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Tax Hikes on NYC’s Rent-Stabilized Housing Exceed Inflation: Report

Despite decreased operating incomes, taxes on rent-stabilized properties are rising faster than inflation, according to a new report by the New York University Furman Center for Real Estate and Urban

Summary

Despite decreased operating incomes, taxes on rent-stabilized properties are rising faster than inflation, according to a new report by the New York University Furman Center for Real Estate and Urban Policy.

The center’s State of New York City’s Housing and Neighborhoods report, released Tuesday, highlighted the blight of tax inequities on New York City’s most […]

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