Pied-à-terre tax revenue estimate slashed by 41%
A tax on luxury second homes in New York City would yield far less revenue than expected, an agency...
Property taxes
The Latest
Tax revenue from NYC property sales plunges $1.4B
Despite an uptick in investment and residential sales over the last month, the drop-off in tax revenue from such...
Tri-State
Jersey City voters approve property tax to support arts
Voters in Jersey City have endorsed a new property tax designed to fund the arts, offering a boost to...
State’s highest court dismisses property tax reform appeal
The state’s highest court this week dismissed an appeal that sought to reform New York’s property tax system. The...
De Blasio: Raising property taxes “off the table”
Good news for real estate owners: Mayor Bill de Blasio said he won’t consider raising property taxes to close...
Miami
Trump faces $1.5M in Palm Beach County property taxes
Preliminary estimates by the Palm Beach County Property Appraiser’s Office show that companies linked to President Trump could pay...
Lawmakers urge kicking property tax can down the road
State legislators are calling for another postponement of New York City’s annual sale of delinquent property tax bills. As...
Property tax revenue rises, but delinquencies and glitches abound
Despite warnings of doom, city property tax revenue is up — but collection this year has been messy, an...
Housing venture pieces together affordability plan for de Blasio
Two firms are offering New York City a solution to a slew of affordable housing issues. To make it...
New York pols take aim at Opportunity Zones
A new bill in Albany would eliminate a state tax break that benefits real estate developers in New York City. The legislation would end New York’s share of the Opportunity Zone tax break for...