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The 421-a tax exemption is a property tax exemption in the U.S. state of New York that is given to real-estate developers for building new multifamily residential housing buildings in New York City. As currently written, the program also focuses on promoting affordable housing in the most densely populated areas of New York City. The exemption ...
Real estate developers have enjoyed a tax exemption called 421a for the last five years which has facilitated building in New York City through the coronavirus pandemic and the resulting worst real...
For example, New York state has several such programs. In conjunction with the proposal to build a West Side Stadium in New York City for use by the New York Jets, there was controversy over the proposal by the Mayor, Michael Bloomberg, to use PILOT money from the Jets to help finance the project rather than applying it to other municipal ...
The West Village Houses are a collection of 42 walk-up buildings in New York City's West Village that contain 420 apartments. They were built with the support of New York City and New York State through its Mitchell-Lama Housing Program. They were championed by Jane Jacobs and intended to be built on a human scale in keeping with her ideals.
Inch & Co. is seeking a tax exemption from the Central York School District for its planned $38.5 million sports complex, but the board has turned down the company's request.
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