The importance of real estate tax incentives in New York City are widely understood across the housing and urban planning industry. However, as New York City’s need for real estate tax revenue increases, the benefits of tax exemption programs are subject to increasing scrutiny.
Following an extensive survey and an expert panel discussion that took place in November, CHPC has now completed an in-depth report examining the future of real estate tax incentives, funded by Enterprise Community Partners. It sets out next steps for such programs and a way forward for the most effective use of these tax exemptions in… Read more...
