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421-a tax exemption. The 421-a tax exemption is a property tax exemption in the U.S. state of New York that is given to real-estate developers for building new multifamily residential housing buildings in New York City. As currently written, the program also focuses on promoting affordable housing in the most densely populated areas of New York ...
Rent regulation in New York. Rent regulation in New York is a means of limiting the amount of rent charged on dwellings. Rent control and rent stabilization are two programs used in parts of New York state (and other jurisdictions). In addition to controlling rent, the system also prescribes rights and obligations for tenants and landlords.
New York City 559,978 [40] 37 Target, BJ's Wholesale Club, Best Buy, Marshalls 2010 [41] ShopCore Properties 10 East River Plaza*** Manhattan, New York: New York City 527,000 15 Target, Costco, Burlington November 12, 2009 Forest City Ratner 11 Queens Place Mall** Queens, New York: New York City 440,000 square feet (41,000 m 2) 15 Best Buy, DSW ...
A commercial office/retail building. Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. [1] Commercial property includes office buildings, medical centers, hotels, malls, retail stores ...
In the United States, rent control refers to laws or ordinances that set price controls on the rent of residential housing to function as a price ceiling. [1] More loosely, "rent control" describes several types of price control: "strict price ceilings", also known as " rent freeze " systems, or " absolute " or " first generation " rent ...
The construction of below-ground utility relocations, footings, and foundations for the new building began on April 27, 2006. One World Trade Center became the tallest structure in New York City on April 30, 2012, when it surpassed the height of the Empire State Building. The tower's steel structure was topped out on August 30, 2012.
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