What the pied-à-terre tax means for brokers advising NYC buyers
A real estate attorney says the pied-à-terre tax has structural complications for co-ops and condos that brokers need to understand
Similar Posts
FINRA Fines Webull Financial $115,000 Over Options Order Mismarking | LeapRate
Webull Financial LLC has agreed to a $115,000 fine and censure from the Financial Industry Regulatory Authority (FINRA) after regulators found the firm mismarked hundreds of thousands of options contracts and failed to properly supervise its order-marking processes. According to a Letter of Acceptance, Waiver, and Consent (AWC) published by FINRA, Webull routed options orders…
IBM Stock Plunges on Worse Than Expected Q2 Results
IBM shares tanked in premarket trading on Tuesday after the tech giant reported worse-than-expected results and said customers were cutting back spending on its AI infrastructure and software products. The company’s stock was set to open down almost 23% as of around 7:45 a.m. ET, an hour and a half before the market open. Having…
Radiant World and Sapphire Minmetals Sue Glencore for $2 Billion
Editorial & Advertiser disclosure Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press…
Mortgage Rates Drop to Week’s Best Levels
Mortgage rates finally had a decent day on Thursday after spending the previous three days inching into the highest levels in more than a year. Part of the improvement was due to comments from Fed Governor Chris Waller who said that it wouldn’t be necessary to hike rates at the next meeting unless inflation data…
SL Green Reports Improved Leasing Metrics in Q2 2026 – Commercial Observer
SL Green is reaping the rewards of a resurgent New York City office market. “It might be the dead of summer, but our team is, of course, hard at work — this is truly when we shine the brightest, are completely dialed in on our business plan, and outwork the marketing,” said CEO Marc Holliday,…
New Florida Development Features 170-Acre Community Farm
Southeast Florida may be all about the beaches, but for one new development, it’s all about nature preservation and sustainable farming. Newfield, a new masterplanned community in Palm City, FL, 40 miles north of West Palm Beach, will consist of nine villages spanning 3,411 acres, with 2,000 acres reserved for a nature preserve, and another…
