September 24, 2021

City landlords’ tax delinquencies approach Great Recession levels

Nothing is certain but death and taxes, and property taxes are no exception.

Experts predict minimal impact on city revenue even as rising number of landlords fall behind

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January 28, 2021

What New Policies Are Increasing Costs for Struggling NYC Landlords During COVID?

The real estate community's alarm over a recent proposal to install sprinklers in every apartment highlighted landlords

Rising liability insurance costs, and delays in city approvals that are making it increasingly challenging to break even financially.

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January 19, 2021

NYC property values fall but taxes go up

Calling on the city to freeze this year’s property tax assessments after the COVID pandemic wiped five percent off the value of its real estate.

The real estate industry generated more than half (53 percent) of the City’s total annual tax revenue in the last […]

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November 03, 2020

Commercial property tax delinquencies jump 50%

Property taxes account for more than 40% of NYC’s tax revenue

Property taxes account for more than 40 percent of the city’s tax revenues, with real estate taxes accounting for more […]

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September 05, 2020

Last-minute reprieve stops city’s tax lien sale

Friday for at least three weeks — and both state and city officials are taking credit for giving homeowners and landlords a break.

Cuomo, de Blasio both announce that they postponed sale…

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