Long Island Construction Law does not own this content. This content was created by Kyle Strober , and was published to the Long Island Business News on August 31st, 2023.
Building multifamily residential housing is a business. That reality means that unless the region’s development community can phase in the property taxes, housing units will not be affordable for our next generation of Long Islanders. Deferring that immediate full tax bill comes through programs offered by industrial development agencies that are under the authority of Long Island’s various towns and our two counties.