Milstein Real Estate In the News

Ten years ago the economy broke. Today, America is a much different place, not just economically, but politically and culturally. This year, Marketplace will explore how the financial crisis and its aftermath changed us in a project called Divided Decade.

The House and Senate pass a tax bill with big, permanent cuts for corporations and the rich, and modest, temporary ones for much of the middle class. President Trump to sign it quickly. We’ll look at what the plan means for home ownership and the American dream.

As Republicans in Congress move toward final votes on their tax package, housing economists, realtors, home builders and mortgage bankers are trying to anticipate the likely effects on the industry going forward.

The Republican tax plan is being sharply criticized by home-builders and realtors. They say the plan would discourage home-buying and push down home prices.

In the weeks following the 9/11 terrorist attacks, New York City’s position as the center of the financial world came into question. Now, 16-years after the day that could have permanently changed the course of New York’s history, downtown Manhattan rebuilt both its buildings and status of importance. Lynne B. Sagalyn examines the economic impact of the World Trade Center’s fall and rise in the following excerpt from Power at Ground Zero.