Download or read book Reform of the Real Property Tax in New York State written by Kenneth J. Schweigard and published by . This book was released on 1980 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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 Some Proposed Reforms in the Administration of Real Property Assessments in New York State written by University of the State of New York. Bureau of Educational Finance Research and published by . This book was released on 1973 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Real Property Tax Enforcement in New York State written by New York (State). State Board of Equalization and Assessment and published by . This book was released on 1989 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Real Estate Owners and the Personal Property Tax written by New York Tax Reform Association and published by . This book was released on 1910 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Reforming the Real Property Tax System in New York written by Economic Development Council of New York City and published by . This book was released on 1979 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Annual Report to the People from the New York State Assembly Standing Committee on Real Property Taxation written by New York (State). Legislature. Assembly. Standing Committee on Real Property Taxation and published by . This book was released on 2005 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book New York State Estate and Gift Taxes written by New York (State). Department of Taxation and Finance and published by . This book was released on 1989 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book In the Matter of Reforming New York State Real Property Tax Exemption Laws hearing written by New York (State). Legislature. Senate. Standing Committee on Housing, Construction, and Community Development and published by . This book was released on 2003 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book In the Matter of a Public Hearing on Reforming NYS Real Property Tax Exemption Laws written by New York (State). Legislature. Senate. Standing Committee on Housing, Construction, and Community Development and published by . This book was released on 2003 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Tax Law of New York written by Arthur C. Pleydell and published by . This book was released on 1911 with total page 16 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 Bulletin Tax legislation state of New York 1911 written by New York Tax Reform Association and published by . This book was released on with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book History of the New York Property Tax written by John Christopher Schwab and published by . This book was released on 1890 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Analysis of the Administration and Equity of the Real Property Tax and Proposals for Reform in Niagara County New York written by Donald Paul Carson and published by . This book was released on 1970 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Two rate Real Property Tax System written by and published by . This book was released on 1986 with total page 52 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.