SEIDEN & SCHEIN, P.C. is one of New York’s top law firms, providing skillful representation in the development, buying, selling, leasing and financing of real estate.

421-a Due Diligence: How to Protect Your Investment in NYC Multifamily Real Estate

The 421-a partial real estate tax exemption program (a/k/a Affordable for New York or AFNY) includes various requirements that must be met to obtain and maintain benefits. It is, therefore, critical for both lenders and purchasers of multifamily buildings in New York City that have received or will receive 421-a benefits to retain experienced 421-a