Posted by Leonard Steinberg on November 18th, 2013 Life in real estate land involves many liars and lies. It is especially bad when these lies are summarized and printed as truth by a major newspaper. THE NEW YORK POST just reported how the millionaires will pay NO real estate taxes for 10 years in super-luxury… [Read More]
DE BLASIO LUXURY CONDOMINIUM TAX REVENUE WINDFALL
Posted by Leonard Steinberg on November 13th, 2013 Mayor-elect Bill de Blasio may be thanking the creators and buyers of luxury condominiums soon: Over the next 24 months, the City and State of New York stands to collect close to a half a billion dollars in taxes from the construction and delivery of roughly… [Read More]
RUSH LIMBAUGH SELLS NEW YORK APARTMENT
A year after railing about the high tax burden on wealthy New Yorkers, Rush Limbaugh, the super-rich conservative radio talk-show host has sold his Liberace-meets-Ivana-Trump-meets-Donatella Versace Fifth Avenue penthouse to an undisclosed buyer. Mr. Limbaugh’s 10-room condominium, which features a 30-foot-wide living room with fireplace and four terraces overlooking Central Park at East 86th Street,… [Read More]