421a

A new payment system introduced by New York City to streamline property tax payments has instead caused headaches for residents and building owners. The...

Changes to the rent regulation laws might’ve eventually driven some landlords to go condo or co-op. That is, if proposed legislation to renew the...

The time is up for apartments that benefitted from 421a developer tax abatements, and condominium owners are running for the door. Owners of Manhattan...

Housing Rights Initiative is accusing a Brooklyn landlord of overcharging rent-stabilized tenants at a newly constructed 421a building in Clinton Hill by more than...

Four years ago, New York developers were on the verge of losing a privilege they had come to expect as a right: getting a...

UPDATED, Sept. 27, 2018, 12:07 p.m.: Nearly 500,000 affordable apartments have vanished from New York City since 2005, according to a new report from...

For roughly 16 months between January 2016 and April 2017, one of developers’ favorite tax exemptions wasn’t an option. Though largely an incentive for...

A jury found Sheldon Silver guilty for the second time on Friday, wrapping up the more than week-long re-trial of the former Assembly speaker...

Buyers looking for luxury condominiums in the city can still swoop on multi-million dollar listings and pay almost no property taxes, but the deals...

Officials temporarily halted a tax break for more than 1,700 property owners, including every single owner at the luxury condominium tower at 56 Leonard...

The developers of a Williamsburg condominium are offering to pay up to $80,000 in taxes for buyers who go into contract by the end...

Deputy Mayor Alicia Glen is not very impressed with how much council members know about affordable housing. In a deposition that challenges the city’s...

When the state legislature revived the controversial 421a tax abatement in April, it drastically limited the number of exemptions available to condominium developers. And...

SL Green Realty plans to build a mixed-income residential rental tower at 183-187 Broadway under the 421a-successor program, the company announced during its annual...

The Regional Planning Association is calling on the city to make changes to zoning regulations that could add thousands of housing units and to...

The city’s Department of Housing Preservation and Development this week approved a rule change that bars developers receiving 421a from generating off-site inclusionary housing....

UPDATED, Aug. 23, 5:03 p.m.: New York state quietly stopped funding housing projects under the 421a and Affordable New York programs with tax-exempt bonds,...

The city’s refreshed 421a program — now known as Affordable New York — no longer gives locals the chance to apply for affordable units...

Jared Kushner’s habit of not properly filling out paperwork began years before his tenure at the White House. In exchange for receiving a lucrative...

Construction groups are concerned that the city’s implementation of the new 421a doesn’t adequately protect wage requirements on certain projects. As part of the...