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Fiscal Note: “Comparable Rentals”

Introduction The New York State Real Property Tax Law (RPTL §581) requires that: “Real property owned or leased by a cooperative corporation or on a condominium basis shall be assessed […] at a sum not exceeding the assessment which would... Read More

Jun 27, 2024

Fiscal Note: Strategic Asset Allocation

A crucial aspect of managing the five NYC public pension systems is the formulation of strategic asset allocations for each portfolio. This involves advising the pension systems as they establish target allocations for each asset class as a percentage of... Read More

Apr 30, 2024