If a new 421a deal looks anything like the old one, New Yorkers shouldn’t look to it as a silver bullet to solve the city’s housing problem, Eliot Spitzer said Tuesday. “I’m here to tell you that 421a doesn’t work,” Spitzer told the members of the Young Men’s and Women’s Real Estate Association at their monthly luncheon. “421a, in its current incarnation, is not going to solve the problem.” Spitzer said his real estate firm … [more]