Tax Increases

The Rauch Foundation recently released its latest Long Island Index report, which shows many are warming to the idea of changing zoning laws to increase height limits in downtowns and place apartments above...

The Mexican motor-vehicle industry reported good results in 2011, with production, exports, and domestic sales all increasing. But the good news was diminished by reports that Mexico is still struggling with the illegal...

Unless the city decides to lower the tax rate, property owners can expect to pay higher taxes in 2013. The taxable value of New York City real estate will rise to $845.4 billion...

Governor Andrew M. Cuomo recently travelled his 2012-13 Executive Budget and Reform Plan. The Governor's $132.5 billion budget and reform plan builds on the spending reform initiatives adopted last year. The budget increases...

Multif amily home construction will still lead the way in 2012, according to Jeffrey Otteau, president of Otteau Valuation Group, but recent increases in the number of existing home sales may turn 2013...

Two Long Island-based community banks founded about four years ago closed their fiscal year on a high note, reporting profits as well as increases in assets. Empire National Bank and Gold Coast Bank,...

LOUISVILLE, Ky. -- Republic Bancorp, Inc. is pleased to announce its fourth consecutive year of increased earnings by completing 2011 with net income of $94.1 million, a $29.4 million, or 45%, increase over...

PHOENIX -- Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX): Net income attributable to common stock for fourth-quarter 2011 was $640 million, $0.67 per share, compared with net income of $1.5 billion, $1.63 per...

Strong Capital Generation With Tier 1 Common Equity Ratio at 9.86 Percent Global Excess Liquidity Sources Remain Strong at $378 Billion, up $42 Billion in 2011 Investment Bank Maintained No. 2 Global Ranking...

NEW YORK -- International Flavors & Fragrances Inc. (NYSE: IFF), a leading global creator of flavors and fragrances for consumer products, today announced a strategic initiative designed to strengthen the Company's global go-to-market...

After apparently being sheltered from the worst effects of the recession, New York City could be about to pay the piper, according to Moody's chief economist, Mark Zandi. Speaking at the 2012 Real...

Highlights: GAAP Financials(1) * Q3 revenue of $117.2 million, down 23.2% from the corresponding quarter last year (primarily due to change in accounting for repair payments) (2 ) and flat sequentially * Q3...

- Records Pre-Tax Charge of $61.0 Million ($.17 Per Share) - Full Year Net Income of $603.6 Million, Earnings Per Common Share of $2.47 - Full Year Pre-Tax Charges Total $91.6 Million ($.25...

HOUSTON -- Western Gas Partners, LP (NYSE: WES) announced today that the board of directors of its general partner has declared a cash distribution of $0.44 per unit for the fourth quarter of...

SAN FRANCISCO -- Fitch Ratings assigns the following rating for the Metropolitan Water District of Salt Lake & Sandy, Utah: --Approximately $120 million water system revenue and refunding bonds, series 2012A rated 'AA+'....

2011 Loan Originations Up 19 Percent, Operating Expenses Down NEWARK, Del. -- Sallie Mae (NASDAQ: SLM), formally SLM Corporation, today released fourth-quarter and full-year 2011 financial results highlighting increased student loan originations, lower...

Operating-Basis((1)) Earnings Per Share of $3.73 Increased 10% from $3.40 in 2010 BOSTON -- State Street Corporation today announced full-year and fourth-quarter 2011 earnings per common share of $3.79 and $0.76, respectively, compared...

Fourth Quarter Earnings Per Common Share Were $1.84 NEW YORK -- The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenues of $28.81 billion and net earnings of $4.44 billion for the...

[ILLUSTRATION OMITTED] The Real Estate Board of New York was successful in achieving many of the goals established in its 2011 agenda, in spite of increasing government dysfunction on the federal level and...