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Mon, 12/18/2017 - 3:56pm

Victory for CRE in Tax Reform

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.

Fri, 12/15/2017 - 4:29pm

Increase In Transfer Tax Hurts Both Citizens and Businesses

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.

Tue, 12/05/2017 - 9:56am

Senate Tax Bill, Reconciliation, and CRE

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.