President Trump has inserted himself into the controversy surrounding New York City’s pied-à-terre tax, declaring that he will review if the federal government can stop the tax from going into effect. The tax is designed to target the owners of luxury second homes –...
Nationwide protests are being planned for Saturday to demonstrate against the proliferation of artificial intelligence (AI) data centers. The Hill reports the organization Humans First is calling on protesters to “protect our hometowns, our wallets, and our way of...
New York is set to become the first state to enact a ban the construction of large data centers. Gov. Kathy Hochul is scheduled to sign an executive order prohibiting the creation of data centers with the capacity of at least 50 megawatts for up to a year. This...
A broke city gets a new tax, a pesky deed thief is back in custody, and Tampa Bay gets another $1 billion request for a stadium. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 25-29. Miss: Ignoring the Root of the...
The New York State legislature has approved Gov. Kathy Hochul’s proposal to enact a new tax on second homes in New York City valued at $5 million or more. The Wall Street Journal reports the so-called “pied-à-terre tax” is part of the state’s budget legislation and...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
