Manhattan Express | Tag Archive | NYC commercial rent tax

Home » Posts tagged with » NYC commercial rent tax

Republican Harary Focuses on Local Concerns, Mum on DC’s GOP

Republican Harary Focuses on Local Concerns, Mum on DC’s GOP

BY LEVAR ALONZO | Democrats have long enjoyed a political stranglehold in most New York City Council districts, where oftentimes the race is decided in the Sept. primary rather than on Election Day in Nov. Republican businesswoman Rebecca Harary is looking to break their grip.  Harary, who won her party’s nomination in an uncontested Sept. 12 […]

Garodnick Leads Charge on Small Business Rent Tax Relief

Garodnick Leads Charge on Small Business Rent Tax Relief

BY JACKSON CHEN | City Councilmembers across Manhattan are calling for reform of a decades-old commercial rent tax they say is burdening many local businesses into extinction. The commercial rent tax (CRT) was created in 1963 as a revenue generator that charges businesses paying more than $250,000 in annual rent a 3.9 percent levy. In […]