Monthly Archives: April 2017

Another Tax Hit

Mayor De Blasio’s 2017-18 Executive Budget Proposal, released Wednesday, anticipates a 5.9% overall increase in property taxes. As always, Class 2 residential would pay a disproportionate share. A coalition of homeowner and industry groups, including CHIP, announced a lawsuit, Tuesday, … Continue reading

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Not Every Rent Frozen

The Rent Guideline season continued to heat up this week with the release of Mayor De Blasio’s tax returns, showing he raised the rent on one of his apartments an average of 2.6% per year since 2009. No freeze there. … Continue reading

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Taxes, Fuel Drive Price Index Up

The┬áPrice Index of Operating Costs┬áreleased by the Rent Guidelines Board yesterday showed an overall 6.2% increase. The index reflected a 7.8% increase in property taxes, the largest area of expense, and a 24.6% increase in fuel costs. Accordingly, the PIOC … Continue reading

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How Much?

The New York City Council, Wednesday, passed legislation prohibiting employers from asking job applicants what they were paid at their last job, or relying on that information to make salary offers. If signed by the Mayor, as expected, employers will … Continue reading

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