Mayor Bill de Blasio is again calling for the implementation of a “mansion tax:” a surcharge on the sale of high-end residences in the city. The Mayor made this one of the featured proposals in his state of the city speech as well as in recent testimony to the state Legislature.
The 2019 Price Index of Operating Costs (PIOC) study measures the price change in a market basket of goods and services used in the operation and maintenance of rent stabilized apartment buildings in NYC.