Sentences with phrase «abatements from»

After all, FF was getting $ 335 million in state tax incentives and abatements from Nevada for its plant, and it was sponsoring a Formula E team.

It would extend the length of the abatements from 25 years to 35 years, mandate that all rental projects receiving the subsidy include affordable housing in their project and, like de Blasio's proposal, gives developers three options for affordability.

In addition to tax abatements from the ECIDA, Paladino has also applied for $ 1.6 million in Historic Tax Credits to aid in the expensive and complex task of landmark building.

Why rely on private developers getting tax abatements from the state?

Businesses receiving subsidies such as tax abatements from the city may eventually be covered.

Cuomo is right that de Blasio's plan would be a boon to landlords in at least one respect: The mayor, to try to spur construction of cheaper apartments, proposes extending the 421 - a tax abatement from the current 15 or 25 years to 35 years.

De Blasio's proposal to renew 421 - a would increase the allowable length of a tax abatement from 25 years to 35 years and require more service workers in subsidized buildings to be paid a prevailing wage.

Some landlords in New Paltz are having a hard time swallowing Park Point because the developer has stated an intention to seek tax abatement from the Ulster County Industrial Development Agency.

This is the largest investment in the US since the new Company was formed in June 2009 and was aided by the approval of a tax abatement from the city of Kokomo.

Learn how to request penalty abatement from the IRS.

Of all the low - emission energy sources, cracking the Holy Grail of carbon abatement from coal could turn out to be the most lucrative business opportunity in the entire low - emission energy field.

They show no abatement from the 1975 - 1998 trend.

Also see The benefits of wind power, CO2 abatement from wind turbines and CO2 and wind farms elsewhere.

Sinclair Knight Merz (SKM), an engineering and consulting firm, produced a report in June 2012 that listed the CO2 abatement from Australia's wind power installations.

This covered N20 abatement from nitric acid production, and was also the only project - type correctly supplied with ERUs.

In 2012, Apple was approved to build a data center in the Reno Technology Park in Washoe County, named «Project Mills,» and was given an $ 89 million tax abatement from the Nevada Governor's Office of Economic Development.

Not exact matches

Withdrawals from tax - deferred accounts are taxable income, and can trigger a huge hit on your Social Security Income, and finally (d) income management for ancillary benefits in retirement such as various localities» property tax abatements for seniors of sufficiently low income.

That means not just saving Hartford from bankruptcy but giving it the tools it needs to become a destination, including tax abatements for young workers, incentives for businesses, investment in infrastructure including the XL Center and more.

Deployment of CCS will drive learning, and the lowered future abatement costs from deploying a new technology will benefit Alberta, and so it makes sense in this case for the government to bear some of the costs of this risky investment.

Nevada's tax abatement law protects homeowners from sudden spikes in their property taxes.

Training grants, revenue grants and real estate tax abatements are a few of the economic incentives the city offers start - up businesses which have helped hundreds spouted up in Jacksonville or relocate from other states.

Silver was responsible for inserting the tax breaks into the legislation, and Cuomo signed the bill two days after receiving $ 100,000 from Extell, whose One57 was one of the locations receiving an abatement.

At the same time, Cuomo distanced himself from the mayor's push to expand affordable housing opportunities under the 421a tax abatement extension, frequently citing the AFL - CIO's concerns about the lack of a prevailing wage provision for the construction sector.

The abatement and affordablity period under 421a would also be extended from 25 to 35 years.

Administration auditors from the Department of Investigation later said her testimony was incorrect: few had the proper certifications, and the abatements were mostly done by workers lacking correct credentials.

The key changes to the abatement — from the version that expired in 2016 — include wage requirements for construction workers on certain projects and a 35 - year break from property taxes (up from 25) on large projects that pay these wages.

Glenwood arranged for these payments to ADAM SKELOS due to the company's substantial dependence on DEAN SKELOS for real estate tax abatements and other real estate legislation favorable to Glenwood, and based in part on statements from DEAN SKELOS that he would punish those in the real estate industry who defied him.

Speaking to reporters after an unrelated event in Manhattan, Mr. Cuomo expanded on remarks yesterday trashing the Mr. de Blasio proposal to alter the controversial tax credit to require greater affordable housing construction while simultaneously lengthening the abatement period from 25 to 35 years.

Bills for issues ranging from rent control for New York City and the surrounding area, as well as a $ 1.3 billion property tax rebate program, a real - estate tax abatement and mayoral control for New York City schools are yet to be printed as language continues to be haggled over.

«I think you're going to see more children, not fewer children, exposed to lead,» said Senator Jack Reed, a Democrat [from Rhode Island] who has sought more funding for lead - abatement programs on the Senate subcommittee that funds HUD.

The NYPD will review the circumstances under which it forces people from their homes using New York City's nuisance - abatement law, a legal weapon that has been used for decades to shut down drug dens, brothels and other criminal operations, officials said.

The lawyer, who handled much of Glenwood's political work, said the company hoped to obstruct the passage of campaign finance reform laws, see the controversial 421a tax abatement renewed, obtain a favorable tax cap on revenue from apartment buildings and to prevent Democrats from taking control of the State Senate and giving control of the New York City rent laws from Albany to the City Council — which Mr. Dorego compared to «an atomic bomb.»

«As our work to rebuild and recover from Sandy continues, this tax abatement will help homeowners hit hard by the storm keep more of their hard earned money,» Lanza said.

Following the meeting, Albany passed laws extending the 421a tax abatement and preventing the city from putting in stronger rent regulations.

Of all the issues that dominated legislative debate in last year's session, rent control and 421 - a tax abatements had the most potential to drive a spike in donations from one sector; the fact that contributions from the biggest real estate developers ebbed made it difficult for 2015 to compete with prior years.

He said negotiations failed around three major issues, including raising the age of criminal responsibility from 16 to 18, a potential cost shift from public schools to charter schools and a real estate tax abatement program in New York City.

«You were signing something saying you're in compliance with doing the lead - paint testing and abatement and you weren't,» Barron said he told NYCHA chair Shola Olatoye during the meeting with Assembly Democrats from New York City.

He also extolled the virtues of the separate plan he put forward in 2015, which barred all condo projects from receiving the tax abatement.

Rubin, who will soon take over as the state's director of operations, said the latest proposal to revive the tax abatement — now officially dubbed Affordable New York — mostly springs from the legislation passed in June 2015.

Silver stepped down from his post after he was arrested on Jan. 22 for allegedly reaping $ 4 million in kickbacks from law firm Goldberg & Iryami, including some stemming from referrals of real estate developers seeking tax abatements, Bloomberg News reported.

Senate Republicans emerged from a nearly three - hour long closed - door conference this afternoon, but an agreement on extending rent control in New York City and a real - estate tax abatement remains elusive.

As the Republican - led Senate introduces legislation that could be the basis for a «big ugly» compromise on the 421a tax abatement, the coalition of organizations pushing for a prevailing wage is distancing itself from SEIU 32BJ's opposition to the measure.

But de Blasio also said he secured no commitments from top state lawmakers and the governor on a host of issues, including mayoral control and rent control regulations as well as the 421a tax abatement reforms he is seeking.

A number of key issues ranging from mayoral control of New York City schools, to rent control and the 421a tax abatement, are due to expire this month.

A coalition of business entities ranging from the Business Council to Unshackle Upstate are pushing back against an effort to include a prevailing wage component in the renewal of the 421a tax abatement.

A regulation proposed by the NYC Finance Department would give property - taxpayers retroactive refunds due to incorrect abatements and assessments only from the date when the error is discovered, not from the when it occurred.

Mark Levine, the front - runner in the race to become the next NYC Council speaker, hasn't lived in the Washington Heights apartment that he owns since 2013 — but he still benefits from a tax abatement there.

But Gov. Andrew Cuomo said that any future deal leading to a permanent renewal of the abatement must include some form of prevailing wage requirement for construction workers on projects benefitting from 421a — namely buildings with more than 15 units.

Despite the need, the city was forced to shut down its 20 - year - old lead abatement program last year after HUD rejected a previous application for $ 3.5 million in aid to remove lead from low - income homes with children.

ECIDA members also approved a request from Buffalo developer Rocco Termini for a total of $ 131,000 in tax abatements for two downtown Buffalo restaurant projects.