Real estate tax reform: All talk, no action.
City Comptroller Brad Lander is collecting an email list. There is no plan of action. If you are a senior earning no more than $58,399, your property tax could be…
City Comptroller Brad Lander is collecting an email list. There is no plan of action. If you are a senior earning no more than $58,399, your property tax could be…
Local governments and school districts in New York State can opt to grant a reduction on the amount of property taxes paid by qualifying senior citizens. This is accomplished by…
Even the Democrat Governor could not be effective on the last day (June 8) of the State legislature. Housing as an example… Any hope of substantive housing policy coming out…
In the approved NYS $229 billion budget, all new buildings under 7 stories are not allowed gas stoves starting in 2026. 2029 for those over 7 stories. More banning rules…
As of May 3, 2023, 7 of 10 bills have been signed by the Governor. State Senate’s website. State Assembly’s website.
Fannie Mae and Freddie Mac owns about 62% of all homebuyer conforming loans. FHFA founded and introduced it in 2008, Loan-Level Price Adjustment (LLPA) Matrix is used to calculate a…
What is wrong with this policy? How about the victims? INTRODUCTION In 2019, the New York City Council took the long-overdue step of voting to close Rikers Island. By law,…
New York City Local Law 18 of 2022 effective March 6, 2023 allows landlords to prohibit AirBnB tenants with a simple email, contact and address; but host registration requires confidential…
Another law that sounds great! Where is it one year later? How about the NYCHA repairs? Even the politicians don’t care about the laws they authored. The $515K NYCHA Chairperson…
Click here to view this email in your browser. Welcome to our first DOF At a Glance, a periodic update from the New York City Department of Finance! Here you’ll find all…