NATIONAL
Why it's so hard to convert offices into housing
QZ
As employees shift to working outside the office, some Manhattan developers are considering turning their office towers into apartment buildings. The latest high-profile example? The former headquarters of Goldman Sachs, in the heart of the Financial District.
These are the Worst States in America for Property Taxes
Yahoo Finance
Skyrocketing home prices are bad enough, but if you really want to avoid wasting money, think twice about moving to a state with high property taxes. Yes, those taxes can get you high-quality amenities such as good roads, schools, and fire and police departments. But they also can rob you of the money you need to save for things like a great retirement.
ARIZONA
The Centre mall given leave to appeal tax decision on unused theatre
The Star Phoenix
It's a question that seems like it could only come up in the legal system: Can an empty theatre be taxed as a theatre, even if there's an agreement in place not to use it as a theatre? That's what the courts will have to sort through after a recent decision from the Saskatchewan Court of Appeal.
CALIFORNIA
Downtown SF properties appeal taxes; millions at stake
sfexaminer.com
High atop San Francisco's beleaguered downtown this month, the owners and redevelopers of the Transamerica Pyramid celebrated the skyscraper's 50th anniversary and impending rebirth as a beacon of hope for a struggling city.
HAWAII
Oahu homeowners balk after property tax assessments soar
Hawaii News Now
When Connie Irwin received her real property tax assessments for her Haleiwa home last week, she was shocked. The retiree ― who lives on a fixed income ― said the property tax assessment for her home went from $2,585,000 last year to $3,337,000. Similar increases next year could force her to sell, she said.
KANSAS
Kansas could revisit pipeline tax exemption after Keystone oil spill
CJ Online
After the Keystone pipeline spilled 14,000 barrels of crude oil onto Kansas pasture and into a creek, Gov. Laura Kelly is on board with reconsidering the state's property tax exemption for pipelines.
NEW YORK
Hochul Blocks Law Ending N.Y. Property Tax Break for New Condos
Bloomberg Tax
New York Gov. Kathy Hochul (D) on Friday vetoed a law that would end a tax advantage that allows newly constructed condos to receive a property tax break. Condos are taxed at a lower rate than single-family homes even if their market value is greater.
TEXAS
Travis Appraisal Review Board members pared
The Austin Bulldog
The Travis Central Appraisal District's board of directors has approved a radical reduction in the number of people who will be tasked with conducting formal hearings of property valuation protests in 2023.
Texas lawmakers let an economic development law championed by former Fort Worth lawmaker die. What's next?
Fort Worth Report
Fort Worth Independent School District trustees were offered a deal they couldn't resist. Trustees approved a tax abatement to a solar energy company that could bring millions to the district in coming years. Hanwha Q Cells Americas Holdings Co. promised it would invest $1.3 billion in the location it decides to build its solar panel manufacturing facility, according to Fort Worth ISD's release.
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