Summary
79 condos in the historic David Whitney Building would get Neighborhood Enterprise Zone tax certificates to enable homeownership. The developer says the building's taxes will jump from $430,000 to about $1.2 million a year even with the break.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Jun 3, 2026.
Impact analysis
NEZ freezes the taxable value of the units; the building's overall tax bill is still projected to rise to roughly $1.2 million in 2026.
First-time condo buyers at the building and the developer converting rentals to ownership.
Mentions & discussions (2)
Budget, Finance And Audit Standing Committee
79 condos in the historic David Whitney Building would get Neighborhood Enterprise Zone tax certificates to enable homeownership. The developer says the building's taxes will jump from $430,000 to about $1.2 million a year even with the break.
Planning and Economic Development Standing Committee
Pro Tem Young asked HRD to build a public tracker showing how many NEZs are issued, how much recipients save, and who benefits — with average city income around $36,000-$40,000. HRD will pull data but wants law department sign-off before posting income figures.
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