What owners and would-be buyers should know about the increased SALT deduction cap

… doesnt appear significant enough to encourage potential buyers to get off the fence and into the real estate market … The extra $30000 write off could possibly help a coop buyer Getting a third back$9000 or $10000is lovely he said … said OBBBA did not impose any new restrictions on PTET … What unlimited SALT would look like … NYC Comptroller Brad …

By Jennifer White Karp |July 21, 2025 - 4:30PM
Rent board approves increases of 3 to 4.5 percent for rent-stabilized units

… occurring on or after Oct 1st 2025 through Sept 30th 2026 The board had  considered ranges of 175 to 475 percent … tenants could not see their rent frozen before October 2026 Thats because a new mayor wouldnt be able to appoint … to the nineperson board until they take office in January 2026 An RGB vote on rent adjustments would occur over the …

By Celia Young |July 1, 2025 - 9:30AM