Sentences with phrase «estate legislation in»

Seeking to help his son, Senator Skelos turned to the executive at Glenwood, which develops rental apartments in New York City and has much at stake when it comes to real estate legislation in Albany.

For example, while SILVER was publicly associated with advocating for tenants, a proposal that benefitted Glenwood Management was in substantial part enacted in real estate legislation in 2011 with SILVER's support.

And Molo claimed the real estate firms that hired Goldberg & Iryami received excellent representation, and that Silver pushed for changes in omnibus real estate legislation in 2011 that favored tenants, not Glenwood (who prosecutors said was not adversely affected by the bill).

Not exact matches

The final legislation enables companies to fully expense capital expenditures for most types of property other than real estate in 2018.

Although a total of $ 800,000 in real estate crowdfunding sounds like a lot, I view it as buying a $ 800,000 portfolio of 12 + different properties across the country at much lower valuations and much higher net rental yields compared to having $ 2,740,000 in one very expensive rental property in San Francisco that is now at risk of depreciating due to declining rents and new tax legislation that limits mortgage interest deduction and SALT deduction.

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In coming days, prosecutors are expected to call witnesses tied to additional charges against Silver: That he profited from legal work sent to a second law firm in Manhattan by mega-landlord Glenwood Management and another real estate developer in return for the politician's alleged backing of real estate legislatioIn coming days, prosecutors are expected to call witnesses tied to additional charges against Silver: That he profited from legal work sent to a second law firm in Manhattan by mega-landlord Glenwood Management and another real estate developer in return for the politician's alleged backing of real estate legislatioin Manhattan by mega-landlord Glenwood Management and another real estate developer in return for the politician's alleged backing of real estate legislatioin return for the politician's alleged backing of real estate legislation.

Similarly, Cuomo in 2011 signed Silver - backed legislation reauthorizing a then - expired property tax abatement for real estate developers called the 421a program.

In the other, he was found guilty of profiting from legal business sent to a second law firm by mega-landlord Glenwood Management and another developer in return for his backing on real estate legislatioIn the other, he was found guilty of profiting from legal business sent to a second law firm by mega-landlord Glenwood Management and another developer in return for his backing on real estate legislatioin return for his backing on real estate legislation.

The trial included both proof of acts that clearly met that standard — pushing $ 500,000 in legislative grants for the cancer researcher, and backing real estate legislation for the developers — and lesser favors, like trying to get the researcher's child a job, helping get permits for a charity race and meeting with lobbyists.

«Silver's case is factually almost nothing like McDonnell; there is no question that Silver took a number of official acts — most obviously, passing legislation and approving state grants and tax - exempt financing — as part of a quid pro quo in the Mesothelioma and Real Estate Schemes,» Judge Caproni wrote.

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.

Williams said the government will also prove that Silver helped two real estate firms with legislation in exchange for them moving their tax business to a firm that paid him roughly $ 800,000 in referral fees.

A big supporter of the city's real estate industry while speaker, Silver was criticized in 2013 for packing tax breaks for five major New York luxury developers into legislation regarding housing programs.

In one of three alleged schemes, prosecutors said that the two men solicited bribes from Charles Dorego, a real estate executive at Glenwood Management, who directed $ 20,000 check for title insurance work to the younger Skelos, at a time when the company was lobbying for housing and rent - related legislation that was crucial to its business.

Silver, accused of using his position to influence real estate legislation and state funding in exchange for millions of dollars in bribes and kickbacks, was convicted of corruption in November.

At 6:30 p.m., activists participate in a discussion on the upcoming NYC Council speaker's race, the influence of money on elected officials and the impact on local communities of legislation and policies favorable to the real estate industry, LaGuardia Community College, 31 - 10 Thomson Ave., Room E242, Queens.

At trial, the government had accused the elder Skelos of strong - arming three companies with a stake in state legislation — a major real estate developer, an environmental technology company and a medical malpractice insurer — into giving his son about $ 300,000 through consulting work, a no - show job and a payment of $ 20,000.

That followed federal charges alleging he collected nearly $ 4 million in kickbacks over a decade for his influence on real - estate legislation and medical grants.

In fact, SILVER represented some of the largest real estate developers in the state, for whom favorable state legislation was critical to their business interestIn fact, SILVER represented some of the largest real estate developers in the state, for whom favorable state legislation was critical to their business interestin the state, for whom favorable state legislation was critical to their business interests.

Espada repeatedly squelched pro-tenant legislation in his committee, while promoting bills backed by the real estate industry.

A complaint charges the senator tried to «monetize» his position by pressuring a large real estate developer with an interest in state legislation to pay big fees to Adam Skelos through companies including AbTech.

State Senate Majority Leader Dean Skelos and his son were arrested Monday by federal authorities, who alleged the state's top Republican extorted bribes and campaign contributions from companies in exchange for steering key real estate legislation and rigging a lucrative Nassau County environmental contract to his son's benefit.

In the other, Silver tilted real estate legislation on rent - control and tax breaks toward two major developers — one of them Glenwood Management of New Hyde Park — which took tax cases to a longtime Silver friend who secretly shared fees with the speaker.

According to prosecutors, Silver also delivered legislation that was friendly to real estate developers, then garnered $ 700,000 in fees through a law firm hired by builders.

The proposal closely mirrored the legislation signed in June 2015, with the addition of modifications agreed to by the Real Estate Board of New York and the Building and Construction Trades Council in November 2016.

In exchange, Dean Skelos, who has represented Long Island since 1984, voted for legislation favorable to the real estate company and facilitated the approval of a $ 12 million contract with Nassau County for the environmental firm.

In exchange for the payments to his son from the real estate firm and environmental firm, Dean Skelos introduced legislation to extend the controversial 421 - a program which provides tax abatements to developers and voted for legislation that allows landlords to increase rent on rent stabilized apartments.

«The fight is over this real estate program, but really it comes to something deeper, which is that the forever - fraught relationship between de Blasio and Cuomo — and indeed the fraught relationship between any mayor of New York City and any governor of New York really is at a low point with just nine days left in Albany's legislation session and with several items on the mayor's agenda sitting in Albany's lap,» Jimmy Vielkind, who covers the state government for Capital New York, told WCBS 880.

The indictment accused Silver of allowing one of those developers to push successfully for provisions in Albany real estate legislation that benefitted them.

Cuomo also approved legislation that gave tax breaks to five major real estate developers in New York City.

Assembly Speaker Sheldon Silver, one of the most powerful men in New York politics over the last two decades, was arrested Thursday on federal corruption charges alleging he steered real estate legislation and funneled state medical research funds in return for $ 4 million in illegal kickbacks.

In recent years I have voted to expand the rights of same sex couples by voting for: The follow up legislation that amended the estates, powers and trusts law to reflect the provisions of the marriage equality act.

The land use committee voted in favor of the legislation today, in spite of opposition from City Planning and from the Real Estate Board of New York.

Mukhi compared Bonomo's testimony to that of Charles Dorego, a real estate executive at Glenwood Management, who told jurors that he felt pressured to direct work to Adam Skelos because he needed his father's support in the Legislature as several key pieces of real estate legislation were due to expire.

Real estate lawyer Adam Leitman Bailey, who represents both landlords and tenants, said that the Times article «only validates and confirms the massive amount of power REBNY yields in influencing legislation.»

Evidence and testimony showed how some lawmakers can wield their considerable power to extort benefits for themselves or others; how the weak enforcement of lax financial disclosure requirements gives legislators ample opportunity to mask illegal payments as outside income; how moneyed real estate interests spend millions of dollars in campaign contributions to influence legislation; and how power is concentrated in the hands of the so - called three men in a room: the legislative leaders and the governor.

In 2010, Dean Skelos «discussed the fact that he would be working with Developer - 1 to negotiate [real estate legislation] during the upcoming session... [and] directly asked the Developer - 1 Founder and CW - 1 to send Developer - 1's title insurance commission to Adam Skelos.»

In large part due to Cuomo's push, under state legislation passed in late June, the real estate industry and the city's building trades have until next January to strike a compromise on 421 - a, or the tax break will end — an ultimatum seen as a major victory for the unionIn large part due to Cuomo's push, under state legislation passed in late June, the real estate industry and the city's building trades have until next January to strike a compromise on 421 - a, or the tax break will end — an ultimatum seen as a major victory for the unionin late June, the real estate industry and the city's building trades have until next January to strike a compromise on 421 - a, or the tax break will end — an ultimatum seen as a major victory for the unions.

The Democrat announced legislation Monday that would provide more transparency in the world of state politics and real estate, the Associated Press reported.

After the last major overhaul of the tax code, in 1986 — under a Republican president, Ronald Reagan, a Republican Senate and a Democratic House — it was a Democrat, Bill Clinton, who signed legislation that restored lost real estate tax breaks seven years later.

Sen. Vincent Fort called the legislation a «blatant corruption of power» that «trotted out» school children as «pawns to pad the pockets of for - profit management companies and real estate deals» supported by a «Herculean» lobbying effort that, Fort told the Senate, was «drenched in money mongering.»

Provincial Finance Minister Mike de Jong says he unveiled the tax as part of legislation aimed at addressing low vacancy rates and high real estate prices in southern B.C.

On October 1st, 2015 new federal legislation went into effect that changed the loan disclosures that borrowers receive in real estate transactions and added specific procedures and waiting periods to the timeline of the closing process.

The legislation, a similar version of which passed in the last Congress, would give favorable regulatory treatment to certain loans even if real estate - related fees were paid to an affiliate of the lender.

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Posted in 401k, Alternative Minimum Tax (AMT), Capital Gains, Dividends, Estate and Gift Tax, General Taxation, Legislation, News, Retirement

Thanks to recent legislation, real estate crowdfunding became possible in 2013 when the SEC relaxed some rules for certain investment types.

In January, testifies before Senator John Brademas's congressional committee regarding government support for individual artists; travels to France and Barcelona; at the request of the Gabo estate, documents and organizes ten portfolios of Gabo's wood - engraving monoprints and writes article on Gabo's monoprints for the Print Collector's Newsletter special issue on monotype; on 11 December, is sworn in as a member of the Massachusetts State Art Council for a three - year term; is active in establishing the state's «New Works» program and artists» rights legislatioIn January, testifies before Senator John Brademas's congressional committee regarding government support for individual artists; travels to France and Barcelona; at the request of the Gabo estate, documents and organizes ten portfolios of Gabo's wood - engraving monoprints and writes article on Gabo's monoprints for the Print Collector's Newsletter special issue on monotype; on 11 December, is sworn in as a member of the Massachusetts State Art Council for a three - year term; is active in establishing the state's «New Works» program and artists» rights legislatioin as a member of the Massachusetts State Art Council for a three - year term; is active in establishing the state's «New Works» program and artists» rights legislatioin establishing the state's «New Works» program and artists» rights legislation.

Estate planners are afraid that the December 2 effective date will fall through the cracks of debate over a tax bill in general, and be kept as an unintended consequence of any new legislation.