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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

Andrew Cuomo's office suggested last week that such a levy might reap $9 billion for the moribund Metropolitan Transportation Authority over the next decade and Assembly Speaker Carl Heastie reiterated his chamber's support proposal at a Crain's breakfast forum days later. Mayor Bill de Blasio gave it his blessing as well. Seriously.

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

An insurance company offered a good example of just how bad it has gotten. Its data show home prices have far outpaced incomes since 2012. If you’re familiar with the roof at the newly named Climate Pledge Arena, you know of its pyramid shape and overhang-edged design. The current owners are seeking $9.5M ($2349/sq.