Steven Polivy

Steven Polivy

Akerman LLP

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New York City’s Industrial and Commercial Real Estate Tax Abatement Program Extended to 2029

New York Governor Kathy Hochul signed the bill on extending the Industrial and Commercial Abatement Program (ICAP) for an additional four years, to March 1, 2029, with no modifications to the program....more

10/1/2024  /  Construction Project , Economic Development , New York , Property Tax , Real Estate Development , Renovations , Tax Abatement , Urban Planning & Development

Termination of NYC Housing Preservation and Development’s Privately Financed Affordable Senior Housing

At the end of 2020, The Department of Housing Preservation and Development (HPD) announced that they will be rescinding the Privately Financed Affordable Senior Housing (PFASH) Term Sheet originally issued on July 18, 2019,...more

3/3/2021  /  Affordable Housing , Baby Boomers , Community Development , Elder Issues , Housing Market , Real Estate Development , Senior Housing , State and Local Government , Urban Planning & Development

Termination of NYC Housing Preservation and Development's Privately Financed Affordable Senior Housing

At the end of 2020, The Department of Housing Preservation and Development (HPD) announced that they will be rescinding the Privately Financed Affordable Senior Housing (PFASH) Term Sheet originally issued on July 18, 2019,...more

2/12/2021  /  Affordable Housing , Baby Boomers , Elder Issues , Financing , Housing Market , Real Estate Development , Rental Property , Senior Housing , Urban Planning & Development
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