taxes

Governor Kathy Hochul announces proposed a pied-à-terre tax
Buy
Hochul unveils new pied-à-terre tax on NYC luxury second homes
By Jennifer White Karp |April 16, 2026 - 3:00PM
Buildings tower along NYC waterfront
Investing
What owners and would-be buyers should know about the increased SALT deduction cap
By Jennifer White Karp |July 21, 2025 - 4:30PM
Houses and apartment buildings in Queens, NYC
Troubleshooting
Mayor Adams is bringing the tax lien sale back. Here’s how to get your property off the list
By Jennifer White Karp |May 16, 2025 - 9:30AM
View from the High Line Park to the Buildings of 10th Ave Manhattan
Buy
Mansion or not, you can't escape the so-called mansion tax
By Jennifer White Karp |April 14, 2025 - 10:00AM
Brick townhouses in NYC
Negotiating + Financing
What is a CEMA loan, and how can it reduce my mortgage recording tax?
By Evelyn Battaglia |March 25, 2025 - 9:30AM
nyc old and new buildings
Negotiating + Financing
What is a mortgage recording tax? Are there ways to reduce it?
By Brick Underground |February 18, 2025 - 12:30PM
NYC brownstones
Getting Ready
How to reduce your capital gains tax when selling your NYC co-op, condo, or brownstone

… versions of this article contained reporting and writing by Alanna Schubach and Emily Myers  … You Might Also Like … …

By Brick Underground |February 10, 2025 - 1:30PM
Traffic on 2nd Ave in Midtown Manhattan, NYC
Co-ops
Is my co-op maintenance tax deductible? How does this work?
By Brick Underground |February 7, 2025 - 12:30PM
NYC building facades
Negotiations + Closings
The buyer's and seller's guide to NYC closing costs

… Whether youre buying or selling real estate in New York City you face hefty taxes and fees at the closing tableincluding some that you may expect and others … who say they can do it for $1500 or dont specialize in NYC real estate closings  … Mansion tax … The mansion tax …

By Evelyn Battaglia |January 6, 2025 - 10:00AM
Drone shot of New York City at sunset, taken from over Greenpoint in Brooklyn.
Sales Market
What a second Trump presidency could mean for NYC buyers and sellers
By Celia Young |December 13, 2024 - 5:00PM