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NorthStarSpanx's avatar

The Cabinet of DeplorablesThe West Wing Staff of DeplorablesThe #tcot Patriot Alt-Christian Age of DeplorableSwamp for Dummies

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Let's assume that several Trump holdings in NYC get the 421-a tax break, they are required to register as rent-regulated apartments with the city — but an investigation by ProPublica last year found that nearly 2/3rds of landlords had not filed the required paperwork. Quell surprise. They are intentionally NOT renting to Section 8 applicants even with a 25 year tax break.

They receive part of the property tax break that cost the city an estimated $1.4 billion in 2016 alone. Say, that is a lot of public safety or other city services that aren't funded.

Lizzie's question is absolutely within bounds, and these fakakta tax breaks for developers and landlords really need serious reform.

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