421-a Countdown Has Developers Jittery over Future Plans

November 25, 2014 – Media Mention
Real Estate Weekly

Jennifer Dickson was quoted in a Real Estate Weekly story about a panel discussion that Herrick hosted with Assemblyman Keith Wright, Chair of the New York State Assembly Committee on Housing, on the future of the 421-a affordable housing tax incentive. "I think it's a very important program, it is something that's been used historically with much of the new residential development that occurred in the city, so I think it's important to continue," Dickson said. "If the program is not continued it is certainly possible that there will be at least a pause in development where people have to take stock of the situation."