Sentences with phrase «end developers tax»

Not exact matches

Activists have been calling to an end of the tax break recently, which they say only aids developers to build more luxury housing.

Lawmakers hope to end their session next month after voting on whether to renew or modify New York City's rent regulations and a tax break given to developers of Manhattan real estate.

Developers need to pay their fair share of local taxes — end of story.

The messy end of session also includes agreements on short extenders — one additional year for mayoral control of the New York City schools, and a six month extension of a tax break for real estate developers who build some affordable housing.

«If Albany will not give us the changes we need, if Albany will not strengthen rent regulations, if Albany will not pass a mansion tax, if Albany will not protect us, then here's what I think about any tax breaks for condominiums, luxury condominiums, any tax breaks for developers who are not going to create affordable housing — I say end those tax breaks once and for all,» he told congregants at First Corinthian Baptist Church in Manhattan, according to a recording provided by a spokesman.

He's reduced taxes and debt twice, continued to make water quality a signature issue, and addressed his long - standing concerns over the lack of affordable housing on the East End by working with developer Georgica Green Ventures and community members to gain town board approval for a 38 - unit workforce housing project in Speonk.

On the city side of things, this deal, that includes developers paying over $ 1 million in back taxes, ends a long chapter of finagling over the future of the 15 - story building, that involved lengthy litigation with the former building owner.

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.

It creates an open - ended, as - of - right abatement for developers who would have 100 percent real - estate tax exemption available to them, with no particular requirement for what the public benefit would be,» Benjamin Dulchin, executive director of the organization, said in an interview.

Flanagan met for about ten minutes with Assembly Speaker Carl Heastie and says he hopes to meet soon with Gov. Andrew Cuomo, to discuss major issues that need to be settled before the legislative session ends, including renewing New York City's rent laws and a related tax break for developers.

Miner officially brought an end to the consolidation experiment this week, with a letter to Mahoney accusing the county of keeping the city out of the loop on a number of deals that offer developers tax breaks, and creating a «development through desparation» strategy that only lines the pockets of developers.

In the end, new rent rules were approved, but lawmakers punted on renewing a program, known as 421A, that gives tax breaks for developers who build affordable housing.

The coalition seeks stronger rent protections for tenants and an end to corporate tax breaks for developers, as well as a strategy to end growing homelessness across the state.

Senate Leader Flanagan met for about ten minutes with Assembly Speaker Carl Heastie and says he hopes to meet soon with Governor Cuomo to discuss major issues that need to be settled before the legislative session ends, including renewing New York City's rent laws and a related tax break for developers.

* Taxpayers who end up bearing the burden of taxes escaped by wind energy developers who take advantage of generous tax shelters (including federal production tax credits and accelerated depreciation), similar tax shelters provided by some states, property tax exemptions, and direct subsidies.

Developers are racing to start construction before federal tax incentives for big renewable energy projects expire at year's end.

He represents developers, international investors, Fortune 500 companies, and other real estate end - users in securing crucial government incentives and tax benefits for major urban redevelopment and corporate...

Clients Our clients include taxable and tax - exempt investors, developers, lenders, real estate investment advisors, fund sponsors, real estate operating companies, REITs, property managers, and end users.