NYC 99-Unit Residential Buildings
One of 10,000+ projects Taiyo tracks in New York.
Source: Construction Owners Club
A trend in New York City where developers design residential buildings with exactly 99 apartments to qualify for a tax incentive program (485-x) that exempts them from higher construction wage requirements and reduces affordable housing obligations. This strategy involves altering building layouts or splitting large buildings into multiple 99-unit structures to avoid stricter labor and affordabili
- Status
- Under Construction
- Sector
- Commercial, Residential
- Location
- New York City, New York, United States of America
- Updated
- 22 Jul 2026
- Source
- Construction Owners Club
ConstructChat
Ask ConstructChat about NYC 99-Unit Residential Buildings
Pick a question to edit it, or write your own.
First answer free · no account
Project Information FAQ
Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A trend in New York City where developers design residential buildings with exactly 99 apartments to qualify for a tax incentive program (485-x) that exempts them from higher construction wage requirements and reduces affordable housing obligations. This strategy involves altering building layouts or splitting large buildings into multiple 99-unit structures to avoid stricter labor and affordability rules tied to projects with 100 or more units. |
Original sector | Construction Industry |
Location
Country | United States of America (USA) |
State | New York |
City | New York City |
Source
Source | Construction Owners Club |
URL |
More Details
Record type | Project |
Sector | Commercial, Residential |
Article published date | 2026-05-16 |
Research
Free account
View all details
You are reading the public part. A free account opens the rest:
- Every detail on this project
- News and media coverage
- Technical research
Free account · no card · lands you back on this project
More Commercial projects in United States
- Engineering, Procurement, and Construction of Third Bosphorus Bridge
- Tampa Bay Seawater Desalination Plant
- Portugues Dam, Ponce
- Sinking Creek Wastewater Treatment Plant Expansion, Tennessee
- Carlsbad Desalination Project, San Diego, California
- Joint Base Lewis-McChord
- Fort Riley Army Base, Kansas
- Fort Benning, Georgia