Insights

Navigating NYC Affordable Housing: The Future of 421-a

May 11, 2022 – Episode 24
Herrick Does That

Chair of Herrick’s Land Use and Zoning group, Mitch Korbey, and leader of our Real Estate Tax Incentives team, Brett J. Gottlieb, are joined by Basha Gerhards, Senior Vice President of Planning at REBNY and Sean Campion, Senior Research Associate at Citizens Budget Commission to discuss the next steps in the renewal of the 421-a “Affordable New York” law or Governor Hochul’s proposed replacement, 485-w “Affordable Neighborhoods for New Yorkers”. Listen and become more familiar with what “what could be” and possibly “what should be” on the table with respect to pending legislation as lawmakers debate solutions for affordable housing in New York City.

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