ICAP offers 25 years of tax relief for industrial and commercial buildings that are built or renovated, but geographic restrictions and spending requirements determine which projects qualify.
General Atlantic will anchor Related's under-construction 625 Madison Avenue tower, the latest sign that new Class AA office space in Manhattan is nearly gone.
Seven Manhattan office towers worth billions are on the market or have just sold, the largest test yet of whether landlords can turn a leasing rebound into higher sale prices.
New York now runs two separate legalization paths for basement apartments, one for new units and one for existing ones, and they don't cover the same buildings.
Two similar homes on the same street can pay very different tax. The reason is structural, and it is not an error.
One is cheaper to buy and harder to buy into. The trade is about control, not just price.
The most-searched question in New York property tax, answered without the acronym soup.
The most invasive financial disclosure most people will ever complete, and the reasoning behind each part.
The deposit and the price are the visible numbers. The rest arrives as a list on the day.
A regulatory system covering a large share of the city's apartments, frequently misunderstood by tenants inside it.
Three approaches, one of which does most of the work in New York.
A low base rent that transfers costs and risks most tenants have not priced.
The obstacles are physical and regulatory, and the physical ones are decided by the shape of the building.
Whether a project needs a discretionary approval determines its timeline more than its size does.
Affordable is defined against a regional income measure, which is why the label so often confuses.
Not the building. The approvals, the utilities and the neighbours.