Sentences with phrase «city tax exemptions»

The Times also reported that the total value of the incentives from the city, the state and the Bronx BP Ruben Diaz topped $ 120 million: including $ 74 million in city tax exemptions, $ 18.5 million in state tax credits, and $ 18 million in cash, split between city and state.

Not exact matches

The temporary tax break attracted fast - growing tech companies to San Francisco's Mid-Market and Tenderloin neighborhoods by offering them an exemption from the city's 1.5 percent payroll tax in exchange for community work.

Not willing to call Twitter's bluff, the city offered a deal to the company, which now works out of space in the gritty but fashionable South of Market district where many Internet start - ups begin: move to a building in the even more gritty and decidedly less fashionable mid-Market neighborhood — on a section of Market Street that is marred by drug dealing, homeless encampments and shuttered storefronts — and get a payroll tax exemption.

However, because of a number of property tax exemptions, many homeowners in New York City pay even lower rates than that.

Typically, state tax - exemption applies if securities are issued within one's state of residence and, if applicable, local tax - exemption applies if securities are issued within one's city of residence.

The city of Wilmington also offers a property tax exemption for senior citizens.

The Supreme Court's shift away from the time - honored position of tax exemption first became apparent in 1970 when the court handed down its opinion in Walz v. Tax Commission of the City of New Yotax exemption first became apparent in 1970 when the court handed down its opinion in Walz v. Tax Commission of the City of New YoTax Commission of the City of New York.

On the state level, specific exemptions from property taxes for churches were established in Virginia in 1777, New York in 1799, and the city of Washington in 1802.

Walz had sued to enjoin the New York City Tax Commission from granting property tax exemption to religious organizations for properties used solely for religious worshTax Commission from granting property tax exemption to religious organizations for properties used solely for religious worshtax exemption to religious organizations for properties used solely for religious worship.

The Common Council in 2003 approved using the 485 - a tax abatement for development, and city officials say the first known exemption was granted in 2010.

To be eligible for the Property Tax Freeze Credit program, taxpayers must qualify for a separate program — the STAR property - tax exemption — and live outside New York CiTax Freeze Credit program, taxpayers must qualify for a separate program — the STAR property - tax exemption — and live outside New York Citax exemption — and live outside New York City.

«The property tax exemption SCHE / DHE provides is huge boost for the many senior and disabled homeowners struggling to make ends meet in our city.

As long as the county can grant tax exemptions in the city, development issues will continue.

NEW YORK — Mayor Bill de Blasio and state and city lawmakers joined senior homeowners today to support the passage of state legislation, sponsored by State Senator Diane Savino (S4628) and Assembly Member Brian Kavanagh (A7463), that would expand property tax exemptions for senior citizens and disabled New Yorkers.

ALBANY — Councilman Frank Commisso Jr. is pointing the finger at Mayor Kathy Sheehan over tax exemptions mistakenly given out by the city assessor.

If elected mayor, Commisso said he would work with the Common Council to determine the best course of action on evaluating all tax exemptions in the city and would place a self - imposed ban on accepting campaign donations from developers who receive exemptions.

Paterson quickly signed five pieces of legislation on his first day in office: to add the New York State Department of Labor to the New York City Transit Track Safety Task Force; to eliminate a law that discouraged employers from holding blood drives; to change the way in which members are appointed to a state health and research board; to restore eligibility caps to certain senior employment programs; and to grant tax exemptions to several local development corporations in New York State.

Under the proposed agreement, Cornerstone would pay $ 25,000 for the city - owned lot and could get a full tax abatement for eight years, in addition to sales and mortgage recording tax exemptions.

Twelve years ago, Syracuse city leaders were so eager to spur the local economy they gave developer Robert Congel a 30 - year property tax exemption on his hugely successful shopping mall so he would expand it.

The de Blasio administration wants to simplify and revise the 421 - a program so that only projects that set aside affordable units will qualify for a tax exemption, according to executives who have spoken to city officials.

To be eligible for a tax rebate, homeowners must qualify for a separate program — the STAR property - tax exemption — and live outside New York City.

Syracuse Common Councilors have discussed about Federal Emergency Management Agency flood zone tax exemptions for city housing in a press conference on Monday.

However, Tawil's request is unusual because developers seeking tax exemptions for projects in the city traditionally go to the Syracuse Industrial Development Agency.

The agency has the authority to grant tax exemptions everywhere in the county, including within the city of Syracuse.

The county agency can hand out tax exemptions anywhere in the county, including the city.

Destiny's application to the county's industrial development agency is unusual because businesses normally go to the city's industrial development agency for tax exemptions for projects in the city.

Syracuse, N.Y. — A businessman who sued the city five years ago after losing a lucrative airport contract has taken the unusual step of asking the county for $ 3.5 million in tax exemptions for a proposed student housing complex in Syracuse.

However, developers seeking tax exemptions for projects in the city traditionally go to the Syracuse Industrial Development Agency.

Asked after the meeting if he thought the city agency or Common Council would deny him the tax exemptions he wanted, Tawil said, «I don't have any comment on that.»

Albany Councilman Frank Commisso Jr. is pointing the finger at his Democratic primary opponent, Albany Mayor Kathy Sheehan, over tax exemptions mistakenly given out by the city assessor.

It is clear that these fat cats who want the public to bail them out like AIG and Goldman Sachs; or the Speyer deal with Stuyvesant Town and a whole host of other scams, are organizing because they fear losing their «special treatment» like a West Street Headquarters will a half billion dollar real estate tax exemption; or the tax credits for complex real estate deals that made Related into a financial and real estate behemoth without really doing much to improve anything... It bothers these dukes and barons that the city helps the needy.

The effects of forthcoming federal tax reform efforts — such as limitations on the deductibility for state and local taxes and the exemption for municipal bonds — could hit the state hard, the duo said, and have «significant implications» for the revenues of both New York City (the state's main economic engine) and the state.

New York City officials and real - estate executives are resigning themselves — at least for now — to life without 421 - a, a lucrative property - tax exemption program that for decades has fueled the construction of apartments across the cCity officials and real - estate executives are resigning themselves — at least for now — to life without 421 - a, a lucrative property - tax exemption program that for decades has fueled the construction of apartments across the citycity.

The developer blamed a dispute with the city of Syracuse over tax exemptions for the hotel.

New York City real estate developers and union leaders praised the possible return of the 421a developer tax exemption last week, ending more than a year of seemingly fruitless negotiations.

Miner said the mall has already received an «unprecedented» 30 - year tax exemption, worth hundreds of millions of dollars, from the city and does not deserve another deal.

Aitken issued a statement late Wednesday afternoon saying the tax exemptions Destiny will request are no different than those granted by the city to other hotels.

The task force is a Syracuse - based coalition of community groups and individuals who have pushed developers seeking tax exemptions in the city to commit to training and hiring underprivileged city residents.

Traditionally, the state funds have come in the form of a spin - up of money the state owes the city in payments in lieu of taxes for Empire State Plaza's exemption from local levies.

Two years ago, Destiny applied to the Onondaga County Industrial Development Agency for a 20 - year property tax exemption that city officials said would be worth approximately $ 20 million.

The New York State Senate recently passed legislation carried by Independent Democratic Conference member Senator Diane Savino, which would raise the income cap for SCHE / DHE to $ 50,000 for a full 50 % property tax exemption and to $ 58,400 for a partial exemption, which will provide much - needed relief to New York City homeowners.

The county agency is appointed by the chairman of the county Legislature and has the authority to approve tax exemptions anywhere in the county, including within the city.

Galesi received tax breaks for environmental remediation at the new Golub headquarters; $ 583,162 a year in tax exemptions for the new Center City building, and was recently rolled into a federal package to receive money to demolish a former county department of social services building so the land could be used for apartments.

Condominium builders had received the lucrative property tax exemption, which in some parts of the city required building below - market units, for decades until last year.

Walsh previously served as deputy commissioner of the Department of Neighborhood and Business Development and executive director of the Syracuse Industrial Development Agency, which gives tax exemptions, grants and bonds to city businesses.

At 10:30 a.m., state Comptroller Tom DiNapoli discusses a report on property tax exemptions, Syracuse City Hall, 233 East Washington St., Syracuse.

Also at 11 a.m., Sen. Andrew Lanza, Assemblyman Michael Cusick and City Council members Steve Matteo, Debi Rose and Joe Borelli make an announcement on property tax exemption legislation for New York City veterans, Marine Corps League 246th Detachment, 46 Ontario Ave., Staten Island.

Outgoing state budget director Mary Beth Labate said at a briefing following the address that the property tax exemption has netted the city an extra $ 3.4 billion, so it's only fair that the city contribute more toward Medicaid.

Before COR applied to the county IDA for tax breaks, the city IDA had already awarded the company $ 1.5 million in financial assistance for public infrastructure at the harbor and nearly $ 1.2 million in exemptions from sales and mortgage recording taxes on the construction of the first building, an Aloft Hotel.

Miner sued Cor on Dec. 15, 2015, alleging the Fayetteville - based developer broke a promise to the city not to seek tax exemptions for its construction of hotels, apartments, and retail and office buildings at the harbor.