In this special bonus episode of Shaping the NYC Skyline, we welcome back Jason Hershkowitz, Partner at Seiden & Schein, P.C. and head of the firm’s real estate tax incentives group. Jason's extensive knowledge of New York's complex property tax exemption programs makes his expertise crucial for anyone navigating the city’s evolving real estate landscape.

During this episode, Jason dives into the intricacies of the newly enacted 485-x real estate tax exemption, the replacement for the expired 421-a tax exemption program. He thoroughly discusses the statute’s updated affordability requirements and tax benefits, and new requirements including minimum wages and Minority and Women-owned Business Enterprises (WMBE) participation. His analysis not only illuminates the statutory details but also explores their practical implications on project planning and execution, making it essential listening for developers and investors.

This episode is packed with crucial information on the new 485-x real estate tax exemption, offering listeners a detailed overview of the statute’s framework and the challenges and opportunities it presents. Tune in to gain valuable insights from one of the foremost voices in real estate tax incentives in New York City, and get a head start on mastering the complexities of this significant legislative update.

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Email - shapingthenycskyline@seidenschein.com

Info Email - info@seidenschein.com

Phone - (212) 935-1400

You can Reach our Hosts by email:

David Shamshovich dshamshovich@seidenschein.com

Brenda Slochowsky - bslochowsky@seidenschein.com

Camila Almeida - calmeida@seidenschein.com

You can Reach Jason by email:

Jason Hershkowitz – jhershkowitz@seidenschein.com

SEIDEN & SCHEIN, P.C.

570 Lexington Avenue, 14th Floor

New York, NY 10022

Dive into another compelling episode of Shaping the NYC Skyline. This time we are joined by Jane Rosenberg, Partner at Seiden & Schein, whose illustrious career is a mosaic of ambition, happenstance, and strategic brilliance in New York's real estate sector. Jane's journey is a testament to her unwavering dedication to making a difference.

From her early aspirations in journalism instilled by her father's maxim to ‘do good,' Jane's voyage has been anything but ordinary. A serendipitous conversation transformed her journalistic endeavors into a pioneering journey through law school, leading to a crucial stint in public service where she championed legislative reforms. In the 1980s, Jane played a pivotal role in drafting legislation for co-op conversions. She later went into private practice where she found success in multiple law firms, the most recent of which is our very own Seiden & Schein.

Throughout her career spanning over three decades, Jane has navigated challenges with grace and determination, emerging as a beacon of knowledge and advocate in the world of NYC cooperatives and condominiums. Jane's path has been marked by resilience and a commitment to effecting positive change in NYC housing.

Don't miss this opportunity to delve into Jane's captivating career to being a brand name in the real estate legal business. Jane’s tale is sure to inspire, taking us deep into Jane’s insights, wisdom, and unwavering dedication to Shaping the NYC Skyline.

More on Shaping the NYC Skyline:

Website - https://seidenschein.com/

LinkedIn - https://www.linkedin.com/company/seiden-&-schein-p-c-/

Instagram - Shaping the NYC Skyline (@shapingthenycskyline)

Facebook - https://www.facebook.com/SeidenSchein

YouTube - https://www.youtube.com/@ShapingtheNYCSkyline

Email - shapingthenycskyline@seidenschein.com

Info Email - info@seidenschein.com

Phone - 212-935-1400

You can Reach our Hosts by email:

David Shamshovich - dshamshovich@seidenschein.com

Brenda Slochowsky - bslochowsky@seidenschein.com

Camila Almeida - calmeida@seidenschein.com

SEIDEN & SCHEIN, P.C.

570 Lexington Avenue, 14th Floor

New York, NY 10022

You can Reach Jane Rosenberg by email:

Jane Rosenberg - jrosenberg@seidenschein.com

Dive into the inspiring journey of Jamie Smarr, the President and CEO of the NYC Housing Partnership, an entity originally established by David Rockefeller and Edward Koch to address the challenges New York City faced with tax-foreclosed properties and returning these properties to their intended use. Jamie Smarr’s career is a testament to his deep commitment to economic development and fostering collaborative efforts between the private sector and government to create housing and build communities.

Jamie’s leadership roles, from directing the housing incentives division at the New York City Department of Housing Preservation and Development (HPD) to his impactful tenures at the NHP Foundation and the New York City Education Construction Fund (ECF), have contributed to the creation of thousands of affordable housing units and public school seats, and the development of a million square feet of other spaces. These achievements underscore his influence in redefining the city’s landscape and enhancing the lives of its residents. His commitment to utilizing economic growth for community betterment continues at the NYC Housing Partnership, where he champions initiatives in the affordable housing sector.

Tune in as Jamie Smarr shares his profound insights and rich experiences, offering a compelling narrative on the synergy of business, government, and community in Shaping the NYC Skyline.

More on Shaping the NYC Skyline:

Website - https://seidenschein.com/

LinkedIn - https://www.linkedin.com/company/seiden-&-schein-p-c-/

Instagram - Shaping the NYC Skyline (@shapingthenycskyline)

Facebook - https://www.facebook.com/SeidenSchein

YouTube - https://www.youtube.com/@ShapingtheNYCSkyline

Email - shapingthenycskyline@seidenschein.com

Info Email - info@seidenschein.com

Phone - 212-935-1400

You can Reach our Hosts by email:

David Shamshovich - dshamshovich@seidenschein.com

Brenda Slochowsky - bslochowsky@seidenschein.com

Camila Almeida - calmeida@seidenschein.com

SEIDEN & SCHEIN, P.C.

570 Lexington Avenue, 14th Floor

New York, NY 10022