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The 421-a Tax Abatement: What It Is, Where to Find It, and What Happens When It Expires
The 421-a abatement saves new-development buyers thousands per year — until it expires and taxes triple overnight. Here's how to read the schedule.
Corey Cohen
May 13 min read


New York Builds Housing Like It's 1975. That Might Finally Change.
New York can launch a global brand overnight, but it still takes years to approve a new apartment building. The math behind why housing supply finally might change.
Corey Cohen
Dec 9, 20254 min read


The Flatiron Building Goes Residential
Manhattan's luxury residential market continued its Q3 2025 momentum, driven by cash buyers and high-profile developments like the Flatiron Building conversion.
Corey Cohen
Oct 6, 20252 min read


From Boardrooms to Bedrooms: NYC’s Office Makeover
NYC is converting vacant office buildings into apartments. With Manhattan office vacancy at 16.5% and a 560,000-home target by 2030, here's how the math works.
Corey Cohen
Apr 29, 20252 min read


City of Yes
NYC's City of Yes for Housing Opportunity is the biggest zoning reform in 60+ years — adding capacity for 80,000 homes citywide. Here's what it actually changes.
Corey Cohen
Dec 12, 20242 min read


Office to Residential Conversions in Olde New York
NYC's office-to-residential conversions are reshaping olde Manhattan — Financial District, Midtown South. Here's the economics and which buildings actually pencil.
Corey Cohen
Feb 14, 20242 min read


NYC’s Dual Dilemma: A Housing Deficit and Abundant Office Space
NYC faces a dual real estate dilemma — a critical housing deficit alongside abundant vacant office space. The conversion math, the politics, and what works.
Corey Cohen
Aug 4, 20233 min read


Where Will NYC Casinos Be Located?
Three downstate NY casino licenses are up for grabs. Aqueduct and other racinos are favorites — but Manhattan and Brooklyn bidders could shake the field.
Corey Cohen
May 16, 20232 min read


Penn Station Redevelopment: Needed but Misguided
Penn Station's redevelopment is overdue but the current plan misses the mark. The right vision, the politics, and what midtown real estate actually needs.
Corey Cohen
Sep 12, 20222 min read


What’s Next for Midtown?
What's next for Manhattan's Midtown? Inflation, equity declines, and remote work pressure are weighing on the office market. The recovery path mapped.
Corey Cohen
Jun 7, 20222 min read


Is the Second Avenue Subway Expanding?
Senator Schumer confirmed the Second Avenue Subway extension is moving forward. What it means for Upper East Side, East Harlem, and Manhattan transit.
Corey Cohen
Jan 12, 20222 min read


Hudson Yards Takes Center Stage
Hudson Yards is taking center stage as Manhattan's largest development since Rockefeller Center. The vision, the math, and what comes next.
Corey Cohen
Jun 3, 20190 min read


Amazon Pulls out of NYC
Amazon's HQ2 withdrawal from Long Island City stunned NYC. The fallout for LIC, the politics behind it, and what corporate New York learned.
Corey Cohen
Jun 3, 20190 min read
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