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The Real Deal is the leading source for real estate news and information. Covering the deals, developments and policies that matter.
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News
NY Dirt: Pied-à-terre tax questions prompt updates, rebuttals
1+ mon, 3+ week ago (641+ words) Mamdani’s signature second home tax gets DOF tweaks, moves ahead The controversial pied-à-terre tax just got a batch of new updates from the Department of Finance. The Mamdani administration’s first effort to tax the rich raised plenty of questions and…...
Policy Pro: City rejects buyer protections for pied-à-terre tax, Council seeks rental benefit boost
1+ mon, 3+ week ago (275+ words) Hi, let’s get into today’s news at the intersection of policy and real estate: In this edition we mention: City Council member Farah Louis, Department of Finance, the Department of Buildings and others. Have a tip or feedback? Reach me…...
NYC's New Pied-à-Terre Tax Explained
2+ mon, 2+ week ago (17+ words) The Real Deal NYC's New Pied-à-Terre Tax Explained...
PolicyPro: SEQRA reform goes live, pied-à-terre tax set for July start
2+ mon, 3+ week ago (308+ words) State budget process is finally wrapping up Hey there, let’s get into today’s news at the intersection of policy and real estate: In this edition we mention: President and CEO of the New York Building Congress Carlo Scissura, State Sen....
TRD PolicyPro: Eviction bill draws NYAA warning, Hochul revises pied-à-terre tax
2+ mon, 3+ week ago (244+ words) Jay Martin called proposal “a really dangerous road to go down” Hi there, let’s get into today’s news at the intersection of policy and real estate: In this edition we mention: Assembly member Linda Rosenthal, New York Apartment Association Executive…...
TRD PolicyPro: Scaffolding installers balk at new rules, summer grid warning
2+ mon, 3+ week ago (227+ words) Sidewalk shed operators sounded alarm at a Monday hearing Hi there, let’s get into today’s news at the intersection of policy and real estate: In this edition we mention: Spring Scaffolding President Will Laffey, City Council Speaker Julie Menin, New…...
TRD PolicyPro: Pied-à-terre tax fluctuations, state bill targets condo lawsuit risk
2+ mon, 3+ week ago (264+ words) Proposed tax could generate revenue short of state’s $500M goal Hi there, let’s get into today’s news at the intersection of policy and real estate: In this edition we mention: City Comptroller Mark Levine, REBNY President James Whelan, Assembly member Dana…...
The Daily Dirt: Hochul’s budget delays keep NYC real estate in flux
3+ mon, 3+ week ago (617+ words) Industry braces for potential new taxes on cash sales, second homes Gov. Kathy Hochul’s chaotic rollout of the state budget is keeping real estate on its toes. Nearly two months after the deadline, New York lawmakers still haven’t approved a…...
Kathy Hochul announces $268B budget with pied-à-terre tax
4+ mon, 6+ day ago (387+ words) Framework still needs finalization, approval as real estate waits for details More than a month behind schedule, New York Gov. Kathy Hochul finally announced the framework for a budget deal on Thursday, one that directly affects the real estate industry....