421a


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HPD suspends 421a for more than 1,700 properties. Here’s who got hit the hardest

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

No 421a? Williamsburg developer foots tax bill anyway

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

Alicia Glen calls council members “not that smart” about affordable housing

Deputy Mayor Alicia Glen is not very impressed with how much council members know about affordable housing. In a...

Are you a condo developer? Do you want a tax exemption? HPD says you better sell all your units first

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 to build FiDi rental under Affordable New York program

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

RPA: Pied-à-terre tax, zoning changes could add thousands of homes to city

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

HPD approves rule change restricting inclusionary housing projects

The city’s Department of Housing Preservation and Development this week approved a rule change that bars developers receiving 421a...

New York state quietly stopped funding a key affordable housing program

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

New 421a program no longer gives locals a head start on affordable housing lotteries

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

Inside Kushner Companies’ murky relationship with rent stabilization

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

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