Hochul outlines replacement for New York’s expiring 421-a tax break program

Jan 20, 2022 |

Billionaires’ Row. Photo: © 6sqft As part of her State of the State address delivered earlier this month, Gov. Kathy Hochul promised to replace the 421-a tax abatement program with a new “effective” credit. Set to expire in June, 421-a gives New York real estate developers who construct new residential buildings a property tax exemption in […more]

Posted in: New York

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