The Trump administration's proposal to eliminate the federal deduction for state and local property taxes "must be considered a non-starter for every one of New York State’s elected representatives in Congress," says the New York Building Congress.
The company has sold a 28% stake in its Manhattan office and multifamily portfolio and entered into a contract to sell 112 self storage assets for more than $1.3 billion.
But is the space ready for Blackstone and other institutional investors?
Sponsored by 370 Lex
Discover why a freshly updated 370 Lex, accompanied by a smart new direction and returning Broad Street Development owners, makes the property an enticing option for a new breed of office tenants.
Sponsored by redIQ
Opportunity Zone investing is a promising opportunity with substantial tax credits. Learn how it can strategically fit into your portfolio to boost your bottom line.
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