Adi Talwar
A view of 535 Carlton Avenue (right of frame) and 550 Vanderbilt Avenue (left of frame) from Atlantic Avenue in Brooklyn. The developer wants to treat them as part of the same zoning lot in order to enjoy a bigger tax break.
In her State of the State plan, the governor pitched “a different kind of abatement program” to replace 421-a, which critics see as a developer-friendly policy that siphons nearly $2 billion per year from the municipal property tax pool.
Adams stressed unity in her first speech as City Council’s new leader, saying the legislative body—the most diverse in the city’s history—would prioritize addressing the pandemic, including the recent shortage of tests and booster appointments, as well as public safety, healthcare equity and affordable child care.
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