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Economic Development › New York › Real Estate Development

Farrell Fritz, P.C.

Tax Incentives Aim to Drive Real Estate Development Forward

Farrell Fritz, P.C. on

It has long been an accepted reality that very little real estate development gets done in New York State without the help of a myriad of tax incentive packages handed out by state and local governments—and the entities that...more

Akerman LLP

New York’s 421-a (16) Program Extension

Akerman LLP on

To address the ongoing need for affordable housing in New York, Governor Hochul and the state legislature have passed additional incentives to spur affordable housing development....more

Rivkin Radler LLP

LIBN Op-Ed — Sewers: Good for the Environment, Good for the Economy

Rivkin Radler LLP on

Not often is a policy initiative good for both the environment and business. Sewer expansion is one of those initiatives. The development of sewer systems in Suffolk County would not only reduce health-harming nitrogen levels...more

Cozen O'Connor

NYC Mayor Adams Launches Extensive Zoning Initiative to Promote Residential Development

Cozen O'Connor on

On September 21, 2023, the Adams administration revealed details for the third of three City of Yes zoning initiatives, City of Yes for Housing Opportunity. In line with Mayor Adams’ moonshot goal of providing 500,000 new...more

Akerman LLP

Extension of Incentive Programs in New York State’s 2024 Budget

Akerman LLP on

On May 1, 2023, the New York State Legislature voted to adopt the Fiscal Year 2024 budget which included the renewal and extension of the sunset date of five programs that abate real estate taxes, reduce commercial rent tax,...more

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