Author: newyork-news

Folks using e-bikes in Central Park. REUTERS A 15 mph velocity restrict on all e-bikes touring on New York Metropolis streets might quickly turn into the legislation of the land. Metropolis Council Member Virginia Maloney (D-Manhattan) launched laws on April 30 that will set up a 15 mph velocity restrict for the micromobility gadgets all through town. She stated she launched the invoice in response to a surge in pedestrian accidents as e-bike use has exploded throughout the 5 boroughs. “New Yorkers should feel safe walking their streets,” Maloney stated. “As technology changes how we move through the city, our…

Will the pied-à-terre tax be a windfall for cash-strapped New York Metropolis? Comptroller Mark Levine mentioned Thursday that every one depends upon guidelines and enforcement for the yet-to-be enacted surcharge on rich property homeowners. Gov. Kathy Hochul’s proposed tax on high-value second houses in New York Metropolis might elevate roughly $500 million a 12 months if rigorously designed — however revenues might fall nicely quick with out clear guidelines on exemptions, enforcement and proprietor habits, in accordance with a brand new evaluation that Levine launched on April 30. The town comptroller’s workplace discovered the tax might plausibly elevate about $510…