MORENYC Blog

Penthouse Condo Flipping in NYC Driven by Low Property Tax on Luxury Homes

The Upshot has a horrific story about hedge fund manager William Ackman buying a $90 million penthouse condo to...sit on it empty until someone ponies up a higher price, your basic condo flipping you usuall

Introducing MORENYC Blog

This blog column will be a chance to highlight key news related to MORENYC's mission and provide a chance to do ongoing analysis of what is needed for longterm changes in housing policy in New York City and around the nation and world to create truly sustainable urban policy.

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