Monthly Archives: June 2013

When does no tax increase cost $1.2 billion more?

  The Fiscal 2014 New York City budget passed early yesterday morning increases the anticipated property tax levy by more than $1.2 billion, or about 6.2 percent, despite nominal rate changes. Property owners won a victory at the Supreme Court … Continue reading

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Guidelines Up Before the Freeze?

  The Rent Guidelines Board approved one and two year renewal guidelines of 4 and 7.75 percent last night, for leases commencing October 1, 2013 thru September 30, 2014. The complete RGB Order number 45 should be available at the … Continue reading

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Section 7.5?

  SAVE THE DATE: ABO SUMMER CELEBRATION COCKTAILS AND MORE AT THE WATER CLUB JULY 18TH, 6-8 P.M. Both HPD and the New York City Housing Authority are planning to cut Section 8 tenant subsidies by tens to hundreds of … Continue reading

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Institutional Finance Redux

  There are still a few seats for ABO’s June 12th luncheon at noon at  the Princeton Club featuring Barry Rudofsky, Managing Member of Bronstein Properties, on the topic: Family Money to Institutional Money and Back The evolution of multifamily … Continue reading

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