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Original post on therealdeal.com

What developers call a penalty, politicians call a reward The real estate industry sees the world entirely differently from politicians. Business people think about economics. Elected officials thi...

#421a #485x #Housing #Policy #New #York #State #Legislature #News #Analysis #YIMBY

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Original post on therealdeal.com

What developers call a penalty, politicians call a reward The real estate industry sees the world entirely differently from politicians. Business people think about economics. Elected officials thi...

#421a #485x #Housing #Policy #New #York #State #Legislature #News #Analysis #Political

Origin […]

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Original post on therealdeal.com

The Daily Dirt: Why new apartments will be larger, costlier New York City apartments built in the near future will be larger than those being completed today — and more expensive. With affordabil...

#421a #485x #485x #tax #break #Affordability #City #of #Yes […]

[Original post on therealdeal.com]

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Original post on therealdeal.com

Departing senator gets failing grade from real estate industry When Brian Kavanagh’s reign as chair of the state Senate’s housing committee ends this year, the real estate industry will celebra...

#421a #Tax #Break #Anti-Squatter #Legislation #Housing […]

[Original post on therealdeal.com]

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Original post on therealdeal.com

Lexin planning 270-unit conversion in Chelsea Where Metin Negrin once saw a sales opportunity, he’s instead embracing the office-to-residential conversion trend. Lexin Capital filed plans to conv...

#229 #West #28th #Street #421a #eligible #75 #Nassau […]

[Original post on therealdeal.com]

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I wondered where all that #Epstein #SexTrafficking cash went !

Foster + Partners completes #NYC supertall skyscraper for #JPMorganChase
270 Park Avenue #Manhattan
🔥 I bet they received that 20+ year #421a ( #485x ) abatement- billions

@zohrankmamdani.bsky.social ?

www.dezeen.com/2025/10/21/2...

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I wondered where all that #Epstein #SexTrafficking cash went !

Foster + Partners completes #NYC supertall skyscraper for #JPMorganChase
270 Park Avenue #Manhattan
🔥 I bet they received that 20+ year #421a ( #485x ) abatement- billions for how long?

www.dezeen.com/2025/10/21/2...

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TikTok video by Nickie Kane for NY

421(a) tax break made sense when it was created. Now its just being exploited by developers to build luxury housing in NYC. The "City of Yes" housing rezoning is just putting it on overdrive.

#NYCPolitics #nycnews #USNews #USPolitics #nyc #AffordableHousingNYC #421a
www.tiktok.com/@nickie.kane...

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it was subsidized.
By you.
For them.

Mamdani wants to end the scam.

That’s not radical.

That’s called waking up.

#421a #Mamdani #TaxTheRich #DSA #LuxuryWelfare #NYPolitics #EndGentrification

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If asking billionaires to chip in like they do across the
river makes you a threat to capitalism, then someone better start calling a DSA

#Mamdani #421a #NYPolitics #TaxTheRich #DSA #Gentrification #LuxuryWelfare

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Let’s stop subsidizing displacement and start investing in people.

#Mamdani #NYPolitics #TaxTheRich #421a #Gentrification #HousingJustice #DSA

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Apartment project filings rise as plans shrink to 99 units Filings for developments of 50 to 99 units surged last quarter as builders seek to avoid the wage floor for the tax abatement 485x.

Apartment project filings rise as plans shrink to 99 units Multifamily project filings in New Yor...

therealdeal.com/new-york/2025/05/21/nyc-...

#421a #485x #Multifamily #Market #News #Analysis

Result Details

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Original post on therealdeal.com

NYC contractors: Tariffs? Schmariffs Tariffs have dominated the headlines and terrified Wall Stre...

therealdeal.com/magazine/may-2025/nyc-co...

#421a #485x #Affordable #Housing #Commercial #Real #Estate #Construction […]

[Original post on therealdeal.com]

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Landlords, rejoice! City to ease re-renting of affordable units Starting May 1, owners of affordable apartments will be able to re-list vacant units on sites other than Housing Connect for one year.

Landlords, rejoice! City to ease re-renting of affordable units In a rare win for both sides of t...

therealdeal.com/new-york/2025/04/25/city...

#421a #Affordable #Housing

Result Details

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Tenants sue Shorewood over alleged 421a violations Residents claim the developer is manipulating rental concessions to skirt the requirements of receiving a tax break for affordable housing.

Tenants sue Shorewood over alleged 421a violations A developer of a Jamaica apartment building is...

therealdeal.com/new-york/2025/01/27/tena...

#421a #Affordable #Housing #Queens #Real #Estate #Lawsuits #Rental #Market

Event Attributes

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🚨 #NewYork #Housing Crisis: A Post-421-a Landscape 🚨

More than two years after the expiration of the #421a tax incentive, #developers and #lawmakers are navigating new territory with the introduction of #485x, passed in late April.

Is 485-x good, or useless?

www.linkedin.com/posts/titlei...

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