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The Incentive Rush to Collapse a Strong Market

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In late 2006, Mayor Michael Bloomberg and a diverse group of city officials, non-profit and for-profit real estate developers, financers, advocates and intermediaries on the task force began reevaluating the city’s 421a tax abatement program for new development.  The abatement program was set to expire June 30th, 2008, whereupon we were not certain that the […]

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Solid Summer in New York Market

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Press Room New York market continues solid summer with closed sales, median price and pending sales up in July Aug 22, 2012 Albany –August 21, 2012 – The New York State housing market continues to build on the solid first half of 2012 as July sales of existing single-family homes, condos and co-ops increased by […]

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