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

Miller Samuel

January: The closing of the $238,000,000 Manhattan condo sale in January (2015 contract). March: Introduction of the Fiscal Policy Institute's 2014 "pied-a-terre" tax proposal for properties valued at or above $5,000,000 in New York City, was introduced in the Senate. November: Control of the New York State Senate flipped.

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Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]

The Robert Weiler Company

But for commercial real estate developers, brokerage firms, and appraisers, there’s another story hiding in plain sight. Legally speaking, a special purpose property definition can be illustrated as any property that has limited use or marketability in addition to features intended for singular use. What Is It Anyway?

Appraisal 158
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RESPA enforcement is back — are you ready?

Housing Wire

.” Kickbacks in a shrinking market A shrinking market, defined by high mortgage rates and low inventory levels , appears to have exacerbated the existing mortgage kickbacks problem, industry pros told HousingWire. For lenders and brokerages, the risks of LOs or agents overstepping are high.