New York’s latest budget included authorization for the MTA to use land value capture - a proper land value tax - to fund major new transit projects.
The question isn’t whether speculative pricing should be siphoned away, but whether it will happen through policy or crisis.
Mayor Zohran Mamdani and Gov. Kathy Hochul’s controversial proposal for a pied-à-terre tax in New York City could bring a wave of legal battles from wealthy New Yorkers to avoid new levies, according ...
New York City’s development landscape has evolved from a market driven mostly by location premiums to one where regulatory entitlement is now driving new residential development. The scarcity of well ...
Gov. Kathy Hochul’s proposed pied-à-terre tax on pricey second homes won’t just soak the jet-setting super rich — it also ...
Mayor Zohran Mamdani’s pied-à-terre tax targeting luxury second homes in New York City, which will take effect July 1, may have already had an impact on estimated tax rates for the city’s upcoming ...
Coming up on the New York Patch calendar: Summer in Astoria ...
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