Latest / Real Estate News Today | 2 Min News | The Daily News Now!
NYC Housing Updates and Safety Alerts | Real Estate News
NYC’s housing scene is heating up with new moves to revive the 421a tax break for developers who missed the original deadline, offering a second chance if they update affordability plans before a key August hearing. Meanwhile, the new pied-à-terre tax for luxury second homes is kicking in — a step toward broader property tax reform, according to Senator Kavanagh, though not a full overhaul. On the public housing front, the city’s new progressive design-build contract is being tested at Hylan Houses, promising smarter, more flexible upgrades — and this will be the fourth such project under the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.