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Reuters: NYC real estate revenue down, yet city surplus remains

Started by NaDiNe, April 30, 2008, 12:44:12 AM

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NaDiNe

NYC real estate revenue down, yet city surplus remains
      


NEW YORK (Reuters) - Revenues from two New York City real estate taxes fell sharply in the first nine months of the budget year, the city comptroller said on Tuesday, offering fresh evidence of the impact of Wall Street's troubles on the local economy.
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