‘Landmark’ tax relief on the way for co-op and condo owners
News Melissa Chan 7/05/2012 at 9:29AM

Co-op and condo owners left in the lurch after state lawmakers originally closed the year’s session without passing key pieces of legislation will not be forsaken for long, officials pledged. The Assembly, Senate and Governor Andrew Cuomo have reached an agreement on “landmark” tax relief legislation that will be signed into law later this year [...]

Co-op, condo owners left in the lurch
News Melissa Chan 6/28/2012 at 5:02PM

City co-op and condo owners were dealt a major blow by the State Legislature after lawmakers wrapped up the year’s session without passing three key bills, including one that would put a halt to skyrocketing property tax valuations. “Three strikes and you’re out. This was a disastrous session if you’re a co-op or condo owner,” [...]

Mayor Michael Bloomberg reveals revised city budget
News Billy Rennison 5/03/2012 at 3:07PM

Mayor Michael Bloomberg today revealed a revised balanced budget that will retain nearly 2,000 teacher positions that he proposed eliminating in his preliminary plan. The $68.7 million budget includes no tax increases. “Our budget won’t impose any new taxes on New Yorkers, maintains the strength of the NYPD and continues our strong support for public [...]

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