department of finance


The Latest

The total market value of all properties in New York City was at about $1.4 trillion (Credit: iStock)

Market value of NYC real estate went up at slowest rate in years

Market values of New York homes, apartment buildings and commercial space are rising at their slowest pace in six...

Market value of NYC real estate went up at slowest rate in years
Staten Island City Councilman Joe Borelli and City Council Speaker Corey Johnson (Credit: Getty Images)

Gentrification tax? Pols pitch fix for “completely screwed” system

City lawmakers are making another push to overhaul New York’s notoriously arcane property tax system. A proposal backed by...

Gentrification tax? Pols pitch fix for “completely screwed” system
This Greenwich Village townhouse just sold at auction for $15M

This Greenwich Village townhouse just sold at auction for $15M

A 39-foot-wide townhouse unit at 215 Sullivan Street sold at auction this month after facing foreclosure. Unit TH-A sold...

This Greenwich Village townhouse just sold at auction for $15M
Welcome to the $1.16 trillion skyline

Welcome to the $1.16 trillion skyline

  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 the total crossed $1 trillion for the first time....

Welcome to the $1.16 trillion skyline
NYC’s Finance Department to lease 175K sf at former Verizon Building

NYC’s Finance Department to lease 175K sf at former Verizon Building

The city’s Department of Finance is planning to lease 175,000 square feet of office space at Sabey Data Centers’...

NYC’s Finance Department to lease 175K sf at former Verizon Building
Landlords hit with hefty fines for failing to file tax form

Landlords hit with hefty fines for failing to file tax form

Fines for failing to file a report as part of last year’s tax payments have exceeded $300,000 for some building owners....

Landlords hit with hefty fines for failing to file tax form
From left: East New York, Park Slope

Pricey nabes pay less in property taxes: report

Homeowners in upscale neighborhoods such as Brooklyn Heights and the Upper East Side Side often pay less in property...

Pricey nabes pay less in property taxes: report
Billboards in Times Square and John Liu(inset)

NYC landlords fail to report $20M in billboard earnings

New York City landlords failed to report roughly $20 million in earnings from billboards attached to their buildings over...

NYC landlords fail to report $20M in billboard earnings
Placeholder image

Trusts once again eligible for co-op and condo tax abatement

The state’s popular co-op and condominium tax abatement — which in March was revoked for homeowners who own their...

Trusts once again eligible for co-op and condo tax abatement
Google HQ worth $199M more than last year: city

Google HQ worth $199M more than last year: city

In the city’s eyes, Google’s New York City headquarters at 111 Eighth Avenue saw the greatest jump in so-called...

Google HQ worth $199M more than last year: city

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...