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Table 4.II.E

New York City Real Estate Transfer Tax Collections

Geographic Area Net Transfer Tax Collections (in $ thousands)
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Bronx 3,700 4,093 5,749 5,590 5,948 6,329 8,094 15,392 18,538 19,989
Kings 12,110 12,446 20,512 20,384 20,141 24,099 29,880 57,966 74,612 68,511
Manhattan 32,806 68,643 73,758 82,118 80,554 83,716 93,404 183,773 296,861 411,241
Queens 16,422 14,229 21,531 21,321 22,487 21,154 30,363 55,244 66,739 64,067
Richmond 5,007 5,448 7,856 8,063 7,918 10,379 10,140 15,919 17,517 13,368
New York City Total 70,046 104,861 129,406 137,476 137,048 145,677 171,882 328,294 474,268 577,177
New York State Total 235,239 291,148 348,645 392,026 383,420 446,982 421,405 665,961 901,660 985,860
 
   
Geographic Area Net Transfer Tax Collections (Percentage Change)
1998-99 1999-2000   2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07
Bronx 10.6 40.4 -2.8 6.4 6.4 27.9 90.2 20.44 7.8
Kings 2.8 64.8 -0.6 -1.2 19.7 24.0 94.0 28.72 -8.2
Manhattan 109.2 7.5 11.3 -1.9 3.9 11.6 96.8 61.54 38.5
Queens -13.4 51.3 -1.0 5.5 -5.9 43.5 81.9 20.81 -4.0
Richmond 8.8 44.2 2.6 -1.8 31.1 -2.3 57.0 10.04 -23.7
New York City Total 49.7 23.4 6.2 -0.3 6.3 18.0 91.0 44.46 21.7
New York State Total 23.8 19.7 12.4 -2.2 16.6 -5.7 58.0 35.39 9.3
 
     
Source:    
NY State Dept. of Taxation and Finance - Annual Statistical Report of New York State Tax Collections (Table 17 - Real Estate Transfer Tax Collections by County).

 

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