Few big residential projects have been built without the break, known as 421a, which now costs the city $1.77 billion in lost tax revenue every year.
Tag: New York City
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New York Public Library Ends Late Fees, and the Treasures Roll In
The decision by the New York Public Library set off a wave of returns, accompanied by bashful notes of apology and gratitude.
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Modern Love Podcast: Right Swipes, Big City
A young woman with a prosthetic leg navigates dating apps in New York City.
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Tourism Begins to Revive in New York, but Not Among Chinese
Chinese tourists are still barred from traveling abroad. But city officials forecast a 70 percent increase in tourism in 2022, including 8 million visitors from abroad.