Next phase of Brooklyn’s Greenpoint Landing gets underway
Ground has been broken for the next phase of Greenpoint Landing, the 22-acre East River waterfront community that will one day house over 5,500 apartments,
Tag : affordable new york
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,
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