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, 202002722

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, 202002505

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, 202002094

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, 202003072

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, 202003137

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, 202004826

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, 201801663

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, 201711276

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,...

Avison Young arranges 99-year ground lease for…

Rosewood Realty Group Brokers $36.5 Million Sale…

AI and cloud adoption propel data center…

Miller Construction Begins Work on an 80,000-Square-Foot…

Local Development Corp. Votes Final Approval of…

NAI James E. Hanson Tapped to Sell…

Curtis + Ginsberg Architects To Relocate HQ…

Camber Property Group Closes on $23 million…

J. Calnan & Associates Completes Biocytogen Pharmaceuticals’…

NAI James E. Hanson’s Expertise Helps Landlord…

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

Avison Young arranges 99-year ground lease for an estimated $21.5 million

Rosewood Realty Group Brokers $36.5 Million Sale of 15-Story Hells Kitchen Mixed-Use Building

AI and cloud adoption propel data center demand to record levels for 2023

Miller Construction Begins Work on an 80,000-Square-Foot Build-to-Suit Industrial Warehouse in Orlando

Local Development Corp. Votes Final Approval of $195 Million Bond Financing for Construction of New 162,626 SF Patient Care Tower...

Avison Young arranges 99-year ground lease for an estimated $21.5 million

Rosewood Realty Group Brokers $36.5 Million Sale of 15-Story Hells Kitchen Mixed-Use Building

AI and cloud adoption propel data center demand to record levels for 2023

Miller Construction Begins Work on an 80,000-Square-Foot Build-to-Suit Industrial Warehouse in Orlando

Local Development Corp. Votes Final Approval of $195 Million Bond Financing for Construction of New 162,626 SF Patient Care Tower...

NAI James E. Hanson Tapped to Sell 133,032-Square-Foot Retail Power Center in Riverdale, N.J.

Curtis + Ginsberg Architects To Relocate HQ To Rudin’s One Battery Park Plaza

Camber Property Group Closes on $23 million Oakland Heights Apartments

J. Calnan & Associates Completes Biocytogen Pharmaceuticals’ New State-of-the-Art Facility

NAI James E. Hanson’s Expertise Helps Landlord Secure Tenant in Rochelle Park, N.J.