On today's episode of Closed! Lee sits down with Dan Marks, CEO of premier Brooklyn real estate brokerage TerraCRG, to talk about Lee's favorite borough. We learn about the strengths of the Brooklyn market over the last decade and the opportunities for growth in the next, as well as the changing development incentive landscape following the demise of 421a and the birth of the new 485x tax abatement program. We even touch on producer Conor's favorite topic: tax assessments on developed land!

This episode is a must-listen for anyone interested in the Brooklyn development market, or anyone who wants a clear understanding of how tax abatements impact development (without speaking Serbian).

You can learn more about the exciting projects Dan and the TerraCRG team are working on at www.terracrg.com

And as always for all your legal real estate matters, go to bfklawoffice.com

To find out more about Bergstein Flynn Knowlton & Pollina PLLC, visit our website at bfkplaw.com.

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