Extension for 421-a Tax Break Could Add 71K Apartments
By Adam Daly, Brooklyn Paper Governor Kathy Hochul announced Wednesday that an estimated 71,000 n...
Tag: 421-a Tax Break
Adams and Hochul Hack Tax Break Impasse to Spur New Housing
Greg David, The City This article was originally published on Sep 29 5:00am EDT by THE CITY ...
Mayor Adams Cites Need for 421-a Tax Break Replacement to Create Affordable Housing
Mayor Eric Adams’ plan to create more “affordable” housing by converting unused office spaces ...
Bushwick Landlords Accused of Exploiting 421-a, Overcharging Tenants Face Prosecution
Prosecutors announced that Brooklyn real estate developers were indicted for allegedly defrauding th...
Pols, Advocates Wrangle Over Future of 421-a Tax Break for Development, ‘Affordable’ Housing
As the state legislature and Governor Kathy Hochul negotiate the state budget before an April 1 dead...
What Does the New 421-a Deal Mean for Brooklyn Real Estate Development?
Finally, a deal has been struck over the controversial but expired tax break for developers known as...
Here’s What You Should Know About 421-a and Its Incredible Impact on Development in NYC (Updated)
Editor's note: A new deal was struck in November of 2016. Click here for all the details. Hated b...
Hundreds of Brooklyn Renters to Get Payback From Overcharging Landlords
Landlords have been overcharging tenants in thousands of Brooklyn apartments, according to a rep...
Report: While Developers Exploit Tax Breaks at Tenants’ Expense, City Does Little
Despite some of the most extensive rent regulation laws in the nation, a bureaucratic entanglement ...
Nervous Developers Rush to Build More Units Before New De Blasio Plan Takes Effect
What's the rush? Developers created nearly three times the number of units this year using New Y...
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