As predicted, discontinuing the 421a Tax Incentive program pushed residential new building permits down in 2016. But there is hope on the horizon. In...
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According to a press release from the New York Building Congress, residential projects are driving construction spending in NYC to reach an all-time...
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Overview of NYC’s Existing Inclusionary Housing Programs
The purpose of NYC’s existing Inclusionary Housing Program (IHP) is to encourage the...
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Two State bills—Senate Bill 5469 and Assembly Bill 7807—proposed to lift the Multiple Dwelling Law’s (MDL) cap on residential FAR for buildings with...
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