Harlem Assemblyman and City Council hopeful Al Taylor calls for strengthening and renewing 421-a tax exemption

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After announcing his bid to challenge Harlem Councilmember Kristin Richardson Jordan for her seat in 2023 last week, this Wednesday Assemblymember Al Taylor vented criticism for an expired development tax break at an event where he coronated a new building the policy helped create.

The remarks came at a ribbon cutting ceremony for a new mixed-income building that Haussmann Development recently opened at 2750-2754 Frederick Douglass Blvd. in Harlem, a project that is offering affordable units through the 421-a incentive that offers a post-construction tax exemption for developers.