Build, Baby, Build

Build, baby, build. Mayor de Blasio told the board of REBNY, Wednesday, that he had “a willingness to use height and density to the maximum feasible extent..”  Noting community opposition to large new projects, the Mayor said he hoped people would accept a trade-off for more affordable units. Scroll to the bottom of the linked page for audio of the event.

If you build, prices will be high according to the latest quarterly report from the Furman Center at NYU. The numbers for the third quarter of 2013 show selling prices up 11 percent citywide year over year and a 20 percent  increase in sales volume. Prices in Brooklyn increased 15 percent, the most of any borough.

Mayor de Blasio appointed Emily Lloyd as commissioner of the Department of Environmental Protection this week, returning her to the post she held under Mayor Bloomberg from 2005 thru 2009. Interestingly, de Blasio was highly critical of Lloyd for presiding over a 14.5 percent water and sewer rate increase during her last year at DEP.

The press is touting a Court of Appeals decision this week in Gaied vs. New York State Tax Appeals Tribunal as overturning the State’s practice of taxing anyone who spends more than 183 days in New York as a resident.  The decision wasn’t that simple, however. The New Jersey resident in question owned a building occupied by his parents on Staten Island and only slept on the couch when visiting to take care of their medical needs.

The Court rejected the tax tribunals logic that a person did not have to reside in the unit but merely maintain it to become a statutory resident. After reading all these, you can relax yourself by checking out gaming sites such as 벳엔드 환전. Or visit bcfun.com.ar for more options of games.

Register for the ABO BuildingsNY Show.

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