Paradigm Tax Group Industry News

Paradigm Tax Group Industry News

Stay informed with the most current Industry News that affects your business and impacts property taxes across the nation.

    Spending Bill Gives Affordable Housing a Huge Boost

    28 Mar, 2018

    The $1.3 trillion omnibus spending bill that was passed last week contained the first expansion of the Low Income Housing Tax Credit (LIHTC) program in more than 10 years. The measure increased...

    Downtown L.A. Starting to Mirror Manhattan's Glut of Apartments

    1 Mar, 2018

    More than 4,000 new apartments are forecast to hit the Los Angeles market this quarter, according to CoStar, as the first wave of as many as 30,000 in the next three years. Much of the...

    REBNY Report: Manhattan Retail Asking Rents Decline in 13 of 17 Top Shopping Corridors

    27 Nov, 2017

    Despite owners offering short-term leases and generous concessions in an effort to maintain high rent levels of previous years, Manhattan's retail slump continues with average asking rents for...

    Austin, Atlanta Lead Race to Win Amazon's HQ2

    26 Oct, 2017

    After Amazon announced plans in September to build a second headquarters (HQ2) in an undetermined location, hundreds of local officials across North America have submitted proposals to try and win...

    NREI: The Top 10 Cities with the Highest Commercial Property Taxes

    6 Sep, 2017
    As property values continue to recover or  even surpass values  achieved at the peak of the past cycle in 2006 and 2007, rising property tax bills shouldn't come as a surprise to landlords....

    Office Market Swings in Tenants’ Favor

    28 Apr, 2017

    In San Francisco, vacancy rose for the fourth consecutive quarter amid a surge of new supply, according to Cushman & Wakefield. A mixed-use development at 181 Fremont St. hasn’t announced any leases...

    NYC Commercial Property Values Skyrocket

    16 Jan, 2017

    Property tax bills for New York City commercial real estate owners have soared under Mayor Bill de Blasio, according to city data. While the tax rate for commercial properties increased slightly, the...

    Hotel Industry Faces Significant Challenges in 2017 Due to New Supply

    4 Jan, 2017

    The hotel industry could be facing an uphill battle in 2017 as new supply may erode pricing power and hinder performance. Hoteliers are already seeing performance dip as supply meets and surpasses...

    As Manhattan's Retail Market Softens, Landlords Embrace Pop-Up Shops

    13 Dec, 2016

    Due to a considerable amount of availability amid Manhattan’s softening retail market, temporary stores, or Pop-Ups, are teaming up with landlords in an unexpected win-win scenario. Cautious...

    New Jersey, Long Island Developers Converting Office Buildings to Warehouses

    22 Nov, 2016

    In an effort to keep up with e-commerce distribution demands, developers in New Jersey and Long Island are repurposing vacant suburban office buildings into warehouses. While this conversion seems...

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