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.

    Philadelphia Committee Advances Tax on New Construction Despite Scorching Criticism

    7 Jun, 2018

    As Philadelphia experiences one of its biggest development booms in recent history, a tax on new construction to fund affordable housing moved one step closer to passage Wednesday. The Council’s...

    Are Philly's 'Unpredictable' Property Tax Assessments Threatening New Development?

    10 May, 2018

    In 2013, Philadelphia made a major overhaul of its property tax system after criticism that real estate throughout the city was severely undervalued. To fix the issue, former Mayor Michael Nutter...

    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...

    Philadelphia Property Tax Revenue to Increase $118M After Reassessing Commercial Properties

    31 Mar, 2017

    Philadelphia commercial property owners should expect major increases when they receive their property assessments mid-April. The value of the taxable portion of Philadelphia’s 14,000 commercial...

    Industrial Sector Posts Record-Breaking Performance

    6 Mar, 2017

    Continued growth in e-commerce has driven industrial vacancy to an all-time low, declining by 70 basis points from a year ago to an aggregate nationwide vacancy of 5.6 percent in the fourth quarter...

    Judge Orders Countywide Reassessment for Delaware County, Pennsylvania

    6 Feb, 2017

    The Delaware County Board of Assessment Appeals was court-ordered to conduct a countywide reassessment of all properties in Delaware County, Pennsylvania. The order follows a trial with a residential...

    Philadelphia Passes Law to Close Transfer Tax Loopholes

    8 Dec, 2016

    Philadelphia City Council unanimously approved legislation aimed at closing the loopholes that has allowed buyers and sellers of some of the city’s biggest commercial real estate transactions to...

    Philadelphia Bill Seeks to Close Transfer Tax Loopholes

    26 Sep, 2016

    Philadelphia City Councilman Al Taubenberger introduced legislation to close the loopholes that he says has allowed buyers and sellers of some of the city’s biggest commercial real estate...

    Philadelphia School District Program to Target ‘Undervalued Properties’ and Increase Tax Revenue

    10 Aug, 2016

    The Philadelphia School District announced Tuesday that it will begin a three-year pilot program to identify undervalued properties throughout the city in an effort to increase tax dollars. The...

    E-Commerce Demands Shifting East Coast Warehouse Hubs

    9 Aug, 2016

    As online retailers shift their focus to two-day and same-day package delivery, warehouse builders are beginning to redraw the map of logistics hubs on the East Coast. Historically, the area around...