BBG News

Co-Chair of Tax Exemptions and Zoning Incentives Department David Shamshovich Discusses Tax Incentives for Real Estate Developers in New Profile

Apr 11, 2025

BBG partner David Shamshovich, seasoned attorney in affordable housing development and Co-Chair of the Firm’s Tax Exemptions and Zoning Incentives Department, was recently interviewed for an in-depth feature in KeyCrew journal that details New York City’s evolving housing incentives ecosystem. The article highlights David’s role in guiding developers through the complexities of tax exemptions, zoning regulations, and affordable housing initiatives, and the challenges and opportunities facing developers as the city addresses its ongoing housing crisis.

David’s feature additionally explores the city’s ambitious “City of Yes for Housing Opportunity” zoning text amendment, which expands eligibility for affordable housing incentives citywide, and how his eye is on the Department of Housing Preservation and Development to release application materials for new programs.

Read the feature here.

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