NY lawmakers push real estate tax on big investors
New York lawmakers want to close a legal loophole that allows deep-pocketed real estate investors to avoid paying taxes. Sen. Julia Salazar (D-Brooklyn) and Assemblyman
February 4, 2020
New York lawmakers want to close a legal loophole that allows deep-pocketed real estate investors to avoid paying taxes. Sen. Julia Salazar (D-Brooklyn) and Assemblyman
With the New York City Advisory Commission on Property Tax Reform continuing to recommend reforms to the city’s byzantine property tax system, homeowners are eagerly
There’s now one less alluring happy hour and cheap-burger option at the Walden Galleria. Bar Louie, a bar-restaurant chain open at the mall since 2008,
Erie County officials discovered a calculation error, so now they’re going to issue corrections to any impacted 2020 tax bills. According to a statement on
Bed Bath and Beyond has closed its store in the Union Consumer Square in Cheektowaga, part of a downsizing effort by the home goods retailer
With Brunswick embroiled in a lengthy dispute over the value of the Cook’s Corner Walmart, one Brunswick town councilor is trying to keep big box
New York City billionaire John A. Catsimatidis, whose United Refining Co. owns a deserted former gas station in Eggertsville, objects to the Town of Amherst’s
A two-year-old Buffalo charter school plans to relocate from its temporary rental space on Michigan Avenue to a boarded-up former public school building at the
The owner of Southgate Plaza in West Seneca will pay about $75,000 less in taxes under a settlement that ends a six-year-old challenge to the
New York City assessors are flashing a warning sign about a slowing real-estate market—even though city property-tax bills continue to rise. Market values of existing
MADISON, WI – Senator Mark Miller (D-Monona) offered the Democratic weekly radio address regarding the need to close the Dark Store loophole. “Imagine the lost
The more officials change the state’s property tax relief program the more confusing it becomes.
Five Star Bank is making a bigger push into the city of Buffalo, with two new branches coming soon. The bank, which is based in
A.C. Moore, the struggling arts and crafts retailer that is closing after succumbing to rising competition, will close its only remaining Western New York store
County Executive Mark C. Poloncarz has appointed the county’s deputy budget director to become the director of real property tax services. Scott Bylewski, a lawyer
City officials revised the assessments on more than 3,000 Syracuse properties this month — likely more than in any year since 1996 — in an
Let’s face it: Predicting anything is difficult — usually impossible. While mortgage trends are no exception to this reality, evidence-based predictions do serve a
Property tax levy growth for school districts will be capped at 1.81% for the 2020-21 fiscal year, down from a 2% cap in each of
ShoppingTown Mall has until Wednesday to follow a federal bankruptcy judge’s order and make it’s 2020 Onondaga County and Town of Dewitt tax payment. The
Gold Wynn Residential, the Toronto-based real estate company that owns the former Buffalo Athletic Club building on Niagara Square in downtown Buffalo, is buying the
Mortgage rates have plummeted to their lowest level in almost three months, according to the results of the Freddie Mac Primary Mortgage Market Survey. The
When Erie County Executive Mark Poloncarz announced his budget proposal for 2020, he devoted a third of his PowerPoint slides on how the county’s property
What’s in store for the U.S. housing market in 2020? With low interest rates, modest inflation and a solid labor market, there are many reasons
A significant property in N. Tonawanda is on the market. The 235 River Road portfolio is being listed by Hanna Commercial Real Estate for $889,000.
Sales of new U.S. homes increased in November, capping the best three months for demand since 2007 and reflecting sustained momentum in a residential real
A year-long price correction in home prices and decrease in mortgage rates in Westchester County made for an unusually active fourth quarter in the county.
Nassau County residents can now check the tentative assessments of their home for the 2021-22 tax year. The county updated the assessments of some homes,
The City of Watertown could put an end to the “dark store” assessments following a vote Tuesday. The Watertown Common Council will vote on a
What had been a Catholic Charities diversion center in Niagara Falls is being eyed for conversion by a Williamsville investor as the site for five
U-Haul plans to transform part of the former Kmart store in Queensbury into 641 climate-controlled storage units. The do-it-yourself moving and storage company also wants
