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369 Lexington Ave., Suite 215
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Monthly Archives: June 2016
Commercial Harassment Even More Illegal
The City Council, Tuesday, voted to create a new private right of action against property owners for harassment of commercial tenants, citing lockouts, threats of force, and failure to provide “essential services” — defined as any services required to be … Continue reading
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Taxes Up Again
The real property tax levy will go up 4.8% in fiscal 2017 under the City budget approved this week. Mayor de Blasio announced yesterday that the former owner of a six-unit Bronx building had been arrested and jailed for failing … Continue reading
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Landmark Speed?
The Landmarks Preservation Commission will only have one year to make up its mind on whether to designate newly proposed landmark buildings or historic districts under a bill approved by the City Council, Wednesday, and awaiting the Mayor’s signature. The … Continue reading
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“Normal” Taxes
Three Manhattan apartment buildings paying property taxes of $29,914 to $38,889 per apartment per year are…average. The tax bills work out to just over 30% of rents, which is normal for New York City and about six times other major … Continue reading
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