NYC

Policy & Power

NYC’s Transit System to Raise $2 Billion Through Real Estate Bonds Backed by ‘Mansion Tax’

Photo by Asael Peña via Unsplash

The MTA plans to raise $2 billion via real estate bonds, backed by the mansion tax, to pay for much-needed infrastructure upgrades.

2 min read

Photo by Joshua Armstrong via Unsplash

Real Estate

New York’s Real Estate Market May Be Starting to Turn

Manhattan is now home to over 8,000 for-sale apartments, or around 1,000 more than the 10-year average. That’s a 9.8-month supply.

2 min read

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