Opportunity Zones: What you need to know

September 6, 2018

The Empire State Development Corporation announced 306 census tracks in New York City (See https://esd.ny.gov/opportunity-zones.) Now it seems everyone is talking about the program.

I have seen several briefs and webinars from law and accounting firms trying to make sense of it. Funds have already begun to spring up to target. Some investors have even told me that they will now only consider investments in an Opportunity Zone (“OZ”).