NAR: GOP Tax Reform Bill Clears House with Key Real Estate Provisions
The SALT deduction cap is quadrupled from $10,000 to $40,000 for households earning under $500,000. However, the bill does not eliminate the marriage penalty.
Across several counties, April brought a surge of new interest, particularly in the Bronx, Rockland, and Putnam counties
Related Companies and Wynn Resorts announced on Tuesday they had dropped their bid to build a casino on the Western Rail Yards at Hudson Yards.
Chief among the reform measures included in the budget was disincentivizing institutional investors from buying up one- and two-family homes.
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The SALT deduction cap is quadrupled from $10,000 to $40,000 for households earning under $500,000. However, the bill does not eliminate the marriage penalty.
In April, existing-home sales in the Northeast fell 2.0% from March to an annual rate of 480,000, identical to April 2024.
The Tiki Beach event will feature live music by local band Heard Immunity.
AMS Acquisitions of New York City envisions transforming the currently vacant office complex at 800 E. Main St. into a park-like setting featuring 180 rental apartments.
Signed into law by Gov. Kathy Hochul on May 3, 2023, as part of the 2023-2024 New York State budget bill, Section 1377 of the Public Health Law will take effect on Nov. 3, 2025.
The decline in single-family housing starts in April mirrors builder sentiment, as elevated interest rates, uncertainty on the tariff front and rising construction costs are exacerbating housing affordability challenges.
Piazza began her real estate career in 2004 and shortly after, joined Rand Realty where she quickly rose to become one the company’s top producing agents.
Palumbo is a graduate of HGAR’s Leadership Accelerator Program, a current HGAR and NYSAR Director, and has served as chair of HGAR’s Young Professionals Network.
The SALT deduction cap is quadrupled from $10,000 to $40,000 for households earning under $500,000. However, the bill does not eliminate the marriage penalty.
Signed into law by Gov. Kathy Hochul on May 3, 2023, as part of the 2023-2024 New York State budget bill, Section 1377 of the Public Health Law will take effect on Nov. 3, 2025.
This draft language preserves or strengthens a raft of provisions vital to housing affordability.
The survey found 61% of voters support increasing deduction limits or removing limits altogether.
In April, existing-home sales in the Northeast fell 2.0% from March to an annual rate of 480,000, identical to April 2024.
The decline in single-family housing starts in April mirrors builder sentiment, as elevated interest rates, uncertainty on the tariff front and rising construction costs are exacerbating housing affordability challenges.
Despite being home to millions and some of the strongest local economies, Los Angeles, CA; Oxnard, CA; San Diego, CA; New York, NY and Spokane, WA are among the furthest from housing-supply balance.
In the first quarter, the Northeast performed best in both sales and price gains by percentage.
The SALT deduction cap is quadrupled from $10,000 to $40,000 for households earning under $500,000. However, the bill does not eliminate the marriage penalty.
In April, existing-home sales in the Northeast fell 2.0% from March to an annual rate of 480,000, identical to April 2024.
The Tiki Beach event will feature live music by local band Heard Immunity.
AMS Acquisitions of New York City envisions transforming the currently vacant office complex at 800 E. Main St. into a park-like setting featuring 180 rental apartments.
Now is the moment for Clarkstown to lead. The town can and must take an active role in facilitating the rebirth of this site.
This event will bring together major stakeholders to strategize how to realize Rockland’s housing potential while maintaining the character of existing neighborhoods.
An additional lane will ease congestion to tourist destinations and support local businesses that rely on efficient transportation for deliveries.
New York State, and specifically the Hudson Valley, has a unique sensitivity to immigration and tariff policies that stray too far from the status quo.
Palumbo is a graduate of HGAR’s Leadership Accelerator Program, a current HGAR and NYSAR Director, and has served as chair of HGAR’s Young Professionals Network.
Nguyen is a local Realtor with more than 20 years of experience.
They first met in 2009 at the landmark Russian Samovar Restaurant in Manhattan, and six months later they were married.
In his new role, Irace will focus on cultivating strategic partnerships, recruiting new investment to the region, and promoting development opportunities.
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