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421a

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421a

Rob Speyer, John Banks and Gov. Andrew Cuomo.

Does Cuomo Have the Answer to 421a?

So long 421a. Hello “Affordable New York.”
By Terence Cullen
Rob Speyer, left, and Gary LaBarbera

421a Battle Ends as REBNY, Unions Strike Extension Deal

The 10-month expiration of the 421a tax abatement has expired.
By Terence Cullen
Andrew Cuomo killed 421a.

A Housing Incentive Has Died. Are Andrew Cuomo’s Fingerprints on the Murder Weapon?

An aide to Gov. Andrew Cuomo recently—and without much solicitation—rambled that his boss was one of the most successful executives in the history of New York State. He gets things done, the aide said.
By Terence Cullen
Gov. Andrew Cuomo.

Cuomo Floats New 421a Rules as Building Permits Slip in Manhattan and Brooklyn

By Terence Cullen
Mayor Bill de Blasio and his allies.

De Blasio Administration Now Says It Can Hit Its Housing Goals Without 421a

By Will Bredderman
REBNY President John Banks.

Independence Party Backs 421a Substitute as Sun Sets on Albany Session

By Terence Cullen
Mayor Bill de Blasio in Albany.

De Blasio Warns of Return of ‘Chaos and Corruption’ as Clock Ticks in Albany

By Will Bredderman
Mayor Bill de Blasio rallies for his affordable housing plan.

De Blasio Pleads With Affordable Housing Developers to Help Revive 421a

By Will Bredderman
REBNY President John Banks.

REBNY Head Says Albany Shot Down Deal With Unions on 421a

By Will Bredderman
Bellevue Hospital.

Bill de Blasio Suggests Building Housing on NYC Hospital Land

By Will Bredderman
Mayor Bill de Blasio, New York City First Lady Chirlane McCray, United States Secretary of Housing and Urban Development Julián Castro and City Council Speaker Melissa Mark-Viverito lead a rally in Foley Square in Manhattan to celebrate the passage of the housing legislation.

Not Home Safe Yet—de Blasio Still Faces Uphill Battle on Housing Plan

By Will Bredderman
NYCHA buildings. (Photo: New York City Housing Authority)

Could Building on NYCHA Land Save de Blasio’s Affordable Housing Plan?

By Will Bredderman
Gov. Andrew Cuomo.

Cuomo Warns Compromise on New 421a Program Would Be ‘Political Dynamite’

By Will Bredderman
The battle over the 421a tax credit. (Illustration: Russ Tudor).

The Real Estate Community Is Scrambling to Get the Lapsed 421a Tax Break Back

By Tobias Salinger
Mayor Bill de Blasio unveiling his affordable housing plan. (Photo: Ed Reed for Office of Mayor Bill de Blasio)

Cuomo and de Blasio Lament the Collapse of 421a Tax Break

By Jillian Jorgensen and Will Bredderman
Workers on a building under construction.

No Deal on Prized 421a Real Estate Tax Credit

By Will Bredderman
A man unfurls the American flag on the first anniversary of 9/11 (Photo: Justin Sullivan for Getty Images)

Next Week/This Week: New York Values

By Observer Politics Team
Sheldon Silver. (Illustration by Jason Seiler)

How Sheldon Silver Became a Convicted Felon Thanks to Shady Real Estate Relationships

By Jillian Jorgensen
Mayor Bill de Blasio with his housing team (Photo: Will Bredderman for Observer).

Bill de Blasio Won’t Say How His Housing Plan Will Go Forward if 421a Expires

By Will Bredderman
Workers on a building under construction.

Labor Launches New Ad Campaign to Bolster Case for Union Construction

By Will Bredderman
Assemblywoman Rodneyse Bichotte.

Legislators Want Controversial Tax Credit to Include Women and Minority-Owned Firms

By Will Bredderman
Former State Senate Majority Leader Dean Skelos. (Photo: Facebook)

Defense Tries to Undercut Key Witness in Ex-Senate Leader’s Case

By Will Bredderman
Senate Majority Leader Dean Skelos (Photo: Matthew Cavanaugh for Getty Images)

‘He Was Going to F Them’: Real Estate Big Testifies on Skelos Pressure Tactics

By Will Bredderman
Housing Preservation and Development Commissioner Vicki Been.

De Blasio Housing Commissioner to Critics: ‘You Don’t Stop Development’

By Will Bredderman
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