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As the 421-a tax break program was set to expire on Jan. 15 of this year, developers pushed applications through the city's Department of Buildings. A total of 7,781 permits were approved for 299 different projects, which represents the third highest monthly total in the past seven years. The 421-a tax abatement program allowed developers tax exemptions on the development of vacant land into a residential building with at least 20 percent affordable units.
