Eric Schneiderman

No Comments

Rent-Stabilized Apartments Back on the Market After Crackdown on 421-a Non-Compliance

A protestor at a rally at the Great Hall at Cooper Union this past summer. (Photo Sam Gillette)

A protestor at a rally at the Great Hall at Cooper Union in June 2015. (Photo by Sam Gillette)

City and state government officials are cracking down on landlords who collect tax benefits for affordable housing incentives but don’t follow through on their obligations. This practice was one of the major criticisms of the 421-a tax incentive leveled by activists and city leaders in favor of repealing the rent laws that governed the incentive when they were up for renewal over the summer.

Keep Reading »