Who still has tax savings as the sun sets on 421a abatement?
The days of 421a are gone — but there are still new developments able to offer the lucrative tax in the city. The 421a program,
Tag : affordable new york
City plays matchmaker in affordable market to head off ‘predatory investors’
City Hall wants to play matchmaker for affordable housing sellers and preservation-minded buyers. Hoping to safeguard communities from “predatory investors”—developers who flip bargain-priced properties into
State lawmakers revive 421a tax break
The New York State Legislature has revived the 421a tax abatement program, ending a stand-off that has persisted for over a year. Now rebranded as
Banks: 421a deal may be weeks away
State authorities are moving forward with a plan to revive the lapsed 421-a tax incentive. On Monday, Governor Andrew Cuomo advanced a replacement plan negotiated