421-a tax exemption
id:
421-a-tax-exemption-255-687936
title:
421-a tax exemption
text:
The 421-a tax exemption is a property tax exemption in the U.S. state of New York that is given to real-estate developers for building new multifamily residential housing buildings in New York City. As currently written, the program also focuses on promoting affordable housing in the most densely populated areas of New York City. The exemption is granted for any buildings that add multiple new residential units, and typically lasts for 15 to 25 years after the building is completed. Longer exem
brand slug:
wiki
category slug:
encyclopedia
description:
Property tax exemption in the U.S. state of New York
original url:
https://en.wikipedia.org/wiki/421-a_tax_exemption
date created:
date modified:
2024-04-23T22:10:22Z
main entity:
{"identifier":"Q30688329","url":"https://www.wikidata.org/entity/Q30688329"}
image:
fields total:
13
integrity:
14