Tag: 421a
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New York Planning Chief Dan Garodnick On Housing, Zoning and More – Commercial Observer
Dan Garodnick had a nice, stable job running the Riverside Park Conservancy after a dozen years painstakingly crafting Midtown zoning plans and responding to constituent concerns as a City Council member representing Manhattan’s East Side. But this winter Garodnick traded in tranquil afternoons with tulip beds when Mayor Eric Adams appointed him a director of ... -
New York’s 421a Tax Abatement Is Dead. Now What? – Commercial Observer
On the day when a lucrative tax subsidy for New York City developers finally lapsed, real estate stakeholders and state lawmakers remained far apart on its need (or effectiveness) for solving the city’s housing crisis. Several property owners spent the past few months in a mad dash to break ground on foundations for new rental ...