH-A sold for $14.6 million, according to...
Real estate’s red tape nightmare
March 02, 2017 07:30AM
From the March issue: It was the spring of 2015, and New York City developers were madly rushing to get their residential projects approved before...
Welcome to the $1.16 trillion skyline
January 17, 2017 12:20PM
The total tentative market value for all assessed properties in New York City hit $1.16 trillion this year, an 8.74 percent increase from 2016, when...
How NYC accidentally gave away $10M in tax breaks: VIDEO
February 03, 2016 05:55PM
A recent audit by city Comptroller Scott Stringer showed that over the course of four years, the city’s Finance Department improperly allocated more than $10 million in tax breaks...
NYC’s Finance Department to lease 175K sf at former Verizon Building
January 14, 2016 10:40AM
The city’s Department of Finance is planning to lease 175,000 square feet of office space at Sabey Data Centers’ repositioning of the former Verizon...
Landlords hit with hefty fines for failing to file tax form
June 19, 2014 08:00AM
Fines for failing to file a report as part of last year’s tax payments have exceeded $300,000 for some building owners. An investigation by the New...
City property taxes for residences set to jump in 2015
January 16, 2014 10:05AM
New York City’s property taxes are set for another increase, after the market value of the city’s 1,053,949 properties jumped 6.6 percent to $914.8...
Pricey nabes pay less in property taxes: report
September 30, 2013 08:23AM
Homeowners in upscale neighborhoods such as Brooklyn Heights and the Upper East Side Side often pay less in property taxes than their counterparts in...
New NY rules aim to curb mortgage-insurance abuses
September 20, 2013 07:58AM
The New York state Department of Financial Services yesterday proposed legislative changes to further protect homeowners from mortgage-insurance abuses. New rules would bar insurers...
NYC landlords fail to report $20M in billboard earnings
August 16, 2013 11:30AM
New York City landlords failed to report roughly $20 million in earnings from billboards attached to their buildings over a two-year period, the New...
Trusts once again eligible for co-op and condo tax abatement
July 30, 2013 08:30AM
The state’s popular co-op and condominium tax abatement — which in March was revoked for homeowners who own their apartments through LLCs or trusts...
Google HQ worth $199M more than last year: city
June 21, 2013 09:00AM
In the city’s eyes, Google’s New York City headquarters at 111 Eighth Avenue saw the greatest jump in so-called market value for the upcoming...
New ACRIS will include co-op unit searches, more data
May 17, 2013 03:00PM
ACRIS is getting a makeover. The New York City Department of Finance is updating the Automated City Register Information System, which tracks public real...
“Zombie” building tax break to cost NYC $650M
April 15, 2013 03:00PM
Even tax breaks have an afterlife. The owners of some 7,000 buildings are still receiving a tax abatement under a city program that expired...
City to provide property tax relief for Sandy victims: Bloomberg, Quinn
November 29, 2012 03:00PM
The city will extend property tax deadlines interest free — and may even provide a refund on property taxes already assessed — for structures badly damaged by Hurricane...
Apartment owners face rising tax bills
June 22, 2012 11:30AM
State lawmakers refused yesterday to extend some $445 million in property-tax abatements for 365,000 apartment owners, the New York Post reported. That means apartment...
Comptroller slams city’s property tax assessments
April 13, 2012 09:00AM
An audit on the city’s property assessments found more than 10 percent of Queens co-ops were overvalued by as much as 25 percent, according...
City to scale back co-op property tax assessment hikes after public outcry
May 03, 2011 09:59AM
City Finance Commissioner David Frankel agreed yesterday to cap property tax hikes on co-ops at 10 percent, caving to pressure from City Council members....
Rising property taxes irk NYC developers
February 22, 2011 12:25PM
Frustrated with increasing property taxes on rental apartment buildings, New York City developers and contractors are warning the Bloomberg administration that if it doesn’t...
City to market retail space in Brooklyn Municipal Building
December 06, 2010 10:12AM
The city is planning to relinquish around 37,000 square feet of ground- and second-floor space in the Brooklyn Municipal Building to retail or development...
Halstead’s Barak Dunayer jumps to Jacky Teplitzky’s team at Elliman
“Selling a dream”: A wave of land listings marks shift in LA luxury resi market
These are some of the most notable resi sales of the week
Lower East Side residents sue city to stop controversial Two Bridges development
New York’s multifamily market got off to a slow start this year
February 2019 issue
Digital Ad Products
Join over 200,000 real estate professionals who receive our daily newsletter
All rights reserved © 2019
The Real Deal
is a registered Trademark of Korangy Publishing Inc.
450 West 31st Street