Sentences with phrase «for real estate legislation»

Dean Skelos promoted and voted for real estate legislation sought by the developer, including some pertaining to rent regulation and property tax abatements, the complaint said.

Dean Skelos promoted and voted for real estate legislation sought by the developer, including some pertaining to rent regulation and property tax abatements, the criminal complaint said.

Not exact matches

He loudly opposed 1986 tax reform legislation because it shut down tax shelters for real estate investors like him.

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

The change, which would allow real estate businesses to take advantage of a new tax break for «pass - through» businesses, combined elements of House and Senate legislation.

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 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 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 included acts that appeared to meet that standard — pushing legislative grants and backing real estate legislation — and lesser favors, such as trying to get Taub's child a job and helping get a permit for a charity race.

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).

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.

Top officials from Glenwood and Physicians» Reciprocal testified that the senator, who controlled critical real estate and insurance legislation, made nonstop, persistent pleas for them to help Adam.

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.

That the Governor who raised 33 million dollars from real - estate donors and corporate entities before the gubernatorial campaign even started may have allowed undue influence for these entities to lobby and pass legislation they desired as a result of their donations to the Cuomo campaign war chest.

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.

The city's real estate stakeholders got a fresh dose of uncertainty on Wednesday following the four - member Independent Democratic Conference's announcement that it would end its alliance with state Senate Republicans, which has paved the way for pro-business legislation since 2012.

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 suppoFor 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 suppofor tenants, a proposal that benefitted Glenwood Management was in substantial part enacted in real estate legislation in 2011 with SILVER's support.

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

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.

The wealthy real estate folks have relied on upstate hick legislators to pass / block legislation favorable to their interests for over a decade?

But Dean began pulling double duty, using his meetings with Dorego and other real - estate execs to discuss pending legislation and then ask about jobs for Adam at the end.

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.

Mr. Silver, prosecution evidence showed, supported real estate legislation, for example, that benefited the developers.

At trial, prosecutors presented evidence that the elder Mr. Skelos, 68, used his position as majority leader to pressure a real estate developer, an environmental technology company and a medical malpractice insurer — firms that depended on his support as senator for legislation that benefited their interests — to provide Adam Skelos with consulting work, a direct payment of $ 20,000 and a job that required him to do virtually no work.

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.

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 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 unions.

Similarly, Silver put the arm on two major real estate developers who happened to have been regular supplicants for favorable state legislation.

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.»

The new legislation allows real estate professionals to charge a fee, a commission, or a combination of both for the services they offer.

United States About Blog Real Estate Investing Today is the news Site for National Real Estate Investors Association (NREIA) and features updates on Legislation and Market Trends.

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

(As noted in the original article, Manitoba does not have general purpose «functional equivalent of writing» legislation in effect, for real estate or other kinds of document.)

The possibility of financial success and a great return on investment are not typically elements of a solicitor's opinion, but when legislation directly affects the value and cash flow of a property, it is risky for the real estate bar to blithely assume that the impact of the statutory regime is beyond the scope of the purchase or mortgage retainer.

Legislation in particular jurisdictions may require written contracts for some transactions but these tend to be things like real estate related, building related, finance related etc..

Real Estate Roundtable President and Chief Executive Officer Jeffrey D. DeBoer said: «Congressmen Pittenger and Scott are to be commended for recognizing the negative economic impact that the HVCRE Rule is having on acquisition, development and construction lending and for taking steps to introduce legislation intended to correct these problems.

Tips and advice for Real Estate Agents covering mandatory and recommended qualifications, online courses, best practices and legislation in South Africa.

Bankruptcy legislation President George W. Bush signed in April contains NAR - backed provisions that improve the position of landlords and owners» real estate assets when tenants or owners file for bankruptcy.

In September, the association publicly recognized Sen. Kevin Ranker as the organization's 2011 REALTOR ® Legislative Champion for his role as the prime sponsor of legislation that rejected a federal department of revenue interpretation of tax statutes requiring offices to pay business and occupation tax on other real estate offices» commission amounts; it meant taxing a portion of real estate commissions twice.

Proposed new legislation could mean big changes for EB - 5 money, a small, but growing segment of the commercial real estate financing market...

Perhaps it's time for federal legislation banning real estate referral fees of any kind, because they're not in the public's interest.

The current proposals for comprehensive privacy legislation would require nearly all real estate professionals and REALTOR ® Associations to comply with the new rules.

Regardless of the legislation and regulations affecting real estate licensees, it is simply a sound business practice for licensees to practice and be aware of all aspects that can affect the Realtor client / customer relationship.