New YorkMar 12, 2025Howard Hughes spinoff reverses course on 250 Water StreetSeaport Entertainment Group lists site after years of legal wrangling
New YorkJan 27, 2025Tenants sue Shorewood over alleged 421a violations Residents claim developer is manipulating the tax break law in Jamaica
New YorkOct 16, 2024Developers seeking 421a extension propose 71,000 homesCity has received letters of intent for 650 projects
New YorkAug 29, 2024Confusion, ignorance costing developers crucial tax breakApplications for 421a extensions lag as deadline nears
New YorkAug 21, 2024The Daily Dirt: A summer of deadlines for both landlords and developersA key good cause eviction deadline passed this month
New YorkAug 8, 2024Chetrit dishes dirty details of Parkhill City foreclosureDeveloper claims lender “sabotaged” project, lender alleges uncured defaults
New YorkAug 1, 2024These are New York’s most active architectsThe Real Deal's annual rankings reveal a turning point, as the shifting tides of housing policy defined a post-pandemic design market
New YorkJul 30, 2024The Daily Dirt: 421a had big share of affordable housing production40% of new units were built with now-expired tax break
New YorkJul 26, 2024Lightstone is latest target of 421a rent lawsuitDeveloper set base rent without factoring in concessions, allowing for 30% bump
New YorkJun 26, 2024City accuses owners of underpaying 421a wages to building service workersMidwood, Patrinely and Planned Companies allegedly failed to pay prevailing wage
New YorkMay 13, 2024Elie Pariente lands $110M loan to build Atlantic Avenue projectQuadReal provides financing for EMP Capital’s 246-unit, mixed-use development
New YorkMay 8, 2024Will developers try to game 485x to avoid wage, affordability rules?Panel talks housing construction after state budget at TRD Forum
New YorkMay 6, 2024Two Trees concerned 485x won’t work at River RingDeveloper laments wage, affordability changes
New YorkMay 4, 2024The Daily Dirt: One winner, two losers in rental projects’ tax break485x may be generous to construction workers — but not developers, renters, or sellers
New YorkMay 2, 2024Whole new world: How NYC values 421a, 485x sites nowNew law pushing land prices up as developers scramble for properties
New YorkMay 2, 2024The Daily Dirt: Sorting fact from fiction on developers’ new tax breakIs 485x more generous than 421a, as some suggest?
New YorkApr 25, 2024Bruce Teitelbaum has new plan for revived Harlem projectDeveloper’s One45 gets boost from 421a extension, Council member
New YorkApr 25, 2024The Daily Dirt: What lies ahead for 421a, 485x projectsA look at options available to developers
New YorkApr 23, 2024The Daily Dirt: The housing policies no one is talking aboutState budget has even more under the hood
New YorkApr 20, 2024Housing deal finally passes; here are the detailsCheat sheet for 485x, office conversions, IAIs, good cause eviction and more