Day: March 17, 2024

NYC pols urge Albany to OK tax break for ‘green’ mandate that could cost co-op, condo owners $20K

by
NYC pols urge Albany to OK tax break for ‘green’ mandate that could cost co-op, condo owners K

New York City Council members feeling the heat from thousands of angry co-op and condo owners are urging state pols to OK tax breaks over a new “green” mandate that could cost more than $20,000 per unit. The City Council had actually approved the mandate, the Climate Mobilization Emissions Law, in 2019 requiring residential buildings to initially … Read more

NYC realtors pull out new trick as congestion pricing is set to take its toll

by
NYC realtors pull out new trick as congestion pricing is set to take its toll

Realtors in the Big Apple’s cut-throat housing market are citing the controversy over congestion pricing in their pitch to sell and rent apartments in Manhattan outside zones where the toll will be imposed. Glenn Barnett of Nest Seekers sends out listings with the heading “Avoid Congestion Pricing.” “I do get a better response. People are … Read more