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Scott E. Mollen, a partner at Herrick, Feinstein, analyzes recent rulings, including a case where the buyer, alarmed at a sharp drop in prices, failed to timely close a purchase and the seller was en
...in New York City. New York City's Real Property Transfer Tax (RPTT) is imposed upon the transferor of any grants, assignments, transfers or surrenders...
Jeffrey D. Friedlander, first assistant corporation counsel of the City of New York, writes that the 36 attorneys of the Law Department's Tax and Bankruptcy Litigation Division represent the city in
...York state Legislature amended New York City's real property transfer tax (RPTT) to impose the RPTT on transfers of controlling economic interests.3...
Mario J. Suarez, a partner at Thompson Hine, reviews three recent New York City Tax Appeal Tribunal decisions that have sown further confusion with respect to the application of NYC's real property t
...New York City's Real Property Transfer Tax (RPTT) is charged on the transfer of a one-to-three family dwelling...
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