3+ mon, 4+ week ago   (752+ words) The first step will involve taxing condo and co-op second homes that have a “market value” of at least...using a statistical model based on comparable rental units — should roughly translate to a $5 million sales...The second step, to be…...

3+ mon, 3+ week ago   (687+ words) Let’s assume it’s purchased for that amount and becomes a second home....After the temporary version of the tax gives way to the new, sales-based method floated by Gov....continue to own but avoid the tax, such as by…...

3+ mon, 3+ week ago   (617+ words) Industry braces for potential new taxes on cash sales, second homes Gov....Earlier this week, a controversial proposal to tax cash sales of homes in New York City priced at $1...released details about another contentious proposal, dubbed the pied-à-terre tax,…...

3+ mon, 2+ week ago   (868+ words) surcharge’s impact & more in notes from a resi reporter New York City is facing a new tax on luxury second homes...

3+ mon, 2+ week ago   (328+ words) The campus used to be home to the School of Los Angeles, which Bolour purchased the real estate from...Bolour Associates has made multiple sales in the last year or so: a Mission Viejo office building for...

3+ mon, 3+ week ago   (316+ words) For at least the past dozen years, the average market share of Manhattan cash sales was ±52.1 percent...My assumption is that the increase in cash sales took revenue from the mortgage recording tax....

2+ mon, 3+ week ago   (225+ words) “New York City cannot solve its housing crisis without protecting the homes that already provide stability...said Rachel Levine, executive director of Nazareth Housing, a community-based nonprofit that serves families...

2+ mon, 2+ week ago   (391+ words) Last week, a community member called on the site to be home to affordable housing instead of a data center...For a long time, it housed Kenwood Academy and a convent complete with a Gothic abbey....

4+ mon, 6+ day ago   (387+ words) announced a few weeks ago, the budget included the so-called pied-à-terre tax, an extra levy on second homes...Voting on the series of budget deals could take place as soon as next week....

3+ mon, 20+ hour ago   (739+ words) Plus, One Dag, summer camp controversy and more Summit Properties says it delivered on a promise that helped win over a skeptical bankruptcy court. The tenants involved say that promise is still unfulfilled. The dispute offers an early glimpse into…...