NYC Developers Failing To Apply For 421a Tax Break Extension
New York
Aug 29, 2024

Confusion, ignorance costing developers crucial tax break

Applications for 421a extensions lag as deadline nears
The Daily Dirt: A summer of deadlines for both landlords and developers
New York
Aug 21, 2024

The Daily Dirt: A summer of deadlines for both landlords and developers

A key good cause eviction deadline passed this month
Chetrit dishes dirty details of Parkhill City foreclosure
New York
Aug 8, 2024

Chetrit dishes dirty details of Parkhill City foreclosure

Developer claims lender “sabotaged” project, lender alleges uncured defaults
These are New York’s most active architects
New York
Aug 1, 2024

These are New York’s most active architects

The Real Deal's annual rankings reveal a turning point, as the shifting tides of housing policy defined a post-pandemic design market
The Daily Dirt
New York
Jul 30, 2024

The Daily Dirt: 421a had big share of affordable housing production

40% of new units were built with now-expired tax break
Lightstone is Target of Latest 421a Rent Increase Lawsuit
New York
Jul 26, 2024

Lightstone is latest target of 421a rent lawsuit

Developer set base rent without factoring in concessions, allowing for 30% bump
City Sues Owners Over 421a Wages
New York
Jun 26, 2024

City accuses owners of underpaying 421a wages to building service workers

Midwood, Patrinely and Planned Companies allegedly failed to pay prevailing wage
EMP Capital Lands $110 Million Construction Loan For Atlantic Avenue Project
New York
May 13, 2024

Elie Pariente lands $110M loan to build Atlantic Avenue project

QuadReal provides financing for EMP Capital’s 246-unit, mixed-use development
Will developers try to game 485x to avoid wage, affordability rules?
New York
May 8, 2024

Will developers try to game 485x to avoid wage, affordability rules?

Panel talks housing construction after state budget at TRD Forum
Two Trees Says 485x Does Not Work at River Ring
New York
May 6, 2024

Two Trees concerned 485x won’t work at River Ring

Developer laments wage, affordability changes
Daily Dirt: One Winner, Two Losers in 485x
New York
May 4, 2024

The Daily Dirt: One winner, two losers in rental projects’ tax break

485x may be generous to construction workers — but not developers, renters, or sellers
Whole new world: How NYC values 421a, 485x sites now
New York
May 2, 2024

Whole new world: How NYC values 421a, 485x sites now

New law pushing land prices up as developers scramble for properties
The Daily Dirt: Sorting fact from fiction on developers’ new tax break
New York
May 2, 2024

The Daily Dirt: Sorting fact from fiction on developers’ new tax break

Is 485x more generous than 421a, as some suggest?
Bruce Teitelbaum has new plan for revived Harlem project
New York
Apr 25, 2024

Bruce Teitelbaum has new plan for revived Harlem project

Developer’s One45 gets boost from 421a extension, Council member
The Daily Dirt
New York
Apr 25, 2024

The Daily Dirt: What lies ahead for 421a, 485x projects

A look at options available to developers
The Daily Dirt
New York
Apr 23, 2024

The Daily Dirt: The housing policies no one is talking about

State budget has even more under the hood
Housing Policies in N.Y. Budget Bill
New York
Apr 20, 2024

Housing deal finally passes; here are the details

Cheat sheet for 485x, office conversions, IAIs, good cause eviction and more