Poughkeepsie, New York

The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.

The most valuable ground in the city, and what the public record says about it.

At this scale the significant owner is rarely a trust or a fund: it is one or two local holding companies, a family in its second or third generation, and often the land around the town rather than the buildings in it.

Counts and full market values are from the 2025 State roll for the City of Poughkeepsie (8,220 parcels, $4.18B; the City assesses at 100%, s2); the roll carries no acreage. 2,218 parcels have an entity rather than a person as owner. Value is concentrated in one hospital: Vassar Brothers Hospital's 18 parcels ($365.7M) are worth more than everything the City holds. The City's own holding includes the public school buildings, which the roll lists under 'City Of Poughkeepsie' rather than the school district. Industrial Development Agencies hold title to about $118M of private projects under tax deals.

New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.

New housing in the city is apartments, not subdivisions: no national homebuilder and no single-family-rental platform appears on the 2025 roll, and no entity holds more than about 10 houses. The large new projects are waterfront and downtown rentals built with IDA tax deals. Counts are roll parcels and IDA project amounts, not starts — no per-builder figures are published for Dutchess County.

The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.

Downtown Poughkeepsie has no REIT-scale office market: the largest private commercial parcels are a medical office building, one restored loft building and two Civic Center Plaza offices, each in its own LLC whose members are not on the roll. Several downtown projects sit under IDA title (s14). Values are 2025 full market value.

Claims this page would have made if a source could be opened. They are left out rather than guessed.

1. Property Assessment Data from Local Assessment Rolls (2025 roll, City of Poughkeepsie, SWIS 131300): owner of record, mailing address, property class, full market value, deed book/page; 8,220 parcels, total full market value $4,181,100,100, read 4 Nov 2026 — NYS Department of Taxation and Finance, Office of Real Property Tax Services (data.ny.gov) · openA
2. Equalization Rates: Beginning Rate Year 1954 (City of Poughkeepsie, SWIS 131300: 2022-2025 rate 100) — NYS ORPTS (data.ny.gov) · openA
3. ORPTS Municipal Data Portal: Sales Web 'includes 10 years of property sales and transfers for all of New York State, except New York City' — NYS Department of Taxation and Finance · openA
4. Real estate transfer tax: 'two dollars for each $500, or fractional part thereof, of consideration'; 1% mansion tax on residences of $1 million or more — NYS Department of Taxation and Finance · openA
5. Dutchess County Clerk Document Search: free search by party name (grantor/grantee), recorded date, document number or liber/page, municipality 'City of Poughkeepsie'; deeds, mortgages, liens, tax sales; copies by cart or mail — Dutchess County Clerk · openA
6. Health Facility General Information: Vassar Brothers Medical Center (fac_id 181), 45 Reade Place, Poughkeepsie; operator Health Quest Systems, Inc.; Not for Profit Corporation — New York State Department of Health (health.data.ny.gov vn5v-hh5r) · openA
7. Dutchess County ParcelAccess (Real Property Tax Service Agency): parcel, owner, sales (residential and condominium, past three years) and assessment search; assessment data updated with tentative (1 May) and final (1 July) rolls — Dutchess County Real Property Tax Service Agency · openA
8. Vassar Brothers Medical Center: 350-bed not-for-profit hospital, 45 Reade Place; $550 million expansion completed 2021; Nuvance Health 2019-2025, Northwell Health since 2025 — Wikipedia · openA
9. MJN Convention Center (Mid-Hudson Civic Center, 1976-2018), 14 Civic Center Plaza; operator MHCC, Inc.; Mair Hall 3,050 seats; adjacent hotel bought by Radisson — Wikipedia · openA
10. Walkway over the Hudson: NYS Bridge Authority owns the bridge structure; State Parks operates the park; conveyed by the nonprofit to NYSBA in Dec 2010; opened as walkway 3 Oct 2009 — Wikipedia · openA
11. Mid-Hudson Bridge: opened 25 Aug 1930, maintained by the New York State Bridge Authority — Wikipedia · openA
12. Poughkeepsie station: owner Metro-North Railroad; Hudson Line; 1,101 parking spaces — Wikipedia · openA
13. Industrial Development Agencies' Project Data (Authorities Budget Office PARIS reports), projects with city Poughkeepsie: applicant, address, project amount, date IDA took title, exemptions and PILOTs, FY2018-2024 — NYS Authorities Budget Office (data.ny.gov 9rtk-3fkw) · openA