Sentences with phrase «apartments in the city qualified»
About 150,000 apartments in the city qualified for the abatement last year, resulting in $ 1.06 billion in forgiven property taxes, according to city records.
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City Housing Authority officials engaged in a «nefarious scheme» to exempt apartments from requirements that they be annually inspected for lead paint — even though they can't confirm those units qualified for such a waiver, an amended lawsuit claims.
But as the city's economy recovered, legislators tinkered with the regulations, requiring developers in popular neighborhoods to set aside 20 percent of their apartments for low - and moderate - income tenants in order for the building to qualify for the tax break.