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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. The exemption ...
HARLEM, Manhattan (PIX11) – A new affordable housing lottery is open for an apartment building in Harlem. The affordable housing lottery is for Ray Harlem, a building located at 2035 5th Ave ...
Yonkers, New York Nestled alongside the Hudson River in Westchester County, Yonkers offers a more affordable cost-of-living alternative to Manhattan. The average price for an apartment is $2,145 ...
Waterline Square is a 5-acre (2.0 ha), $2.3 billion luxury condominium and rental development near the Hudson River on the Upper West Side of Manhattan in New York City. The complex includes three residential towers with 1,132 units and 3 acres (1.2 ha) of park, along with 100,000 square feet (9,300 m 2 ) of amenity space.
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.[7] [8] 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 ...
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 ...
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