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485x Guide

485x Guide

: Developers have until June 15, 2034 , to commence construction, with a completion deadline of June 15, 2038 .

New York City’s skyline is perpetually under construction, but the rules governing how those buildings get built just underwent a massive shift. With the expiration of the long-standing 421-a program, the city has introduced , also known as the Affordable Neighborhoods for New Yorkers (ANNY) incentive. : Developers have until June 15, 2034 ,

The New Era of NYC Housing: A Deep Dive into the 485-x Tax Incentive : Developers have until June 15