Download or read book Study of the Properties Within the City of New York Enjoying Tax Exemption written by New York (N.Y.). Taxes and Assessments, Department of and published by . This book was released on 1934 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Study of Real Estate Tax Exemption in the City of New York written by Walter J. Klink and published by . This book was released on 1962 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book NYC Property Tax Exemption Program written by Jenny Chiani Wu and published by . This book was released on 2012 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: New York City's tax expenditures relate to real property tax totaled $4.5 billion in fiscal year 2012. The largest expenditure relates to the "421-a" tax exemption program for new multi-family residential real estate development, which costs the New Yorkers nearly $1 billion in foregone tax revenue (Office of Tax Policy, FY 2012). The 421-a program was originally established in the 1970s to spur new multi-family developments. Initially, developers received full tax exemption on the assessed value of the new construction, which then decreased by a phase-out schedule where their property taxes were payable in full at the end of benefit period. As the private development market recovered, the city calibrated the program to (i) exclude certain neighborhoods from receiving benefits for strictly market-rate development and (ii) to spur affordable housing development by offering benefits of the program if a certain percentage of the total units constructed were affordable. Despite the success of the strategy in delivering 142,044 residential units in 2012 (Office of Tax Policy, FY 2012), the program has been subjected to increasing scrutiny as New York City's need for real estate tax revenue has increased. It is unclear how many of these units would have been built without the exemption. Many opponents have argued for the termination of the program because it has not produced benefits commensurate with the huge tax expenditures New York City has made, and that the beneficiaries had been landowners who captured the value of the abatements through higher land prices. As the program approaches its potential renewal in June 15, 2015, it is worthwhile to conduct a detailed analysis of the efficacy and cost of the current program. The thesis offers a thorough yet intelligible case study of a co-op building in Chelsea of how the property taxes would be calculated and the program's impact on the financial feasibility of the development. Different scenarios are created that follows each of the program reforms to understand the actual value of the property tax exemptions to developers and the ways in which such value is distributed. In the current environment where many New Yorkers find themselves facing a daunting housing market with decreased production and increased demand for affordable units, the program should strengthen its benefits to steer more developers towards creating affordable housing. Alternative financial models based on the case study suggest that the return of an improved negotiable certificate program can make the 421-a program a more effective affordable housing incentive without additional cost to the city.
Download or read book Real Estate Tax Exemption in New York City written by Citizens Budget Commission (New York, N.Y.) and published by . This book was released on 1967 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Policies and Urban Renewal in New York City written by Citizens' Housing and Planing Council of New York. Committee on Tax Policies and published by . This book was released on 1960 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How Tax Exemption Broke the Housing Deadlock in New York City written by Citizens Housing and Planning Council (New York, N.Y.). Committee on Tax Policies and published by . This book was released on 1960 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Final Report of the Committee on Taxation of the City of New York written by New York (N.Y.). Committee on Taxation and published by . This book was released on 1916 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How Tax Exemption Broke the Housing Deadlock in New York City written by Citizens Housing and Planning Council (New York, N.Y.). Committee on Tax Policies and published by . This book was released on 1960 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Some Probable Effects of the Exemption of Improvements from Taxation in the City of New York written by Robert Murray Haig and published by . This book was released on 1915 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Property Tax Exemptions for Industrial and Commercial Properties in New York City written by New York Legislative Institute. Economic Research Service and published by . This book was released on 1976 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Real Property Tax Policy for New York City written by New York University. Graduate School of Public Administration and published by . This book was released on 1980* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Taxation of Personal Property in New York State from 1880 to 1913 written by New York (N.Y.). Tax Dept and published by . This book was released on 1913 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Real Property Tax Policy for New York City written by and published by . This book was released on 1980 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Local Option Property Tax Exemptions in New York State written by Sylvia Adams and published by . This book was released on 1992 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Landmarks Preservation and the Property Tax written by David Listokin and published by Routledge. This book was released on 2017-07-12 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Historic preservation is an issue of growing importance and public commitment. Federal and state mechanisms have been established to identify and support historic buildings/sites, while local governments have been active in supporting and protecting historic resources. Communities across the country have established designation programs whereby individual buildings or districts of historical-architectural significance are accorded landmark status. Designation activity has been accompanied by growing interest in other local incentives/disincentives to the support of historic buildings. In this regard, the property tax is viewed as either a possible powerful drawback to or a catalyst of preservation. This study examines the relationship between historic preservation and the property tax, focusing on the question of how designated buildings should be assessed for real taxation purposes. Listokin focuses on New York City in considering the effects of historic status on property value and in evaluating assessment practices. But this book's findings are transferrable to other communities because the base conditions are similar. Many other cities have designation programs modeled on New York City's. In addition, New York's property-tax system and administrative processes resemble those found in communities across the nation. To enhance the transferability of this study's findings, Listokin refers to the national experience and literature, typically on a side-by-side basis with the New York City counterpart.
Download or read book A Study of the Effects of Real Estate Property Tax Incentive Programs Upon Property Rehabilitation and New Construction written by Price, Waterhouse & Co and published by . This book was released on 1973 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Notes Municipal Reference and Research Center written by Municipal Reference and Research Center (New York, N.Y.) and published by . This book was released on 1935 with total page 766 pages. Available in PDF, EPUB and Kindle. Book excerpt:
