Extensive Construction in Gowanus Forecasts a Very Different Neighborhood Ahead
Gowanus, an industrial and low-lying neighborhood, has been undergoing a sudden and sweeping transfo...
Tag: 421-a
State Workaround for Expired Tax Break Will Let Thousands of Pricey Units Proceed in Gowanus
By Gabriele Holtermann, Brooklyn Paper As New York City faces the worst housing crisis in over 50...
Adams and Hochul Hack Tax Break Impasse to Spur New Housing
Greg David, The City This article was originally published on Sep 29 5:00am EDT by THE CITY ...
What Is Affordable Housing?
Affordable housing is often defined as housing that costs 30 percent or less of a household's income...
Will the Mayors Affordable Housing Plans Save New York City or Destroy It?
Mayor Eric Adams’ proposals to tackle New York City’s affordable housing crisis have been lauded...
Mayor Adams Cites Need for 421-a Tax Break Replacement to Create Affordable Housing
Mayor Eric Adams’ plan to create more “affordable” housing by converting unused office spaces ...
Bushwick Landlords Accused of Exploiting 421-a, Overcharging Tenants Face Prosecution
Prosecutors announced that Brooklyn real estate developers were indicted for allegedly defrauding th...
Unexpected Pile Driving on Site Along Gowanus Canal Leaves Officials Scrambling for Answers
A group of elected officials are raising the alarm about potentially hazardous construction on a tox...
Pols, Advocates Wrangle Over Future of 421-a Tax Break for Development, ‘Affordable’ Housing
As the state legislature and Governor Kathy Hochul negotiate the state budget before an April 1 dead...
Brooklyn Development Frenzy Likely to Resume as Lawmakers Pass 421-a Tax Break
It looks like Brooklyn's development boom will resume soon. More than a year after it expired, th...
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