News

JPMorgan 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 […]

The 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 […]

New 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 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., […]