Looks like these real estate developers have been robbing the city of millions of dollars while avoiding BILLIONS in tax breaks. They only offered up a measly 44 affordable apartments in eight years.
This 421a tax break should be eradicated. How shameful.
You must be unfamiliar with how often landlords get away with illegal rent increases. Most of the time the people these landlords are stealing from don't even realize its against the law.
bustinfeelsgood12 t1_it2oktk wrote
My old landlords lol. My partner was subpoenaed to testify in this