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Ultra-Rich Getting Big Breaks on Property Taxes

New York City

at about 20 percent of their market value, according to the Independent Budget Office. “It is a crazy

Property Tax Reform Commission Has Swung Into Action

New York City

in the current fiscal year, or 45 percent of total revenue, according to estimates by the city Independent Budget

Good News for Co-ops and Condos With Commercial Space

New York City

," says David Belkin, who watches the numbers closely for the Independent Budget Office. Nationally

Here’s Your Chance to Speak Out on Property Tax Reform

Tribeca, Manhattan

of cutting property taxes’ share of the city budget, any reform is sure to produce winners and losers among

Is Property Tax Reform Finally Coming?

Park Slope, Brooklyn

Budget Commission President Carol Kellermann and Real Estate Board of New York President John Banks

Bill Seeks to End Tax Abatements for Wealthiest Co-ops and Condos

New York City

to lose 17.5 percent of their budgets. It’s going to drive up the cost of maintenance like crazy

No Cold Shoulder for Hell’s Kitchen Homeless Shelter

Hell's Kitchen, Manhattan

’ Row. The city is covering Care for the Homeless’ $6.5 million operating budget at the location. “We

The Tax-the-Rich Horse Race Goes Down to the Wire

New York City

subways, a dark-horse transfer tax appears to be gaining on the front-running pied-a-terre tax as state-budget

Developers Flex Muscles, Pied-a-Terre Tax Dies

New York City

state budget passed over the weekend contains, instead, a “mansion tax” coupled with a real estate

State Republicans Push for “Welfare for Developers”

New York City

for it.” In a report released last week, the city’s Independent Budget Office found that the governor

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Board Talk

Engage, enrage, ask questions and give answers with your community of board members. Submit your questions and comments here!

Super starting his own business outside of the co-op

Bob B JR Dec 20, 2024

radiator air valves

Pre-war cooperative NYC Dec 19, 2024

Coop serious problem - staff work without permits, etc

DM Dec 15, 2024

Habitat Week by Week

Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.

Ask the Experts

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

Source Guide

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