Deals & Dealmakers
Study puts builders’ tax under the spotlight
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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
Deals & Dealmakers
Trump tax plan vague on carried interest ‘loophole’
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President Donald Trump, who railed against the carried interest provision in the tax code as he depicted hedge funds as “pencil pushers” who are “getting
Deals & Dealmakers
Cuomo, De Blasio unite on worries over expiration of 421-a
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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
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
Deals & Dealmakers
Rental builders feel financing squeeze over 421-a expiration
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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
Debt & Equity
Report: Trump tax plan disproportionately benefits New Yorkers making over $500,000
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Describing the Trump administration’s tax reform plan as “written by millionaires, for millionaires,” New York City Comptroller Scott Stringer released
Deals & Dealmakers
Deadlock in Albany puts 421-a, rent regulations in limbo
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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
Deals & Dealmakers
Brooklyn market expected to dip as 421-a tax program expires
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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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New Opportunity Zone rules: what was and wasn’t addressed
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By Sean M. Aylward and Bozena M. Diaz, Chiesa Shahinian & Giantomasi PC Since being unveiled as part of the Tax Cuts and Jobs Act of 2017, the Qualified
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Experts worry trade war could dampen momentum
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A group of economists and real estate executives debated the U.S. and Global Outlook: Tax Cuts, Trade Wars and Rising Interest Rates during a symposium
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Experts worry trade war could dampen momentum
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Aug 23, 2018 • 0 • 0
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Report: Trump tax plan disproportionately benefits New Yorkers making over $500,000
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Christian Brazil Bautista 0 Likes 0 Comments Print Describing the Trump administration’s tax reform plan as “written by millionaires, for millionaires,”