Depending on whom you ask, the 421-a tax exemption is an inexcusable boondoggle, an indispensable economic engine or a flawed but useful tool that can be salvaged. Let’s start simply:…
The mayor’s reforms would result in more income-targeted units but, critics say, will do little to address the fundamental flaws with the costly tax break.
For months now discussion of the details of rent-regulation renewal has been set aside until “after the budget.” Word that the framework of a budget deal is in place in…
