“As the housing crisis drags on, New York City cannot afford to lose existing affordable housing to neglect or rely solely on costly new construction to close the gap. A…
"By passing the expanded J-51 proposal in this year’s budget, the governor and legislature have a chance to help co-ops afford the energy upgrades mandated by Local Law 97, keep…
A new version of the heavily criticized expired J-51 property tax incentive is back. Advocates argue it will encourage landlords to renovate apartments and will help them afford the upgrades…
The city’s lawmakers and housing agency seem poised to reintroduce and pass a more affordability-focused J-51 tax program to help fix up apartments—but some housing stakeholders are lukewarm on the…
“The governor and New York State Legislature should begin a process of discarding all property tax abatements that primarily serve the interests of landlords and developers (not tenants), and end…
