Committee on Housing and Buildings
TL;DR
The Committee on Housing and Buildings introduced a new local law that would provide tax breaks for owners of apartment buildings who make alterations and improvements to their properties. The proposal aims to incentivize building upgrades and maintenance in New York City's residential stock.
Key Decisions
- Introduction of Local Law on Tax Abatement for Building Improvements Introduced
Agenda
- Int 1015-2026 A Local Law to amend the administrative code of the city of New York, in relation to abatement of taxation for alterations and improvements to certain multiple dwellingsIntroduction