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New York State Budget

Hochul pitches extension to millionaire’s tax, new housing funds
New York
Jan 21, 2025

Hochul pitches extension to millionaire’s tax, new housing funds

Governor says states can’t backstop federal cuts
The state budget is expected to include tax increases through 2027 on the personal income of New York’s highest earners and on corporate income. (Getty, iStock)
New York
Apr 6, 2021

“Ouch”: Real estate sounds off on state’s $4.3B tax hike

Industry fears rate increases will drive away businesses, billionaires
Gov. Andrew Cuomo, Andrea Stewart-Cousins and Carl Heastie (Getty; iStock/Illustration by Kevin Rebong for The Real Deal)
New York
Jan 26, 2021

Five key real estate proposals in Cuomo’s budget

Evictions, emissions, infrastructure among governor’s priorities

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