Eligible for 421A Tax Abatement*
Monthly RE Tax w/ 421a*
Monthly Tax w/o 421a
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*Eligible to apply for 421-A Tax Abatement. 421-A tax benefits allows for an abatement of property taxes by exempting any increase in assessed valuation attributable to construction over the prior assessed valuation, subject to the assessed value cap pursuant to Section 421-A of the NYS RPL, provided that taxes shall be paid in each tax year in which full or partial exemption is in effect. Therefore, the 421-A tax benefit is a partial abatement. All measurements are approximate and subject to normal construction variances and tolerances and may vary from floor to floor. Sponsor reserves the right to makes changes in accordance with the terms of the offering plan. The complete offering terms are in an offer plan available from Sponsor File no. CD19-0042. Sponsor P8/Silverback 24-16 QPS Owner LLC, 40 West 57th Street, 29th Floor, New York, NY 10019.