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For the part of the GEA in Manhattan south of 110th Street, the owner had to provide affordable housing in order to get any 421-a tax benefits. For such projects, a ten-year tax exemption could be obtained through building affordable units offsite, via a "negotiable certificate" from the city's Department of Housing Preservation and Development.
This is a list of buildings held by the New York City Housing Authority, a public corporation that provides affordable housing in New York City, U.S. This list is divided geographically by the five boroughs of New York City: Manhattan, the Bronx, Brooklyn, Queens, and Staten Island.
The project, overseen by SHoP Architects and developer Delancey Street Associates (a joint venture of L+M Development Partners, BFC Partners, and Taconic Investment Partners), will build a 60/40 mix of residential and commercial space; create 500 units of permanently affordable housing for low-, moderate-, and middle-income households, and ...
Purchasing a condo can be a more affordable route to homeownership compared to buying a traditional single-family home. The median condo price is still under $300,000 in most major cities, Zoocasa...
It was signed into law in 1955 as the Limited-Profit Housing Companies Law. [2] [3] It was later recodified as article II of the 1961 Private Housing Finance Law.[6] [7] Article II Limited-Profit Housing Companies refer to not-for-profit corporations, whereas article IV Limited Dividend Housing Companies refer to non-Mitchell–Lama affordable housing organized since 1927 as business ...
One Waterline Square contains 272 units, split between 56 condos and 216 rentals. [22] The interiors of the units were designed by Champalimaud Design in either white or natural finishes. [ 24 ] [ 26 ] The building's defining feature is a 12-story, sail-shaped facade extension above the building's entrance in the northeast corner. [ 27 ]
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