New York lawmakers are planning a new tax on New York City homes purchased in cash for at least $1 million, according to people familiar with the state budget negotiations.

And for now, there also still seems to be some demand for very high-end real estate in the city. Oshan noted in its latest report that its top contract (17) was for a 3,889-square foot, $17.6 million condo on Fifth Avenue with 10-foot-plus ceilings, four bedrooms, four and-a-half bathrooms and a sweeping view of Madison Square Park.

Dave Carlin has covered major national news stories and events in the past four decades including Superstorm Sandy and its tri-state impacts, Hurricane Hugo in South Carolina and Iniki on Kauai, Hawaii. He also covered the Space Shuttle Program, 1989 San ...

Recent New York City government statistics show that the city’s total homeless shelter population on any given night is between 82,000 and 86,000, including adults and children. The number of children is consistently around 28,

One person was injured after debris fell from a bridge ceiling in Manhattan, hitting a motorist's cari in a westbound lane.

Dan Sohail, 36, plowed an entrance to the packed Brooklyn synagogue with his car five consecutive times in January, federal prosecutors said.

The comptroller's letter asks City Hall for a detailed explanation of the current process, and the average time it takes the city to process and approve a restaurant's application for outdoor dining.

A controversial new tax on second homes in New York City was quietly lowered from $5 million to a “market value” of $1 million — increasing the number of homeowners who will get squeezed as part of Gov.