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With the clock ticking toward its expiration, calls to save or scrap the 421-a tax exemption are growing louder and more varied. Among those who want to preserve it, there’s disagreement about whether to require that projects receiving the benefits pay prevailing wages to the people who build the buildings. Now comes a bid to add an element to the program to counteract discrimination against minority- and women-owned businesses.
How does this affect you? Advocates and experts could list the ways, and the list would be long. Let’s say, however, you want specifics–like whether your building or one near you is getting the oh-so-controversial tax break.
You can search using this tool from the Department of Finance to search by address or block and lot.
Or you can scan lists of affected properties in the Bronx, Brooklyn, Manhattan, Queens or Staten Island. (Those links open Excel files; if you prefer pdfs, please go here.)
3 Comments
native new yorker
Very nice, surprised at the buildings getting the break in my SI neighborhood.
Williamsburg resident
Great information. I would really like to know why all those buildings in North, South and East Williamsburg need a tax break. We have no money for adult learning? Stop the needless tax breaks. Williamsburg is a vibrant community, where gentrification is out of control and affordable housing is impossible to find.
Sams
In NYC I’m a broke and practically a homeless bum who is over educated and underemployed. But I was born in this rats nest which has intentionally designed difficulty. With in 60 miles in any direction I have the ability to purchase a whole city block but in this ratty city where I was born I can’t even get a place. The city council will continue to give developers land for free with 100 year leases with 25 year abatements which includes abatements for million dollar condos. For incomes above $30k where as the proverty line is $16K which many people believe it or not make less then $8500 a year. So that’s it. I’ve out grown this boring pair of dirty old worn out shoes called New York and I will head for the South West were people still say good morning instead of displaying Madison Avenue style idiotic gains of status. I’m caught between this nonsense living here. I’ve Been there done it. I’m finished, I’m out, You can all keep this Gilded Toilet.