09/01/2026
What is 485-x, and how could it factor into your next NYC development?
NYC’s Affordable Neighborhoods for New Yorkers program offers property tax benefits to qualifying new residential projects that meet affordability and other program requirements.
Swipe for an overview of potential eligibility pathways, benefit periods, compliance standards, and key dates.
Have a project in mind? MNS brings market expertise and development insight to every stage of your project.
Our team can help you understand how 485-x may apply to your development, assess potential eligibility pathways, and navigate the program’s key considerations.
Learn more at mns.com/contact.