Jay Batra warns that added costs from higher property taxes wouldn’t simply disappear, but would likely be reflected in rent increases or other tenant charges.
The growth of the tech industry has lead to a rapid rise in rent prices in NYC.
Jay Batra talks trust, patience and integrity – three words rarely associated with New York’s high-stakes.
In 2021, the missed windfall would have topped $15.3 billion, thanks to soaring Wall Street gains.
Ultra-rich people across the world are selling their second homes abroad and buying up luxury properties.
Ever since the pandemic, a wave of wealthy residents have relocated full-time to low-tax state Florida.
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