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NYC Real Estate Tax & Closing Cost Guide: Everything Buyers and Sellers Pay in 2026
Every tax and cost a Manhattan buyer or seller pays in 2026 — mansion tax cliffs, transfer taxes, MRT, 421-a phase-outs, capital gains, the prewar property tax differential. The full reference.
Corey Cohen
6 days ago22 min read


Tax Implications of Selling Your Manhattan Apartment
Capital gains tax is the largest tax most Manhattan sellers face on a sale. A plain-English breakdown of federal, state, and city rates, the $250K/$500K primary residence exclusion, FIRPTA, 1031 exchanges, and basis step-up.
Corey Cohen
6 days ago10 min read


The 421-a Tax Abatement: What It Is, Where to Find It, and What Happens When It Expires
The 421-a abatement saves new-development buyers thousands per year — until it expires and taxes triple overnight. Here's how to read the schedule.
Corey Cohen
May 13 min read


The FARE Act Explained: Who Pays the Broker Fee on NYC Rentals Now?
New York's FARE Act shifts the broker fee from tenant to landlord on most NYC rentals. Here's what changed and how it actually plays out at lease signing.
Corey Cohen
May 13 min read


The NYC Mansion Tax: Full Bracket Table and How It Actually Works
The NYC mansion tax starts at 1% above $1M and tops out at 3.9% above $25M. Here's the full bracket table and how to plan your offer around it.
Corey Cohen
May 13 min read


The Pied-à-Terre Tax Debate Returns. A Tale of Three Cities.
Albany is debating a Manhattan pied-à-terre tax again. What Paris, Vancouver, and London tell us about how this kind of tax actually plays out.
Corey Cohen
Apr 296 min read


Washington Keeps Fixing Housing the Same Way
Washington's housing affordability proposals — 401(k) down payments, GSE tweaks, supply-side levers — keep recycling the same playbook. Here's what actually works in NYC.
Corey Cohen
Feb 102 min read


New York Builds Housing Like It's 1975. That Might Finally Change.
New York can launch a global brand overnight, but it still takes years to approve a new apartment building. The math behind why housing supply finally might change.
Corey Cohen
Dec 9, 20254 min read


Jamie Dimon and Zohran Mamdani: Two Visions Competing for New York's Future
Two competing visions for New York's future: the JPMorgan-anchored business community vs. Mamdani's progressive coalition. The real estate stakes for Manhattan.
Corey Cohen
Nov 30, 20254 min read


The Hidden Costs of Luxury Apartments in 2025
Manhattan luxury co-ops and condos face Local Law 97 fines, climbing operating costs, and tighter lending in 2025. The hidden costs of holding luxury, decoded.
Corey Cohen
Aug 11, 20252 min read


New Tax Cuts Reshape the Real Estate Landscape
The One Big Beautiful Bill brings several tax changes with material implications for real estate — SALT, mortgage interest, depreciation. Here's what changed.
Corey Cohen
Jul 11, 20252 min read


Will Mamdani’s Rent Freeze Melt Investor Confidence?
Mamdani's rent freeze proposal could reshape NYC housing — affordability relief for tenants, pressure on market-rate rents, and a chill on investor confidence.
Corey Cohen
Jul 1, 20253 min read


Moving Just Got Cheaper in NYC - What's the Catch?
The FARE Act rewrote NYC's rental playbook: tenants no longer pay broker fees when landlords hire the broker. Major shift, real catch on rising rents.
Corey Cohen
Jun 16, 20253 min read


A Dash of SALT in Trump’s Big Beautiful Tax Bill
A new proposal could raise the SALT deduction cap for some NYC homeowners, offering modest tax relief and added buying power for mid-market buyers.
Corey Cohen
May 27, 20252 min read


The 97% Discount
A 29-unit rent-stabilized East Harlem building worth millions in 2016 just sold for 97% less. The HSTPA 2019 destroyed the math on stabilized multifamily.
Corey Cohen
Mar 28, 20252 min read


Elon Musk's DOGE Disrupts Federal Real Estate
Federal leases used to be the gold standard. Now Musk's DOGE is cancelling them, upending Washington DC's real estate market and federal landlords nationwide.
Corey Cohen
Mar 10, 20252 min read


The Roebling Report: 2025 Real Estate Taxes and Policies
Navigate 2025's real estate shifts: higher rates, SALT cap movement, soaring operating costs, and new policy. The Roebling Report's annual outlook.
Corey Cohen
Jan 17, 20252 min read


City of Yes
NYC's City of Yes for Housing Opportunity is the biggest zoning reform in 60+ years — adding capacity for 80,000 homes citywide. Here's what it actually changes.
Corey Cohen
Dec 12, 20242 min read


Will uncapped SALT deductions return in 2025?
Trump's proposed SALT cap repeal could meaningfully boost Manhattan luxury — high-earner buyers would regain six-figure deduction power overnight.
Corey Cohen
Nov 22, 20242 min read


Navigating the Spring Housing Market
Navigating the spring housing market: Good Cause Eviction, IAI rule changes, and Manhattan inventory dynamics. The Roebling Report breaks it down.
Corey Cohen
May 13, 20242 min read
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