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The 421-a tax exemption is a property tax exemption in the U.S. state of New York that is given to real-estate developers for building new multifamily residential housing buildings in New York City. As currently written, the program also focuses on promoting affordable housing in the most densely populated areas of New York City.
Uniform Land Use Review Procedure (ULURP) is a process mandated by the 1975 revision of the New York City Charter that is invoked when a proposed development will affect certain legal protections afforded to the existing area and/or its inhabitants.
The New York City Department of Buildings (DOB) is the department of the New York City government that enforces the city's building codes and zoning regulations, issues building permits, licenses, registers and disciplines certain construction trades, responds to structural emergencies and inspects over 1,000,000 new and existing buildings.
The 1975 revision of the New York City (NYC) Charter set the number of Community Districts/Boards to 59, established the position of the district manager for the community districts, and created the Uniform Land Use Review Procedure (ULURP) (pronounced "you-lurp") which gave the community boards the authority to review land use proposals such ...
Privately owned public spaces (POPS) in New York City were introduced in the 1961 Zoning Resolution. The city offers zoning concessions to commercial and residential developers in exchange for a variety of spaces accessible and usable for the public. There are over 590 POPS at over 380 buildings in New York City and are found principally in Manhattan. Spaces range from extended sidewalks to ...
A long-closed plot of land under the Brooklyn Bridge has reopened to the public after 15 years — restoring another slice of greenspace for one of the city’s most crowded neighborhoods.
Borough, Block, and Lot (also called Borough/Block/Lot or BBL) is the parcel number system used to identify each unit of real estate in New York City for numerous city purposes. It consists of three numbers, separated by slashes: the borough , which is 1 digit; the block number, which is up to 5 digits; and the lot number, which is up to 4 digits.
Earned Income Tax Credit. In the 2021 tax year, eligible taxpayers with no children received an enhanced EITC of $1,500. This tax year, that amount drops back down to $500. Child and Dependent ...
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