New York's prevailing wage requirement for property tax abatement affects management workloads. Many non-union buildings choose to pay prevailing wages to retain staff and tax benefits.
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“Tax Abatement” returned 8 articles
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ArticleTopicsColumn TypeIssue
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How Much Is The Tax Abatement Worth?
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Should You Raise Staff Wages Or Keep Your Property Tax Abatement?
Bump payroll, or lose your property tax abatement?
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Abatement to Be Tied to Prevailing Wages
Getting a tax abatement comes with a new condition.
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It's a Timing Issue
Crediting abatements to owners can get complicated if the board takes its time.
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Unsolved Mystery: The Case of the Denied Tax Abatements
New city computers leave Queens co-ops in the lurch.
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The New Tax Abatement Shackle Is a Prevailing Wage
To get the benefit, boards must pay a “prevailing wage.”
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The Mystery of the Missing Abatement
Why was the unit not eligible for their annual tax abatement?
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Hot Potato
The burden of filing for condo tax abatements is now in management’s hands.
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