Discouraged by 421-a Changes, Developers Sell Sites (Real Estate Developers are Discouraged by Tax Abatement Policy)
The Real Deal 2008, June 2
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Publisher Description
Byline: Sarah Ryley While many developers have been racing to get started on projects before changes in the 421-a tax abatement take effect, another group has thrown in the towel, tripped up by the deadline and the faltering economy. As a result, dozens of development sites with approved plans for condominiums are on the market all over the city.
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