News
Crain’s New York Business
- JPMorgan disputes tax bills at four Manhattan propertiesJPMorgan says its tax bill is too high at four Manhattan properties and is fighting the city in court for a reduction.The global banking giant joins a long line of New Yorkers complaining about the city’s property-tax system, which is riddled with carveouts and exemptions that force everyone else to shoulder more of the load. “It’s […]
- Casino finalists face a blind bidding war over tax ratesThe four surviving bidders for a New York City-area casino face a crucial decision this week: deciding how much they're willing to pay in taxes without knowing what their rivals are offering, a blind bidding war that could push rates far above current projections.Tuesday’s 4 p.m. deadline to submit that tax information to the state […]
- Congestion pricing brings in $365M for MTA through AugustNew York City's congestion pricing program is on track to hit its $500 million revenue target by year-end while dramatically reducing Manhattan traffic — bolstering the MTA's defense of the toll as the Trump administration battles to shut it down. The toll has raised $365 million in net revenue for the Metropolitan Transportation Authority through August, […]
- The Met sells pair of UES townhouses for more than askingThe Metropolitan Museum of Art has sold two Upper East Side townhouses on the market for the first time in nearly 50 years reportedly for more than asking.Following a bidding war, a private buyer is in contract to scoop up the pair of 5-story Gilded Age-era residences, located at 6 and 8 E. 82nd St., […]
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