The Real Deal New York State’s effort to revive the 421-a tax incentive program for apartment properties has stalled over disagreements involving construction worker wage requirements. The subsidy program had provided tax abatements for properties that met certain affordable-housing criteria. It had expired in 2016 and was reinstituted as the Affordable New York program. But […]
The post Plan to Revive N.Y.’s Property Tax Abatement Program Stalls appeared first on Commercial Real Estate Direct.
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