Sentences with phrase «for real estate tax breaks»

Not exact matches

There can be numerous advantages to picking one place over another, he said — several states have no income tax, and others have tax breaks on retirement income and on real estate taxes for older residents.

Taxpayers who qualify as real estate professionals generally have been able to get a bigger tax break for those losses, which could prod some people to try passing as one for tax purposes.

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.

Lawmakers are also considering an extension of a tax break for lower Manhattan real - estate that is favored by the Real Estate Board of New York and a provision to bolster New York City police and firefighter pensireal - estate that is favored by the Real Estate Board of New York and a provision to bolster New York City police and firefighter penestate that is favored by the Real Estate Board of New York and a provision to bolster New York City police and firefighter pensiReal Estate Board of New York and a provision to bolster New York City police and firefighter penEstate Board of New York and a provision to bolster New York City police and firefighter pensions.

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.

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.»

According to recent charges made by the United States Attorney's Office, Senator Skelos «is accused of illegally obtaining a $ 20,000 payment for ADAM SKELOS from a large real estate developer dependent on DEAN SKELOS for tax breaks.»

Cuomo has been adept at raising millions of dollars from interests whose businesses are impacted by Albany actions — labor unions, real estate developers, business executives, the health care industry, charter school backers, government contractors, and the film and TV companies that get tax breaks for filming in New York.

In another alleged scheme, Silver was accused of accepting bribes in exchange for enacting tax breaks that helped a Manhattan real estate firm.

For example, when commission investigators sought to review political donations and communications by the Real Estate Board of New York — a trade group whose members include some of Cuomo's biggest donors — in an effort to connect the dots on a valuable housing tax break, the governor's secretary reportedly instructed commissioners not to subpoena the organization.

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.

They include looking at how luxury real estate developers got a tax break secretly buried in a law passed last January, and they refer to e-mails from a trade association that sponsored a fundraiser for Assembly Democrats that specifically said contributions of $ 10,000 per attendee were necessary to get favorable laws enacted and stop «terrible» ones from happening.

Moreland Commission Subpoenas Real Estate Developers for Documents The Moreland Commission to Investigate Public Corruption has issued subpoenas to three high profile real estate developers in an apparent effort to examine whether there is any link between their campaign donations and huge tax breaks that were granted for several luxury apartments in New York CReal Estate Developers for Documents The Moreland Commission to Investigate Public Corruption has issued subpoenas to three high profile real estate developers in an apparent effort to examine whether there is any link between their campaign donations and huge tax breaks that were granted for several luxury apartments in New YorkEstate Developers for Documents The Moreland Commission to Investigate Public Corruption has issued subpoenas to three high profile real estate developers in an apparent effort to examine whether there is any link between their campaign donations and huge tax breaks that were granted for several luxury apartments in New York Creal estate developers in an apparent effort to examine whether there is any link between their campaign donations and huge tax breaks that were granted for several luxury apartments in New Yorkestate developers in an apparent effort to examine whether there is any link between their campaign donations and huge tax breaks that were granted for several luxury apartments in New York City.

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.

Sixty - eight percent said his cuts to school aid and tax cuts would convince them to oppose him, while 67 percent said the Committee to Save New York would keep them from pulling the lever for Cuomo, after the pollsters» described the group as a «shadowy» organization «that raised more than $ 17 million from Wall Street, real estate moguls and other business interests to promote his agenda of education cuts and tax breaks.»

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.

Lawmakers also have to consider the renewal of rent regulations and a major tax break for real estate developers.

In terms of real estate, he will likely go down as one of the most influential politicians to have shaped the city — from vetoing the controversial West Side stadium proposal to shepherding through approval of millions of dollars in 421a tax breaks for the mega towers along Billionaire's Row.

Many CF1NY donors do business with the city, including unions and big real estate developers seeking tax breaks and zoning changes for their projects.

In a 2013 Daily News story, sources accused Silver of quietly slipping the tax breaks for five real estate developers into an otherwise noncontroversial 2013 housing bill that was designed to renew tax abatements for co-op and condo owners and expand protections for tenants of loft buildings.

Critics say the tax bill looms like a «dagger» over New York City — particularly the real estate industry — reducing breaks that many in the region heavily lean on, despite cuts for corporations and the wealthy.

The Daily News reported last fall that Mr. Cuomo's office had reined in the commission when it was trying to investigate tax breaks for the powerful real estate industry, persuading it not to subpoena the Real Estate Board of New York, whose leaders gave generously to the governor's campaigns and supported the Committee to Save New York, a business coalition that spent millions on ads supporting the Cuomo agereal estate industry, persuading it not to subpoena the Real Estate Board of New York, whose leaders gave generously to the governor's campaigns and supported the Committee to Save New York, a business coalition that spent millions on ads supporting the Cuomo aestate industry, persuading it not to subpoena the Real Estate Board of New York, whose leaders gave generously to the governor's campaigns and supported the Committee to Save New York, a business coalition that spent millions on ads supporting the Cuomo ageReal Estate Board of New York, whose leaders gave generously to the governor's campaigns and supported the Committee to Save New York, a business coalition that spent millions on ads supporting the Cuomo aEstate Board of New York, whose leaders gave generously to the governor's campaigns and supported the Committee to Save New York, a business coalition that spent millions on ads supporting the Cuomo agenda.

According to the Times, the Speaker also was paid an undisclosed sum for the past decade from the firm Goldberg and Iryami, which specializes in obtaining tax breaks for commercial and large residential real estate properties in New York City.

It subpoenaed five major real estate developers in connection with a bill that granted special tax breaks for some of their projects.

Silver received $ 700,000 in referral fees from a real estate law firm doing tax appeal work for Glenwood in an alleged kickback scheme as he directed tax breaks to Glenwood, the indictment claims.

As Amazon nears a decision on the location for its second headquarters, it's weighing a number of factors about each city: access to transit systems, the size and makeup of the local workforce, available real estate and tax breaks.

U.S. Attorney Preet Bharara said Silver did no work for the referral fees and used his power as speaker to direct tax breaks to two developers he referred as clients to Goldberg & Iryami, including luxury real estate firm Glenwood Management, the state's largest political donor.

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.

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.

Glenwood Management, the real estate developer both Mr. Silver and Mr. Skelos stand accused of extorting in exchange for tax breaks, has reportedly used puppet LLCs to become the largest donor in the state.

«We disagree with the mayor's proposed housing plan, which we consider a step backwards, extending tax breaks for big developers by a decade and riddled with sweetheart provisions for the real estate industry at the expense of the city's taxpayers and workers,» Melissa DeRosa, a spokeswoman for Cuomo, said in a statement Saturday.

The mayor's plans, backed by the Real Estate Board of New York, propose an end to 421a breaks for condo projects as well as a required inclusionary policy for affordable units to be built in buildings receiving the tax breaks.

De Blasio was also seeking a total overhaul of a tax break for real estate developers — which legislative leaders have agreed to extend for six months.

Lawmakers hope they can wrap up a resolution on the rent laws, and a related property tax cap, as well as a tax break for 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.

The leader of the state Senate, John Flanagan, said he'd allow senators to go home for a few days, after they finish their business Thursday evening, even though there are no agreements with the Assembly or Cuomo on the New York City rent laws, a related tax break for real estate developers, and an education tax credit.

Among those investigations are how luxury real estate developers got a tax break secretly buried in a law passed last January, and they refer to e-mails from a trade association that sponsored a fundraiser for Assembly Democrats that specifically said contributions of $ 10,000 per attendee were necessary to get favorable laws enacted and stop terrible ones from happening.

He was seeking a total overhaul of a tax break for real estate developers, which the Legislature agreed to extend for six months.

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.

DeFrancisco says in the next few weeks it will become clear whether Skelos can indeed be effective as leader, and the Senate negotiates with Gov. Andrew Cuomo, and the Assembly over renewal of New York City's rent control laws and a related property tax break for real estate developers,

According to a subpoena that had been prepared, investigators wanted to examine the real estate board's political donations, its materials related to a valuable tax break for new housing, and its communications with public officials, including phone calls with lawmakers.

At least 27 clients of a real estate law firm that Assembly Speaker Sheldon Silver works for received state - authorized tax breaks from the 421a program — a program that he helped pass.

The New York Daily News followed the campaign donations of New York City real estate developers who won tax breaks for luxury real estate developments in a housing bill.

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.

They concentrated on paying down their $ 250,000 mortgage, which they did in six years, and invested any surplus cash in RRSPs — «mainly for the tax breaks,» says Raj, who prefers real estate investing.

If you're ready to buy your first home, low interest rates, lingering real estate sales, depressed home values, and a new tax break for first time homebuyers may make this the best time EVER to buy!

Your equity is the difference between what your home would sell for (after real estate commissions, legal fees, outstanding property taxes and any penalties to break your mortgage) and the amount owing on your mortgage.

Tim Hudak, the relatively new CEO of the Ontario Real Estate Association, had been calling for land - transfer tax breaks.

The IRS gives donors who contribute appreciated property, like securities and real estate, two tax breaks: a charitable deduction for the full fair market value of the asset, and no capital gains tax on the transfer to American Rivers.

As Bloomberg News reports, the Tax Reform Act will be very good for rental property owners and landlords if they do business via pass - through entities — real estate investment trusts, partnerships, limited liability companies, and S corporations — all of which are set to get big tax breaks in the ATax Reform Act will be very good for rental property owners and landlords if they do business via pass - through entities — real estate investment trusts, partnerships, limited liability companies, and S corporations — all of which are set to get big tax breaks in the Atax breaks in the Act.