We walked by Richard Meier's "On Prospect Park" building the other day (mentioned on the Gowanus Lounge blog as "an example of a building that fits the scale of its surrounding and is nicely designed"). It's certainly coming along. It's also a beneficiary of the 421-a tax abatement program.
According to the Gowanus Lounge, the tax-abatement program "has run amok, and is routinely used to subsidize luxury housing." Like this one.
But wouldn't you?
More here.
Photo by MK Metz
Monday, November 19, 2007
'On Prospect Park': Nicely Designed Beneficiary of Tax Abatement Program
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