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.

Thanks to Governor Hochul’s newly signed executive order, 421-a projects in the Gowanus rezoning area at risk of missing the June 15, 2026 completion of construction deadline may how have another option. Projects that began construction on or before June 15, 2022 may be eligible for the Governor’s proposed Payment in Lieu of Taxes (PILOT)