Modeled after NYC, new bill proposes vacant buildings be converted into apartments

New proposed legislation aims to create a state tax credit to convert vacant office buildings into residential space.

“We must continue to strengthen the core,” said New York state Sen. Pat Fahy, D-Albany. “The core of our urban areas whether that’s Buffalo, Albany, Syracuse and more.”

Fahy said her joint legislation with Assembly Majority Leader Crystal Peoples-Stokes is a way to make use of office spaces left vacant by COVID-19 remote work protocols in cities like Albany, Rochester, and Buffalo…

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