tax revenue Archives | Real Estate Weekly

New York takes $1.4B tax hit as real estate sales dry up

REWNovember 12, 2020November 12, 2020

by REWNovember 12, 2020November 12, 202002333

The Real Estate Board of New York (REBNY), the City’s leading real estate trade association, today reported that year-over-year investment and residential sales volume declined 34 percent and...

Deals & Dealmakers Featured

Real estate sales drought costs city $755M in lost taxes

REWOctober 15, 2020October 15, 2020

by REWOctober 15, 2020October 15, 202002233

The Real Estate Board of New York (REBNY) today reported that total September investment and residential sales volume declined 47 percent and tax revenue generated declined 36 percent...

Featured Finance

COVID costing city $100M in lost real estate tax

REWAugust 19, 2020August 19, 2020

by REWAugust 19, 2020August 19, 202001836

The city’s tax purse took a $100 million hit last month as property sales were cut in half by the coronavirus pandemic. With real estate...

Deals & Dealmakers Featured

Broker confidence hits all-time low

REWJuly 16, 2020July 16, 2020

by REWJuly 16, 2020July 16, 202002758

The Real Estate Board of New York (REBNY) today released two market reports illustrating the challenges the City faces as economic recovery begins. REBNY’s Monthly Investment...

Debt & Equity Featured

COVID swallows up $160M in NYC tax revenue

REWJune 9, 2020June 9, 2020

by REWJune 9, 2020June 9, 202002808

The Real Estate Board of New York (REBNY), the City’s leading real estate trade association, reported that tax revenue generated from investment and residential sales...

Featured

COVID-19 cuts NYC real estate tax revenue in half

REWMay 20, 2020May 20, 2020

by REWMay 20, 2020May 20, 202004420

The Real Estate Board of New York (REBNY) reported that tax revenue generated from investment and residential sales in New York City and New York...

Debt & Equity

Stringer says city should bank tax glut

REWAugust 1, 2018

by REWAugust 1, 201801339

A one-time infusion of income tax revenues in FY 2018 helped the City balance the $89.16 billion Adopted Budget for Fiscal Year 2019, according to...

Deals & Dealmakers Featured

Real estate taxes paying city salary bill

REWJanuary 10, 2017

by REWJanuary 10, 201711078

New York City collected $20.4 billion in taxes from the real estate industry in 2016, enough to pay the salaries of all teachers, police officers,...

G.S. Wilcox & Co. Arranges $90,000,000 in…

Tishman Speyer’s The Spiral Earns CoStar’s Commercial…

Key International Adds Award-Winning Key West Property,…

The St. Regis Chicago Announces Executive Team…

Rockabill Development and Goddard Riverside Close on…

Institute for Entrepreneurial Leadership Partners with TruFund…

Max on Morris, Morristown’s Newest Luxury Community,…

EDITION Residences Fort Lauderdale Unveils Interiors

Grosvenor Diversified Property Investments commits €40 million…

Tishman Speyer Once Again Earns Sustained Excellence…

Tag : tax revenue

New York takes $1.4B tax hit as real estate sales dry up

Real estate sales drought costs city $755M in lost taxes

COVID costing city $100M in lost real estate tax

Broker confidence hits all-time low

COVID swallows up $160M in NYC tax revenue

COVID-19 cuts NYC real estate tax revenue in half

Stringer says city should bank tax glut

Real estate taxes paying city salary bill

G.S. Wilcox & Co. Arranges $90,000,000 in Financing for Sol at Vermella Union

Tishman Speyer’s The Spiral Earns CoStar’s Commercial Development of Year Honors

Key International Adds Award-Winning Key West Property, The Perry Hotel, to Hospitality Portfolio

The St. Regis Chicago Announces Executive Team Ahead of May 2023 Opening

Rockabill Development and Goddard Riverside Close on $38 Million to Transform Illegal Upper West Side Hotel into Permanent Supportive Housing

G.S. Wilcox & Co. Arranges $90,000,000 in Financing for Sol at Vermella Union

Tishman Speyer’s The Spiral Earns CoStar’s Commercial Development of Year Honors

Key International Adds Award-Winning Key West Property, The Perry Hotel, to Hospitality Portfolio

The St. Regis Chicago Announces Executive Team Ahead of May 2023 Opening

Rockabill Development and Goddard Riverside Close on $38 Million to Transform Illegal Upper West Side Hotel into Permanent Supportive Housing

Institute for Entrepreneurial Leadership Partners with TruFund Financial Services to Help BIPOC-Owned Businesses Acquire Commercial Property

Max on Morris, Morristown’s Newest Luxury Community, Opens its Doors

EDITION Residences Fort Lauderdale Unveils Interiors

Grosvenor Diversified Property Investments commits €40 million (£35.5 million) as it makes first investment after publishing expansion plans

Tishman Speyer Once Again Earns Sustained Excellence Award from ENERGY STAR, the Organization’s Highest Honor