Rent

Speculators Are Buying Up Vacant Properties With Mixed Results For Cities

February 15, 2014

Bill Black: As private equity and investment firms purchase vacant properties, it’s leading to the restoration of homes and a decline in vacancy, but also causing a decline in tax revenue in some cities

Low-Income New Yorkers Pay Higher Rent – Billionaires Receive Massive Tax Break for Luxury Condos

July 10, 2013

Two decisions by the NY State Legislature and Rent Guidelines Board will deepen gentrification in NYC