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New study says city exaggerated benefits of 2015 Stuy Town deal

New study says city exaggerated benefits of 2015 Stuy Town deal

A new study claims the $5.3 billion deal for Stuyvesant Town in 2015 isn’t all it’s cracked up to...

New study says city exaggerated benefits of 2015 Stuy Town deal
City wasted $2.5B in tax expenditures through 421a: IBO

City wasted $2.5B in tax expenditures through 421a: IBO

In the past 11 years, the city “wasted” at least $2.5 billion through the 421a tax abatement program, a...

City wasted $2.5B in tax expenditures through 421a: IBO
The wealthiest New Yorkers are making more than ever: report

The wealthiest New Yorkers are making more than ever: report

Life at the top of the totem pole in New York City keeps getting more lucrative. The number of...

The wealthiest New Yorkers are making more than ever: report
In 421a prevailing wage dispute, the real numbers are murky

In 421a prevailing wage dispute, the real numbers are murky

UPDATED, Feb. 12, 12:30 p.m.: The 421a tax abatement program remains in limbo, and its future hinges on one...

In 421a prevailing wage dispute, the real numbers are murky
Here are the nabes where rent regulation is most needed

Here are the nabes where rent regulation is most needed

In neighborhoods like Greenwich Village or the Upper East Side, rent regulation is the only thing keeping low-income families...

Here are the nabes where rent regulation is most needed
Revised 421a to save developers $3.3B over 10 years

Revised 421a to save developers $3.3B over 10 years

Developers will save $3.3 billion in taxes over 10 years — including an estimated $2 billion on high-end sales...

Revised 421a to save developers $3.3B over 10 years
421a extension could cost city 1,300 affordable units

421a extension could cost city 1,300 affordable units

An extension of the 421a tax abatement program — rather than the adoption of reforms proposed by Mayor Bill...

421a extension could cost city 1,300 affordable units
Mansion tax could keep home prices under $1.75M

Mansion tax could keep home prices under $1.75M

Mayor Bill de Blasio’s proposed mansion tax could influence home sellers to keep their prices under $1.75 million for...

Mansion tax could keep home prices under $1.75M
Report questions de Blasio’s $1.6B neighborhood fund

Report questions de Blasio’s $1.6B neighborhood fund

A new report by the Independent Budget Office says that Mayor Bill de Blasio’s plan to create a $1.6...

Report questions de Blasio’s $1.6B neighborhood fund
Nearly one-quarter of NYC apartments are non-primary homes

Nearly one-quarter of NYC apartments are non-primary homes

Roughly 24 percent of all New York City apartments are either investment properties rented to tenants or pieds-à-terre, according...

Nearly one-quarter of NYC apartments are non-primary homes
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