Affordable Housing

88-92 Linden Boulevard 2

Developers Worry About Building Condos Without 421-a

As the clock ticks down to the state’s 421-a renewal deadline on June 15, developers are wondering how they’ll fare if condos no longer qualify for the tax abatement. Companies building lower cost apartments on the fringes of the city will likely be the hardest hit, since the tax break helps attract buyers to less desirable neighborhoods.

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437 Herkimer Street

Supportive Housing at 437 Herkimer Street Wraps Up Construction in Bed-Stuy

The six-story, 53-unit supportive housing development at 437 Herkimer Street, in southern Bedford-Stuyvesant, is wrapping up construction and expected to open this summer, DNAinfo reports. The affordable housing group The Bridge will service the complex, and the building will feature solar panels on the roof and a wide range of amenities for its tenants.





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