End of 421a Tax Break Triggers Hunger Games for NYC Developers therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
J-51, a property tax incentive provided to owners who renovate residential apartment buildings or convert commercial properties, quietly lapsed last June after the City Council did not reauthorize its use.