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Week of December 8, 2003

Front Page

President's Message

* 2003 – A Year to Remember

Housing Politics

* Congress Delays Decision on Flood Insurance

Housing and Economics

* New-Home Sales to Top One Million This Year Despite Small October Dip
* Existing-Home Sales Soften in October, But Still Near Record
* Eye on the Economy

Multifamily

* Condominium Sales Are Hotter Than Ever

Housing Finance

* Fannie-Freddie Conforming Loan Limit Increases Announced for 2004
* Appointment of New Freddie Mac Chairman Applauded

Business Management

* Beware Software Consultants Who Are Salespeople in Disguise

Seniors Housing

* End the Mystery of Poor Sales With Mystery Shopping

Small Builders and Remodelers

* In-house Design Services — Yes or No?

Sales and Marketing

* The Marketing Plan: What It Is, How It Works and Why You’ll Love It

Member Dividends

* Long Island Builders Successfully Oppose Real Estate Transfer Tax

Labor

* Project CRAFT Receives Praise for Habitat Efforts

Housing Forum

* Observations from a Small Volume Builder: Ten Secrets to Success
* The Best Remedy for Settling

Building News Coast To Coast

Association News & Events

* One Home at a Time, Mississippi Builder Putting Working Families on the Road to the American Dream
* Find the Right NAHB Staff Faster Than Ever Online
* Calendar of Events

NBN Back Issues

 

Long Island Builders Successfully Oppose Real Estate Transfer Tax

When builders in Brookhaven, NY, in eastern Long Island recently faced the prospect of a taxpayer-supported open space trust fund that would have given local government the ability to outbid local builders for small parcels of land, they mobilized to oppose the measure and elicited help from NAHB in supporting their cause.

The town of Brookhaven placed on the November ballot a 2% real estate transfer tax on the sale of homes over $250,000 and lots over $150,000.

Revenue from the measure, which was expected to exceed $25 million annually, would have "made Brookhaven an eight hundred pound gorilla in the local real estate market," said Robert Wieboldt, executive director of the Long Island Builders Institute.

Wieboldt's association predicted that the tax would take a devastating toll on the economy of eastern Long Island and formed a coalition with business and community groups to defeat the proposition.


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The group, Brookhaven Citizens Against Higher Taxes, led a two-part effort against the ballot measure. First, the coalition launched a $300,000 public awareness campaign to alert the community of the danger of passing the ballot measure, and it obtained more than 3,000 voter signatures opposing the tax.

Secondly, the group challenged the validity of the proposition in court because language on the ballot omitted critical information about who would be liable for the tax. This opened the possibility of having the measure taken off the ballot. 

Less than a week before the election, ruling that the proposition was misleading to voters, a state Supreme Court justice ordered the measure to be removed from the ballot, and the Long Island Builders Institute declared victory.
 
The tax may appear on next year’s ballot, although the Long Island association, working through the Brookhaven Citizens Against Higher Taxes, has mobilized public opinion against the tax. Polls taken in late October showed that the ballot measure was on its way to defeat. Most importantly, the group ignited a firestorm of opposition against higher taxes in the community. 

The Long Island Builders Institute’s campaign was aided by a $25,000 grant from NAHB’s State & Local Issues Fund, a program that provides financial support for home builders associations facing nationally significant legislative, regulatory or political challenges.

To learn more about the Long Island Builders Institute’s success, contact Robert Wieboldt at 631-232-2345 or e-mail NAHB’s Dan Quinonez or call him at 800-368-5242 x8585.

For more information on NAHB’s State & Local Issues Fund, e-mail Sam Leyvas or call him at 800-368-5242 x8326.


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Make Your Connection With www.nahb.org

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Log in today to register for educational seminars, meetings and networking events; find important economic and housing data; and learn the latest developments in NAHB’s efforts to promote housing. It’s all available to you 24 hours a day at www.nahb.org. Just click the "Member Log In" button to get started.

If you are a member and need information about NAHB products and services, use the NAHB Staff Contact Directory to look up the direct telephone extensions for NAHB staff experts.


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