A Review of Ideas to Revive the Market
The Real Deal has published an article that looks at 8 ideas (4 good, 4 bad) whose goal is to get the NYC real estate world back on its feet.
Some notables in the good ideas column: (more…)
Archive for the ‘Financing’ Category
The 421-a Program: Market-Based Changes
The 421-a residential tax exemption program, which provides a significant real estate tax exemption for new residential construction projects, requires that buildings receiving the tax exemption must complete construction without “undue delay” – defined as within 36 months for the majority of projects. (more…)
