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421-a tax exemption. 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 ...
Mitchell–Lama Housing Program. The Mitchell–Lama Housing Program is a non-subsidy governmental housing guarantee in the state of New York. It was sponsored by New York State Senator MacNeil Mitchell and Assemblyman Alfred A. Lama. It was signed into law in 1955 as The Limited-Profit Housing Companies Act (now officially contained in 1962 ...
Coordinates: 40.705°N 73.947°W. Lindsay Park is a housing cooperative located in the East Williamsburg neighborhood of Brooklyn in New York City. The cooperative is part of the Mitchell-Lama Housing Program, through which the state of New York grants it tax exemptions to maintain affordability. [1] With 2702 units, it is the largest Mitchell ...
Belaire Apartments in 2006 after a fire, caused by a plane crash, was extinguished. Belaire Apartments (also known as the Belaire Condominiums and The Belaire) is a mixed-use high-rise condominium apartment building in Manhattan, New York City. The 42-story [1] building is located at 524 East 72nd Street between York Avenue and the FDR Drive.
Manhattan Plaza is a large federally subsidized residential complex of 46 floors and 428 feet (130 m) [1] at 400 and 484 West 43rd Street in midtown Manhattan, New York City. Opened in 1977, [2] it has 1,689 units [3] and about 3,500 tenants. Under its Section 8 federal funding, it is mandated to maintain 70% of the tenants from the performing ...
Albany, New York. Median condo price: $260,000 8% down payment: $20,800 Median household income: $77,049 Months of income the down payment represents: 3.2 months Trending: 8 States To Move to If ...
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