NYC Government Publication

Without action from state lawmakers last week, the 421-a tax exemption will expire on June 15, 2022. However, even if the program is not renewed in a future session, it will continue to cost the city property tax revenue for years to come.

Sub title

• New York City by The Numbers

Agency

• Independent Budget Office, NYC (IBO)

Subject

• Taxation - Exemption from
• Taxation - Real Property

Report type

• Reports - Other (Consultant/Staff)

Date published

• 2022-06-06

Language

• English

Calendar year

• 2022

Required Report Name

• Not Required

Items

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	how-much-will-421-a-continue-to-cost-new-york-city-after-its-expiration-nycbtn-june-2022.pdf	2022-06-06	Download