Is the NYC Cash Buyer Tax Still Happening in 2026? | Daily Tesla News
Albany is reconsidering the proposed 1% cash home buyer tax just days after confirming it would be in the final state budget. Bloomberg and The…
Category: Daily Tesla News
Daily NYC real estate news episodes covering Staten Island and Brooklyn markets, policy, and homeowner tips.
A 1970s office tower in the Financial District just delivered 588 brand new apartments to NYC | Daily Tesla News
Pearl House at 160 Water Street was originally a 24-story office tower built in 1972. Developer Vanbarton Group converted it into 588 market-rate rental apartments…
Albany Is About to Hit Every NYC Cash Home Buyer Over $1 Million With a Brand New Tax | Daily Tesla News
New York State lawmakers and Governor Hochul are adding a 1% tax on all-cash residential purchases over $1 million in NYC. Here is what the…
The 9.5% NYC Property Tax Hike Just Got Scrapped. Every NYC Homeowner Just Got a Win | Daily Tesla News
NYC Mayor Mamdani scrapped the 9.5% property tax hike from his $124.7 billion FY2027 budget. Here is how the budget closes a $12 billion deficit…
NYC’s New Tax on the Rich Cannot Even Hit a Penthouse That Sold for $87 Million | Daily Tesla News
Mamdani's pied-a-terre tax is supposed to hit the billionaires. Turns out it cannot even hit a penthouse that sold for $87 million. Welcome to NYC…
How Does NYC ELURP Fast-Track Affordable Housing Approvals in 2026? | Daily Tesla News
NYC launched ELURP to approve affordable housing in 90 days instead of 7 months. The first two projects include 84 affordable homes in the Bronx…
NYC’s Pied-a-Terre Tax Hits Condo Owners 5x Harder Than Single Family Homes | Daily Tesla News
Governor Hochul's proposed pied-a-terre tax charges condo and co-op owners 4-6.5% while single-family homes pay just 0.8-1.05%. The broken NYC assessment system means the actual…
A 4 Bedroom Under 700k in 10312 and We Just Broke Into Queens | Daily Tesla News
A 4 bedroom 3 bathroom home in 10312 asking $699,000 plus Bridge and Boro officially expands into Queens with a Howard Beach lot at $325,000.…
NYC Landlords Are About to Sue Mamdani Over the Rent Freeze and They Might Win | Daily Tesla News
NYC landlords are about to sue the city over the Mamdani rent freeze, and they might actually win. The New York Apartment Association argues the…
NY Passed a Law to Protect Tenants. It Is Now Driving Their Rents to Record Highs | Daily Tesla News
Good Cause Eviction was signed into law in 2024 to protect NYC tenants from unfair rent hikes and evictions. But new data shows it may…