Fiscal Year 2020 NY State Budget – Real Estate Highlights
On March 31, 2019, Governor Andrew M. Cuomo and the State Legislature passed the $175 billion FY 2020 budget (the "Budget") for the state of New York. Real estate related highlights from the budget include: Permanent 2% Property Tax Cap: The inclusion of the permanent 2% property tax cap in the FY 2020 Budget will Read More »