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Protecting taxpayer dollars in construction projects
07
New Yorkers care deeply about whether their tax dollars are being used as efficiently as possible – and they should. So many of our state’s major initiatives
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City threatens to suspend 421-a benefits for 3,103 rental buildings
05
The city’s Department of Finance has sent letters notifying owners of 3,103 rental buildings, with 37,141 apartments, that their 421-a tax benefits
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Brooklyn market expected to dip as 421-a tax program expires
07
Commercial property sales in Brooklyn were incredibly robust in 2015, rising to around $9.5 billion in total dollar volume, according to one market study
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Rental builders feel financing squeeze over 421-a expiration
06
Two weeks after the expiration of the 421-a tax program, the effects of its demise are starting to be felt, and developers claim that it has put the squeeze
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Report: Trump tax plan disproportionately benefits New Yorkers making over $500,000
05
Describing the Trump administration’s tax reform plan as “written by millionaires, for millionaires,” New York City Comptroller Scott Stringer released
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Study puts builders’ tax under the spotlight
06
A new study on the 421a tax program suggests that affordable housing could suffer a substantial blow in at least certain sections of the city, should developers
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Cuomo, De Blasio unite on worries over expiration of 421-a
05
Governor Andrew Cuomo and Mayor Bill de Blasio haven’t agreed on a lot of things recently. They’ve sparred on issues involving income inequality
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Deadlock in Albany puts 421-a, rent regulations in limbo
05
With the New York State Legislature grappling with a debilitating impasse, crucial laws like the 421-a tax abatement program and rent regulation have expired
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Securities survey shows scrapping 1031 a danger to the economy
07
A fresh study has found that some six percent of all commercial real estate sales in the US use a 1031 tax exchange. And deferred gains from real estate
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Pols push for Green Roof tax abatement plan to get going
05
New York City Comptroller Scott M. Stringer joined with State Senator John Liu and Assemblymember Nily Rozic to send a letter to Mayor de Blasio calling
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Millionaires tell Cuomo to take their money
06
A group of New York millionaires are asking Governor Andrew Cuomo to take their money to help fill the state’s budget gap. On Monday, a coalition of 35
Debt & Equity
AG sets his sight on 421-a tax scofflaws
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The state is going after nearly 200 New York City landlords who violated state law by accepting lucrative tax breaks then failing to provide the required