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.

    New Inventory Pushing Boston Apartment Rents Down

    30 Apr, 2014

    According to a recent report from CoStar Group, rents in Boston’s Back Bay and South End fell by more than 9 percent in the first quarter — the biggest drop of any Hub neighborhood — as competition...

    Las Vegas Commercial Real Estate Sectors Looking Up

    28 Apr, 2014

    Las Vegas' economy is finally improving, boosting commercial real estate markets in the first quarter. According to the Las Vegas Business Press, a new report from commercial brokerage Avison Young...

    New York City Council Proposes Property Tax Overhaul

    25 Apr, 2014

    This week, the New York City Council proposed a property tax system overhaul, which was part of their $257 million budget request to fund a thousand more cops, free school lunches, and efforts to...

    New Hotels Could Hurt El Paso’s Already ‘Down’ Market

    24 Apr, 2014

    By Aaron Gemoets, Senior Managing Consultant, San Antonio

    Deadline Reminder: NYC Real Property Income and Expense Statement (Penalties for Non-Compliance)

    23 Apr, 2014

    Important Notice Concerning RPIE Filing Requirements Due June 2, 2014

    Despite Positive National Forecasts, D.C. Hoteliers Face Many Issues

    22 Apr, 2014

    By Sharif Mitchell, Area Leader / Principal, New York City

    Michigan Townships Appeal Property Assessment Reductions for 'Big Box' Retailers

    21 Apr, 2014

    Two Michigan townships recently took cases to the Michigan Court of Appeals, where they battled against the property assessment reductions for "big box" retailers. Large retailers such as Target,...

    Detroit Approves Property Tax Overhaul

    18 Apr, 2014

    Due to complaints of widespread over-assessments, the Michigan State Tax Commission, which is responsible for setting property taxes, approved plans to overhaul the troubled department. Detroit will...

    Poll Shows Bipartisan Support for Tweak to Prop 13

    17 Apr, 2014

    The intricacies of Proposition 13, which voters approved in 1978, has long been a topic of debate in California. A Field Poll released today found that voters strongly support rewriting one aspect of...

    Colorado House Approves Scaled-Down Business Personal Property Tax Break

    16 Apr, 2014

    On Monday, the Colorado House approved a scaled-down personal property tax break that is expected benefit about 28,000 business across the state. According to the Denver Business Journal, House Bill...

    Group Asks U.S. Supreme Court to Consider Scrapping Alabama's Property Tax System

    15 Apr, 2014

    Attorneys for a group of poor Alabama schoolchildren and their parents are asking the U.S. Supreme Court to considering scrapping Alabama's property tax system, which the group believes to be unfair...

    Using ‘Equal &Uniform’ for Value Reductions in Texas

    14 Apr, 2014

    By James Sutton, Managing Consultant, Dallas & Bill O’Quinn, Senior Managing Consultant, Dallas

    Pennsylvania Bill Would Eliminate School Property Taxes

    11 Apr, 2014

    Property tax reform has long been a discussion in Pennsylvania, and it is the topic of conversation once again. Senate Bill 76, also known as the Property Tax Independence Act, is a proposal to...

    Providence Biltmore Hotel's Property Tax Battle Could Have Major Repercussions for City

    10 Apr, 2014

    Providence, Rhode Island and the owner of the Providence Biltmore Hotel are in a legal battle over a revised property tax bill. The dispute is related to a tax stabilization agreement city officials...

    Dallas−Fort Worth Industrial Market Heats Up

    9 Apr, 2014

    By Carlos Villatoro, Managing Consultant, Dallas

    San Francisco Hearing Will Discuss 'Twitter Tax Break'

    8 Apr, 2014

    San Francisco Supervisor David Campos has requested a hearing to discuss the ways the so-called 'Twitter tax break' have impacted the Mid-Market neighborhood. According to the San Francisco Business...

    Paradigm Tax Group Acquires Diversified Property Solutions LLC

    7 Apr, 2014

    Detroit, Michigan - Paradigm Tax Group (Paradigm) is proud to announce its recent acquisition of Diversified Property Solutions (DPS), a property tax advisory firm based in Southfield, Michigan....

    Lawsuit Threatens NYC's Unjust Property Tax System

    4 Apr, 2014

    New York City's property tax system, described as "irrational, unjust and absurdly complex," is under fire due to a February lawsuit regarding the disproportionate amount of property taxes...

    The Demise of Major Retail Chains and its Impact on Tax Assessment Rolls Nationwide

    3 Apr, 2014

    By Jerry Heaton, Senior Managing Consultant, Dallas

    Chicago Mayor Proposes $750M Property Tax Hike

    2 Apr, 2014

    Chicago Mayor Rahm Emanuel's proposed pension deal with some of its unions that would resolve about half of the city's pension debt crisis would cost property owners much more than city officials...

    The Downside of Seattle’s White‐Hot Commercial Real Estate Market

    1 Apr, 2014

    By Justin Civitts, Managing Consultant, Seattle