421-a tax break will continue to cost NYC revenue for decades after it expires, report finds

Jun 7, 2022 |

Photo by Patrick Tomasso on Unsplash The 421-a tax abatement program, which gives real estate developers who construct new residential buildings a property tax exemption in exchange for designating a portion of the homes affordable, will expire on June 15 after state lawmakers last week did not renew it during the final day of this year’s legislative […more]

Posted in: New York

Comments are closed.