Real Estate

New York

Standing Out in the Realm of Property Tax Assessments

SCOTT JAMES New York Times 23.07.2011
Big Real Estate Could Not Knock Down the Downtown Brooklyn Skyscraper District

Downtown Brooklyn developers and cooperators, with a hefty helping hand from the real estate lobby, threw everything they could at the Borough Hall Skyscraper Historic District, a new landmarking effort aimed at saving the area’s historic highrises. In the end, the preservationists won out, as a City Council subcommittee voted unanimously yesterday to approve the historic district, all but ensuring its passage by the full council on February 1.

Standing Out in the Realm of Property Tax Assessments

In real estate, professionals muse, the three most important factors are location, location, location. The same appears to be true now in California when it comes to the ease of getting an accurate property tax assessment.

New York passes historic property tax cap

Fran Berkman Liherald 01.07.2011
New York passes historic property tax cap

This one was never in doubt. Legislation that will put a cap on property tax levies passed by a 57-to-5 margin in the State Senate before it made it through the Assembly and was signed into law by Gov. Andrew Cuomo last Friday.

Legendary federal judge presiding over Brooklyn neighbors land squabble

A legendary Brooklyn federal judge shlepped out to a quiet block in Midwood yesterday - to assess a measly 3-foot-wide strip of land that has become a giant legal headache.

New York reaches pact on rent regulations, property tax

(Reuters) - New York state legislative leaders on Tuesday reached tentative agreements on rent control and a property tax cap, while the fate of a bill that would legalize same-sex marriage remained up in the air.

Silver: Senate GOP Is Jeopardizing Property Tax Cap Agreement By Stalling On Rent Regs

State Assembly Speaker Sheldon Silver said Senate Republicans are “clearly jeopardizing” the agreement to enact a property tax cap by advancing legislation that only extends rent regulations.

New Yorkers Have Steepest Property Tax Bills

Mike Wheatley Realty Biz News 28.05.2011
New Yorkers Have Steepest Property Tax Bills

Of the top ten counties in the US that pay the highest property tax rates, all ten of them come from either New York or New Jersey. New Hampshire and Connecticut also have several counties listed high up in the rankings. Meanwhile, at the opposite end of the spectrum, the states of Alaska and Louisiana have the lowest property tax rates in the country, says the Washington-based Tax Foundation, a non-profit organization that conducts research into taxation.

Many buildings hit hard by real estate crash, but a green project thrives

The Bronx is ground zero for tenements and tenants hammered by the real estate crash and predatory investors, according to a new report.

Singapore dollar strength spurs overseas investment in London, New York

Wealthy Singaporeans are increasingly looking to invest in properties in western cities to diversify their portfolios and take advantage of the strong Singapore dollar, the Today newspaper has reported.

Rising Property Taxes Overwhelm Many Who Are Living on the Edge

Gov. Andrew M. Cuomo’s campaign to cap property taxes has angered school and municipal officials who say that limiting local tax revenue will make it impossible for them to cover rising expenses and will result in drastic cuts in services.

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