Sentences with phrase «for real estate developers who»

This has been a boon for real estate developers who found themselves with lots of cheap land and good demand for suburban properties.
Hevesi said the homeless projects are caught up in a larger dispute over how to renew a special tax break for real estate developers who include affordable housing in their projects, known as 421a.
New York City's rent regulations expire next week, along with a property tax break for real estate developers who agree to set aside some of their project for affordable housing, known as 421a.
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.
Still, money is money, and a special session would also likely consider (and approve) a revised 421 - a housing subsidy that is a priority for real estate developers who are key funders of the Senate Republicans» coffers.
Hevesi says the homeless projects are caught up in a larger dispute over how to renew a special tax break for real estate developers who include affordable housing in their projects, known as 421a.

Not exact matches

Real estate developers have plenty of ways to avoid taxes, via totally legitimate deductions not available to folks who labor for a company.
The New York real estate developer, who has never held elected public office, touts his practical experience on economic matters and potential to create jobs, blaming President Barack Obama for what he calls a weak recovery from the economic recession.
«I've had buyers who are looking for places in New York, but specifically said they don't want to live in a Trump building,» adds Daniel Neiditch, president of New York — based River 2 River Realty, a luxury real estate brokerage, landlord, and developer.
Asked whether the Fed should raise rates, Trump, a billionaire real - estate developer who has spent much of the past few months as the favorite among Republican voters, said it should but would not for «political reasons.»
We are crowdfunding enthusiasts and real estate developers, who have collectively raised millions of dollars through crowdfunding for our own real estate projects.
A distinction that comes across when interacting with the executive team, listening to recorded presentations, and interfacing with their site is they seem sincerely committed (passionate actually) to efficiently and cost - effectively filling the funding gap that's existed between individual real estate developers looking for short - term loans for their fix - and - flip, bridge loans, and other construction projects and investors who understand the investment value of real estate and want to fund those projects.
«The Developers» Den competition provides an important opportunity for the best students to develop and showcase their analytical, creative and presentation skills as emerging talent in front of leaders within the real property sector,» says Jim Clayton, who was recently appointed to the Timothy R. Price Chair at Schulich's Brookfield Centre in Real Estate and Infrastructreal property sector,» says Jim Clayton, who was recently appointed to the Timothy R. Price Chair at Schulich's Brookfield Centre in Real Estate and InfrastructReal Estate and Infrastructure.
Our listings are posted by individual private owners, real estate agents and brokers, international developers and builders who have property for sale, rent and auction worldwide.
Approximately $ 700,000 came in «undisclosed bribes and kickbacks» from a scheme in which Mr. Silver used his influence as speaker to induce real estate developers with «business for the state» to use a real estate law firm run by an attorney who previously worked as Mr. Silver's counsel in the Assembly, and which paid Mr. Silver for the referrals.
Additionally, de Blasio's negotiated plan with the real estate industry to renew a critical tax break for developers known as 421 - a had been shot down just weeks earlier by Cuomo, who claimed the mayor's proposal had «generated problems.»
«It's hard for a business person who has business interests in New York City to tell the mayor no, especially real estate developers,» Peebles said.
His real estate donor wish list contained the name of DUMBO developer Jed Walentas of Two Trees Management who eventually gave $ 100,000 to the Campaign for One New York.
Prosecutors say the 74 - year - old Silver earned $ 4 million illegally in fees for his work on behalf of a cancer researcher and real estate developers who stood to benefit from his clout as one of the three most powerful politicians in New York state government.
Approximately $ 700,000 came in «undisclosed bribes and kickbacks» from a scheme in which Mr. Silver used his influence as Assembly Speaker to «induce real estate developers with business before the State» to use a real estate law firm run by an attorney who previously worked as Mr. Silver's counsel in the Assembly, and which paid Mr. Silver for the referrals.
Spinola, who served as the powerful Real Estate Board of New York's president for nearly three decades, remarked that Litwin's company, Glenwood Management, had defied convention by building larger apartments than most other developers.
The charges state that, as early as 2010, an unnamed real estate developer, who is also a cooperating witness in the case, made a one - time, $ 20,000 payment to Adam Skelos for work that federal investigators say he did not do.
The recent overturning of Sheldon Silver's 2015 corruption conviction raises key questions for both the real estate industry and those who police it: Do landlords and developers have clearer guidelines on what counts as corruption, or will heightened scrutiny and a likely retrial only bring more of them into the witness box?
Those of us who have lived in the area for decades have seen firsthand the damage done by unscrupulous real estate developers.
Second, the current upstate Senators are bought and paid for by NYC interests — in particular the real estate developers who want to keep rents high in the city.
Retiring Rep. Chris Gibson, who has been mentioned as a potential GOP gubernatorial contender in 2018, isn't jumping on the Donald Trump - for - president bandwagon, saying he doesn't like the idea of making the billionaire real estate developer head of the US armed services.
The protest comes as Paladino, a real - estate developer and school board member in Buffalo, is considering a run for governor on the Conservative Party line should the state GOP not coalesce around a candidate who doesn't support ousting the Republican leaders in the state Legislature.
The two developers who pushed de Blasio to get rid of Central Park's horse carriages tried to build support for a proposed deal on the issue, disputing allegations that their cause is about real - estate opportunities and has been aided by contributions they made to a political group tied to the mayor.
Also protesting Cuomo's speech will be tenant groups, who are opposing his «failure to fight for stronger rent protections, his failure to release the funds he promised a year ago to build housing for homeless families, and his attempt to revive the wasteful 421 - a giveaway to his rich real estate developer friends.»
Brian Benjamin, a real estate developer and former organizer and fundraiser for President Obama, has formed a campaign committee for the state Senate seat held by Bill Perkins, who is campaigning in a crowded primary for retiring Rep. Charlie Rangel's seat.
Buffalo real - estate developer Carl Paladino, who upended the Republican establishment in 2010 to win the GOP primary for governor, has organized a statewide effort to make Trump the winner of New York's April 19 presidential primary.
So far, two Republicans have declared their candidacy: real estate developer Paul Massey, whose campaign team includes Michael Bloomberg's pollster, and Michel Faulker, pastor of the New Horizon Church who once played for the New York Jets.
De Blasio cites the city's 21 % poverty rate as proof of this, and he campaigned on closing the gap by pushing real estate developers to build or preserve 200,000 affordable homes and creating a universal pre-K program for the poor, funded by raising taxes on those who make a $ 500,000 or more.
The charges state that, as early as 2010, an unnamed real estate developer, who is also a cooperating witness in the case, made a one time $ 20,000 payment to Adam Skelos for work that federal investigators say he did not do.
Staffers with the city Department of Investigation and city comptroller quizzed Morales last March and April about two real - estate transactions that allegedly benefited developers and lobbyists who gave donations to the mayor's campaign and the mayor's nonprofit, the Campaign for One New York.
«People have been festering with this anger,» declared Carl Paladino, a conservative real estate developer who was the Republican nominee for governor in 2010 and unsuccessfully encouraged Trump to seek that office in 2014.
Mr. Wright, who chairs the Assembly's Housing Committee, has taken criticism for receiving large donations from real estate developers.
Also set to expire, a tax break for large real estate developers who agree to set aside some of their projects for affordable housing, and mayoral control of the New York City schools.
He's come under regular fire in his first term from Democrats who claim he's out of step with his own party for his positions on labor issues, support for charter schools and coziness with wealthy real estate developers and financial firms.
Buffalo real - estate developer Carl Paladino, who upended the Republican establishment in 2010 to win the GOP primary for governor, has organized a statewide effort to make Donald Trump the winner of New York's April 19 presidential primary, sources tell Inside Albany.
«It's a definite attempt by the union to try to marginalize the present majority, which has refused to sign anything but a reasonable contract with the union,» said the conservative real estate developer, who most recently has been touring the state campaigning for Donald Trump.
Percoco, who left state government in Jan. 2016, is alleged to have taken bribes from an energy company and real - estate developer in exchange for state actions benefitting them.
Jona Rechnitz, 33, a wealthy Brooklyn real estate developer who pleaded guilty in March to charges of corruption, testified at the bribery trial of Norman Seabrook, the former president of the Correction Officers Benevolent Association, on Thursday that he «was giving money to the mayor of New York in exchange for favors.»
State Senator John Flanagan and Assemblyman Carl Heastie, who last year rose to lead their respective legislative chambers after their predecessors were popped by the feds for being in bed with developers, have raised hundreds of thousands of dollars ahead of the 2016 budget season, with donations from key real estate interests.
In the weeks leading up to the election, top de Blasio donor Jona Rechnitz, a Brooklyn real estate developer who pleaded guilty to charges of corruption, alleged that he gave money to the mayor's campaign in exchange for favors from City Hall.
Jona Rechnitz, 33, a wealthy Brooklyn real estate developer who pleaded guilty to charges of corruption, alleged at the bribery trial of Norman Seabrook, the former president of the Correction Officers Benevolent Association, that he gave money to the mayor's campaign in exchange for favors from City Hall.
Regardless of who ends up in Gracie Mansion, an administration change means a strategy adjustment for developers, who have spent more than a decade getting used to Bloomberg's taste in real estate projects as well as how his key appointees — from City Planning Commission Chair Amanda Burden to Department of Buildings Commissioner Robert LiMandri — operate.
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.
Prosecutors have accused him of running two separate schemes, steering real estate developers to a law firm that paid him kickbacks, and funneling state grants to a doctor who referred asbestos claims to a second law firm that employed Mr. Silver and paid him fees for referring clients.
Also set to expire — a tax break for large real estate developers who agree to set aside some of their projects for affordable housing, and mayoral control of the New York City schools.
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