Deals & Dealmakers
REBNY, unions remain “far apart” on 421a deal
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Almost four months after the expiration of the 421a tax break, real estate representatives and labor unions are starting to forego civility, trading barbs
Deals & Dealmakers
Cuomo vows to veto 421a bill with no union labor provisions
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Governor Andrew Cuomo has vowed to veto any 421a legislation that does not include protections for union labor. In a speech during the Building and Construction
Featured
Who still has tax savings as the sun sets on 421a abatement?
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The days of 421a are gone — but there are still new developments able to offer the lucrative tax in the city. The 421a program, first created in 1971 to
Deals & Dealmakers
Brooklyn market expected to dip as 421-a tax program expires
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Commercial property sales in Brooklyn were incredibly robust in 2015, rising to around $9.5 billion in total dollar volume, according to one market study
Deals & Dealmakers
REBNY, Building Trades reach deal for 421a extension
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The Building and Construction Trades Council of Greater New York and the Real Estate Board of New York have reached an agreement to extend the lapsed 421-a
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City yanks 421a benefit from 1,700 property owners
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Jun 13, 2018 • 0 • 0
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Cuomo vows to veto 421a bill with no union labor provisions
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Christian Brazil Bautista 0 Likes 2 Comments Print Governor Andrew Cuomo has vowed to veto any 421a legislation that does not include protections for union labor.
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REBNY, Building Trades reach deal for 421a extension
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Christian Brazil Bautista 0 Likes 0 Comments Print The Building and Construction Trades Council of Greater New York and the Real Estate Board of New York
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State lawmakers revive 421a tax break
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Christian Brazil Bautista 0 Likes 0 Comments Print The New York State Legislature has revived the 421a tax abatement program, ending a stand-off that has
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City threatens to suspend 421-a benefits for 3,103 rental buildings
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REW 0 Likes 0 Comments Print The city’s Department of Finance has sent letters notifying owners of 3,103 rental buildings, with 37,141 apartments
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City cracking down on 421a abuses as new program kicks in
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Holly Dutton 0 Likes 0 Comments Print Two weeks after the 421a tax program was resuscitated when the Real Estate Board of New York (REBNY) and the Building &
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Future of NYC affordable housing bleak without 421a
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REW 0 Likes 0 Comments Print By REBNY President John Banks New York City received some good news this past week. Mayor de Blasio announced that during