2024 New York Housing Deal Explained: Insights from Seiden & Schein, P.C.

Join us for the in-depth presentations by Jason Hershkowitz, head of the Tax Incentives Group, and Alvin Schein, one of the founders, of the boutique Manhattan real estate law firm Seiden & Schein, P.C.

Jason and Alvin break down some of the key elements of the 2024 NY Housing Deal, including the replacement for the 421-a real estate tax exemption, known as 485-x, and other critical updates.

Topics Covered:

485-x: Affordable Neighborhoods for New Yorkers: Learn about the new tax incentive program replacing 421-a, including its eligibility criteria, benefits, and requirements.

421-a Extension: Details on the extended deadlines and new requirements for projects under the old 421-a program.

Conversion Program (Section 467M): How office-to-residential conversions can benefit from new tax exemptions.

Statewide Benefit Programs: An overview of 421P and 421PP, which aim to encourage affordable housing development outside NYC.

Good Cause Eviction: Understand the implications of this new legislation on landlords and tenants, including rent increase limits and renewal lease requirements.

This video is essential for developers, real estate professionals, and anyone interested in New York’s housing policies and tax incentives.

🔔 Don’t forget to subscribe for more updates and insights!

Скачать видео