The Real Property Transfer Tax (RPTT) is imposed on the consideration for the following conveyances
or transfers where the consideration exceeds $25,000:
Pursuant to LL 190/2018, which requires all buildings owned or leased by the City to comply with Sections 403.2.1 and 403.4 of the NYC Plumbing Code, which requires all single-occupant toilet rooms be made available for use by persons of any sex, and requires appropriate signage.
Market value grew in FY 2019, for the eighth straight year. The total City-wide market value of fully and partially taxable property exceeded $1.2 trillion dollars and was about 8.8 percent higher than in FY 2018.
his Citywide Statement of Needs FY 2019/2020 contains agency proposals to establish, replace, consolidate, expand, or close City facilities during the next two fiscal years.