The new tax break 485x aims to make projects like a stalled $2 billion Astoria development possible. Does it? Under the program, wages and benefits for construction workers at Innovation QNS must be ...
The tax exemption known as 421a expired in 2022. A fight over its replacement, called 485x, could have major implications for the city’s future. By Mihir Zaveri Nearly every debate about New York’s ...
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