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New York policy

467-m Office-to-Residential Conversion Incentive

Statute · enacted 2024

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Jurisdiction
New York State
Applies to
NYC commercial-to-residential conversion developers
Effective
January 1, 2024

What it requires

Provides tax benefits tied to affordable-housing set-asides for office conversions

housingreal estateeconomic developmentstatuteny-statenypolicy

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