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Thursday, January 14, 2016

Tenants at 50 Murray mull taking on Bistricer over 421g

On Tuesday evening, a group of tenants at David Bistricer's 50 Murray Street gathered on the 19th floor of the Tribeca high-rise to discuss an increasingly under-the-spotlight tax break: 421g. Rent-stabilization disputes at Financial District buildings that receive the 421g tax abatement are heating up in New York courts, as The Real Deal reported earlier this week.
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