The Report’s findings show that although New Yorkers’ delinquency and default rates are slightly lower than the national average, certain NYC neighborhoods are experiencing significantly higher rates of delinquency and default despite the fact that their residents have low average loan balances.
Mayor de Blasio addressed the verdict the NY Court of Appeals made on the Water Board, stating that he was pleased that with their ruling hundreds of thousands of NYY families previously excluded from relief programs would be given aid.
Mayor de Blasio appeared in front of the senate finance committee to discuss the finances of the City and also testify to the negative effects the new tax law President Trump erected would have on New Yorkers.
This memorandum provides a procedure for withdrawing the commonly owned group election made on a tax year 2015 or 2016 Form NYC-2A, Combined Business Corporation Tax Return.
Mayor de Blasio announced the appointment of Marianne Spraggins to the New York City Campaign Finance Board, an independent and non-partisan agency that administer campaign finance systems.
On or before May 1 of each year, The Department of Finance is required to submit an annual report to the New York City Council no later than May 1 detailing the activities of OTA during the preceding year
This Memorandum addresses the recognition of income that a taxpayer has deferred pursuant to section 409A of the Internal Revenue Code of 1986, as amended (the “IRC”), and explains how the taxpayer should report the income for UBT purposes.
Local Law 7 of 2018 requires HPD to evaluate certain sales of select rent-regulated multiple dwellings for potential inclusion on the Speculation Watch List.
A report which highlights current economic conditions pertinent to New York City. The report focuses on the state of the U.S. Economy, financial markets, inflation, New York City labor markets and commercial and residential real estate. (September 2018)
The City of New York’s Comprehensive Annual Financial Report (CAFR) for Fiscal Year 2018. This
report, shows that The City of New York (City) completed its Fiscal Year with a General
Fund surplus, as determined by Generally Accepted Accounting Principles (GAAP), for the 38th consecutive year.
Local Law 249 passed by the City Council on November 16, 2017, which took effect July 1, 2018, requires the New York City Department of Finance (DOF) to send notification of recording of real estate instruments.
The report identifies and examines seven factors that are associated with student loan default among New Yorkers, while also highlighting trends across New York City neighborhoods.
Mayor Bill de Blasio signed into law Local Law 11/2015, which requires the NYC Department of
Finance (DOF) to report annually to the City Council on outstanding Environmental Control
Board (ECB)-adjudicated judgement by November 1 each fiscal year
This report provides data on Commercial Rent Tax (CRT) liability at the taxpayer and premises level.
The data sources for this report are taxpayers’ CRT tax year 2018 (June 1, 2017 – May 31, 2018)
returns and CRT collections data from Department of Finance records.