Laws & Taxes

Laws & Taxes

$325 Million Ameriquest National Settlement Provides $22 Million for New York

Consumers must mail form no later than Sept. 10, 2007.  New York, NY (July 12, 2007) - Attorney General Andrew M. Cuomo and State Banking Superintendent...

Governor Spitzer Signs Bill To Reform NYC Tax Exemption For Housing Development

New Law Will Encourage Construction of Affordable Housing Governor Eliot Spitzer announced (Aug. 24) that he has signed bills that will encourage housing construction throughout...

New York City Property Tax Rebate Information

New York City ($400) Rebate If you received a rebate check in 2006, have not moved, and have paid your property taxes incurred before July...

How The Property Tax Works

In New York State, the real property tax is a tax based on the value of real property. Counties, cities, towns, villages, school districts,...

Businesses receiving Empire Zone tax breaks to be held accountable

Hundreds of companies get millions of dollars in tax breaks and in return promise to hire new employees or invest in their own businesses,...

New Yorkers pay highest closing costs

A nationwide survey of lenders by Bankrate.com found that while closing costs are lower than last year, residents of some states continue to pay...

So, Is Atlantic Yards a Rip-Off or Not?

It’s been an odd week in the history of Atlantic Yards project. Last Friday, the Mayor said that $300 million worth of tax breaks...

Tax incentives for Rochester Technology Park approved

The County of Monroe Industrial Development Agency has approved tax incentives for the soon-to-be new owner of Rochester Technology Park — the former Kodak...

Public, Private, Who Decides?

The city's attempt to increase its East Side park space has hit a boulder. A boulder in the shape of a swank Sutton Place...

Tax breaks for a $15 million renovation of the historic building

A 100 percent property tax abatement on increases to the assessment on the Remington Rand building in North Tonawanda received preliminary approval Thursday. Representatives from...

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Statement on Manhattan Community Board 11 Conditional Approval of 126th Street...

“We've taken a significant step towards building a permanent memorial for the historic Harlem African Burial Ground and providing affordable housing and good jobs for East Harlem residents. We're grateful for the support of Community Board 11 and neighborhood residents, and look forward to continuing our partnership with Speaker Mark-Viverito and the Harlem African Burial Ground Task Force to make this project a reality,"

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A.G. Schneiderman, DA Gonzalez Announce The Indictments Of Nine Defendants For...

New York State Attorney General Eric Schneiderman, together with Acting Brooklyn District Attorney Eric Gonzalez, today announced that nine individuals have been variously charged with money laundering, mortgage fraud, grand larceny, conspiracy, and other charges related to their participation in a scheme to defraud mortgage lenders that spanned two New York City boroughs and resulted in over $1 million in ill-gotten mortgage loans