Investors, developers at the ready as Opportunity Zone guidance nears
Investors and developers are poised on their starting blocks, ready to sprint into the country’s many designated Qualified Opportunity Zones just as soon as they...
Tag : tax reform
City sets up commission to reform New York property tax system
The city announced the formation of a new advisory commission, co-chaired by Vicki Been and Marc Shaw, to develop recommendations to reform New York City’s...
Contractors, architects, engineers get lift from tax reform
While tax reform will have a significant impact on all businesses, architecture, engineering and construction (A/E/C) companies in particular are in a unique position to...
Cold front keeps its grip on sales market
During the first quarter of 2018, our New York real estate market has both soared and stalled. While there has been a clear uptick in...
As Tax Cuts and Jobs Act chips away at deductions, investors look for options
By Jason Kleinman, Partner, Herrick, Feinstein LLP Three ingredients are needed to make a tax shelter: debt, depreciation and a safe investment. Real estate deals...
Tax plan could keep sector on upward trajectory, say experts
A strong economy and low unemployment fueled Manhattan office leasing last year, which had its best year since 2014, as average asking rents hit their...
New tax law toxic to affordable housing
New York’s real estate industry was one of the big winners in the recent federal tax overhaul, but housing advocates worry it will have a...
Multifamily fortunes set to be made with passage of tax reform bill
With the passage of the Tax Cuts and Jobs Act of 2017 in December, some real estate experts are predicting that the major cut to...
Report: Tax bill raises anxiety about home ownership
A new nationwide consumer survey from realtor.com® shows that the Tax Cuts and Jobs Act passed by Congress on Dec. 20 is raising anxiety about...
Cuomo pushes infrastructure, an end to homeless in 2018 state of the state
In his eighth state of the state address, Gov. Andrew Cuomo extolled the importance of infrastructural investment to keeping New York economically competitive and the...