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NY Developers Are Deer In Headlights Amid 421-A Uncertainty

By Andrew McIntyre (March 23, 2016, 5:01 PM EDT) -- New York multifamily developers are cautiously waiting to see if the 421-a tax abatement program that ended in January might come back, and at present, little development is happening since site sellers haven't lowered their prices and buyers can no longer pay the high rates they could before, lawyers say....

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