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Tax Revenue

Mayor Eric Adams (Getty)
New York
Mar 31, 2025

City’s real estate-related tax revenue reaches $37B record

Accounted for nearly half of municipal tax revenue last year
Assessed office values in Philly plummet by $1B
Philadelphia
Oct 3, 2024

Assessed office values in Philly plummet by $1B

Vacancies, disappointing transactions spell trouble for tax revenue
San Francisco Mayor London Breed (Illustration by Kevin Cifuentes for The Real Deal with Getty Images)
San Francisco
Dec 19, 2022

SF faces $728M budget deficit over next two fiscal years

Shortfall includes real estate transfer taxes $314M less than originally forecast

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