Sentences with phrase «estate tax abatement program»

De Blasio's last housing fight led him in June to angrily accuse Gov. Andrew M. Cuomo of carrying out a «vendetta» when whey clashed on the mayor's efforts to amend a real estate tax abatement program and win stronger rent control laws.

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.

Not exact matches

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 months leading up to a state - imposed negotiations deadline in January, the Real Estate Board of New York and union leaders came tantalizingly close to coming up with a deal to renew 421a, the controversial tax abatement program for new developments.

Mayor Bill de Blasio is teaming up with the real estate industry to make some changes to the controversial tax abatement program known as 421 - a.

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.

The state Legislature has sway over key real estate laws affecting Glenwood, including the 421 - a tax abatement program and rent regulation in New York City.

The 421a tax abatement program for real estate developers will also be extended for six months.

For the city's decades - old tax abatement program for developers, 421 - a will see a four - year extension if the real estate industry and labor come to an agreement over wages for construction workers involved in those projects.

The mayor was also asked about the fate of his affordable housing plan if the 421a tax abatement program for real estate developers lapses.

Cuomo met earlier this week with a group of real estate executives working to hash out a deal to revive the expired 421 - a tax abatement program.

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.

He was responding to questions about two big and controversial ideas: New York City Mayor Bill de Blasio's three - week - old proposal to amend the 421 - a tax abatement program for real estate developers, and Attorney General Eric Schneiderman's introduction this week of a program bill containing sweeping ethics reforms.

Mr. Dorego hired an army of lobbyists that eclipsed the contingents from either of real estate's two most powerful trade groups — the Real Estate Board and the Rent Stabilization Association — ensuring he had the ear of state officials who oversee important housing rules, including a lucrative tax abatement program set to expire next estate's two most powerful trade groups — the Real Estate Board and the Rent Stabilization Association — ensuring he had the ear of state officials who oversee important housing rules, including a lucrative tax abatement program set to expire next Estate Board and the Rent Stabilization Association — ensuring he had the ear of state officials who oversee important housing rules, including a lucrative tax abatement program set to expire next month.