On April 20, 2024, as part of the annual Budget Bill, New York State enacted a new tax break program to incentivize affordable housing development in New York City. The new "485-x" program, which replaces...
Landlord sued HPD after HPD denied landlord's application for a Certificate of Eligibility and Reasonable Cost for J-51 tax benefits in 2022. Landlord had applied for J-51 benefits based on rehabilitation of its...
Trump Village, a Brooklyn housing development since 1961, left the Mitchell-Lama program in 2007 to become a private cooperative building by paying the mortgage, dissolving, and then reforming as a...
Landlord sued the NYC Tax Commission to challenge the assessed valuation of its building for the tax years 2009/10 and 2010/11. Landlord claimed that the valuations of the property for those years were excessive. The...
Trump Village, a Brooklyn housing development since 1961, left the Mitchell-Lama program in 2007 to become a private cooperative building by paying the mortgage, dissolving, and then reforming as a...
