421-a Archives - Page 3 of 5

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There’s no question 421a has fueled development—nearly 117,00 units built since 2010 have qualified for the abatement. But over the past two years, the vast majority of income-restricted units were…

ByDavid Brand 0Comments

08

Mar 2022

Economy Government Housing and Homelessness Opinion

Opinion: 421-a Has Benefited Tens of Thousands of New Yorkers. That’s Why We Should Pass Hochul’s Replacement.

“The governor’s bill maintains many of the core aspects of 421-a that have been vital to our city’s economic success and is a positive first step.”

ByBrett Gottlieb 2Comments

06

Jan 2022

Economy Government Housing and Homelessness News Politics

Hochul Takes on 421-a. Will It Be a Rebrand of the Existing Developer 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…

ByDavid Brand 3Comments

23

Oct 2017

Housing and Homelessness

With 421-a Maneuver, Pacific Park Developer Could Save Buyers $50 Million More in Taxes

To sell 550 Vanderbilt luxury condos, they’d piggyback onto affordable building well down the block.

ByNorman Oder 5Comments

24

Jul 2017

Opinion

CampaignViews: In Defense of 421-a and Housing for the Middle Class

‘ While I applaud the larger conversation taking place around homelessness in New York City and how to prevent it, we need to broaden the discussion to include citizens who…

ByHeidi Burkhart 1Comment

13

Apr 2017

Housing and Homelessness Video

360° Video: When the Local Supermarket Becomes a Luxury Tower

It’s just one parcel in a city undergoing dramatic development. But here is the view from the Lower East Side on what the departure of a neighborhood supermarket means.

ByZach Williams 4Comments

10

Apr 2017

Housing and Homelessness

UrbaNerd: Understanding the Latest Changes to 421-a

Er, we mean the ‘Affordable New York Housing Program,’ of course.

ByJarrett Murphy 0Comments

09

Dec 2016

Housing and Homelessness

Five Big Questions About the 421-a Tax Break Deal

Legislators largely from outside the city are about to spend our local tax dollars on a plan hatched by developers and unions. And that’s not the weirdest part.

ByJarrett Murphy 1Comment

02

Dec 2016

Housing and Homelessness Podcasts

Max & Murphy on Housing: Love, Hate and the 421-a Deal

Plus, talk of the landlord crackdown, new money for public housing, smoking and the latest on proposed rezonings.

ByJarrett Murphy 0Comments

11

Nov 2016

Uncategorized

Assembly Must Weigh in on Developer-Union Deal to Revive 421-a Tax Break

certain 421-a buildings in Manhattan would pay on average an hourly wage of $60, including wages and benefits, for construction workers while those in Brooklyn and Queens would pay $45.

ByJarrett Murphy 0Comments

Albany Poised for 421a Showdown as Budget Deadline Looms

Opinion: 421-a Has Benefited Tens of Thousands of New Yorkers. That’s Why We Should Pass Hochul’s Replacement.

Hochul Takes on 421-a. Will It Be a Rebrand of the Existing Developer Tax Break?

With 421-a Maneuver, Pacific Park Developer Could Save Buyers $50 Million More in Taxes

CampaignViews: In Defense of 421-a and Housing for the Middle Class

360° Video: When the Local Supermarket Becomes a Luxury Tower

UrbaNerd: Understanding the Latest Changes to 421-a

Five Big Questions About the 421-a Tax Break Deal

Max & Murphy on Housing: Love, Hate and the 421-a Deal

Assembly Must Weigh in on Developer-Union Deal to Revive 421-a Tax Break

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