The renewal of rent and real estate laws, including a controversial
real estate tax break, are being fiercely debated.
But allies of the mayor described him as stung last week when Mr. Cuomo described the city's plan for real
estate tax breaks as a «giveaway» to developers and «unfair» to organized labor, touching a raw nerve for a mayor who prides himself as a defender of the working class.
Straight extenders would be a blow to New York City Mayor Bill de Blasio, who's sought changes, as well as labor unions, who want the real
estate tax break law changed to require prevailing union wage be paid on all construction projects.
A pair of left - leaning advocacy groups criticized Mayor Bill de Blasio's plan to reform a controversial
real estate tax break, calling on the progressive mayor to extract more concessions from the city's powerful real estate industry.
Under the 1996 Defense of Marriage Act, same - sex marriages were not federally recognized, depriving Windsor of
an estate tax break afforded to heterosexual surviving spouses.
A coalition of progressive groups marched today outside one of the most luxurious residential buildings in the city to call for the repeal of a controversial real
estate tax break.
At least 27 clients of Assembly Speaker Sheldon Silver's recently revealed second law firm received state - authorized real
estate tax breaks, a Capital New York analysis has found.
On the surface, the dispute centered on arcane state laws governing real
estate tax breaks and mayoral control of the city's public schools.
In addition, renewing the 421 - a real
estate tax break, which expired after lawmakers failed to get a deal last year, apparently isn't happening.
At least 27 clients of Silver's recently revealed second law firm received state - authorized real
estate tax breaks, a Capital New York analysis has found.
The two most contentious issues of the 2015 legislative session, education policy and real
estate tax breaks, drove the biggest spending by lobbying groups in the first six months of the year, according to a report released by the Joint Commission on Public Ethics.
In an interview recorded today with WABC's Diana Williams, Mr. de Blasio accused Mr. Cuomo of creating «distractions» in an ongoing fight over a real
estate tax break and said the governor was «not acting like a partner.»
Also linked to the debate over rent stabilization is a real
estate tax break that saved New York City developers more than $ 1 billion last year.
Linked to the debate over rent stabilization is a real
estate tax break that saved New York City developers more than $ 1 billion last year.
A pair of left - leaning advocacy groups criticized de Blasio's plan to reform 421 - a — a controversial real
estate tax break — calling on the progressive mayor to extract more concessions from the city's powerful real estate industry.
He admits a six - month extender of the real
estate tax break is under consideration, because he says he does not want to see a program that provides some affordable housing «expire.»
The Speaker has accepted money from a law firm that specializes in real
estate tax breaks.
Governor Cuomo, who has received millions from developers, including Glenwood, as well as from labor unions, concedes that any deal forged to change the real
estate tax break, known as the 421a provision, could be misconstrued.
And he said he received most of what he wanted regarding the real
estate tax breaks, which will lead to the addition of tens of thousands of units of affordable housing.
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.
Phrases with «estate tax break»