01/20/2022 – Brett J. Gottlieb, Special Counsel of Herrick, Feinstein LLP, presented “421-a Partial Tax Exemption Program – An Update” to members via ZOOM on Thursday, January 20, 2022. This was an in-depth look at the NYC property tax program for eligible newly constructed buildings, and its current iteration, Affordable New York (421-a(16)). Additional topics included the NYC Industrial Commercial Abatement Program (ICAP) Process for property taxes, and Mandatory Inclusionary Housing (MIH) under the New York City Zoning Resolution.
