Saturday, May 23, 2015

NYC nonprofit groups say they are fighting to end 421a tax breaks. Can we believe them ?

421a tax breaks

With about three weeks to go before the New York State legislature decides what to do with the 421-a tax breaks for developers, which are set to expire on June 15, government reform activists are waiting to see if an array of nonprofit groups advocating for an end to the scandal-tarnished tax abatement program will stay true to their word.