From left: Martin Nussbaum, Ofer Cohen and David von Spreckelsen
UPDATED, June 16, 7:24 p.m.: Brooklyn rental projects that did not yet secure a 421a tax abatement are stranded in a precarious position, but condo projects will be only marginally affected.
That was the consensus Tuesday among some of Brooklyn’s biggest residential players in the wake of the New York State legislature’s failure to renew the 421a tax abatement. (more…)
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