FOR IMMEDIATE RELEASE - PITTSBURGH, PA, February 15, 2018 – Leo Castagnari, executive director of NAIOP Pittsburgh, has announced his decision to step down after 20 years of dedicated service to the organization. Castagnari was the first Executive Director of NAIOP Pittsburgh.
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NAIOP is pleased to report that last Friday, House and Senate negotiators came to an agreement on what is sure to be far-reaching reform of our existing tax code. The Tax Cuts and Jobs Act will be voted on this week and is expected to pass and be signed by President Trump.
The following was submitted to Pittsburgh Post-Gazette on 12/15/17:
Pittsburgh City Council has advanced a 0.5% increase in the real estate transfer tax in order to fund the affordable housing trust fund. The final vote will be taken next week.
While we understand the desire to capitalize the fund we strongly believe there are ways to do so that do not burden City of Pittsburgh residents and developers.
As you know, NAIOP's legislative team and I (Thomas J. Bisacquino) are committed to keeping you informed throughout this historic tax reform legislative process with progress updates and what the legislation means for the commercial real estate development industry.
The Senate has taken a significant step toward achieving comprehensive tax reform by passing its version of the Tax Cuts and Jobs Act. This week, the House and Senate will meet in conference to iron out the differences between the two versions.
FOR IMMEDIATE RELEASE - Diane Bookwalter, P.E.
(Pittsburgh, PA) – On Thursday, November 9, 2017, Millcraft Investments and McKnight Realty partners officially launched and opened pre-sales to Lumière Condominiums, a new 86-unit condominium project in downtown Pittsburgh.
House leaders took a significant step forward with tax reform efforts on Thursday with the release of the Tax Cuts and Jobs Act, H.R.1, which includes an expansive set of proposed changes to the corporate and individual tax ststem.
Are you interested in the latest state legislative report of issues currently being tracked in Pennsylvania? The below was published by NAIOP Corporate.