Donald Trump is the only New York City billionaire to receive middle-class tax break | Crain’s New York Business

  Height – 1536 | Width – 2048 Photo: Bloomberg Donald Trump is the only billionaire in the city to get a middle-class tax break. Earlier this year, Crain’s reported that Donald Trump received a property-tax break for middle-class New Yorkers. That revelation raised questions about just how wealthy the presumptive GOP presidential nominee really…

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Airbnb and house-sharing firms reduced New York housing stock by 10% – study | US news | The Guardian

Short-term rental companies like Airbnb are flooding New York City’s housing market, reducing available housing stock citywide by 10%, a new study has revealed. More than 55% of rooms or apartments listed on Airbnb in New York are illegal, according to the report, which is the result of research commissioned by two affordable housing advocacy…

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