Sentences with phrase «in real estate tax breaks»

The Speaker has accepted money from a law firm that specializes in real estate tax breaks.

Not exact matches

Does giving churches lots of tax breaks (real estate tax exemptions are only one of many) hearken back to the Roman Empire in the fourth century, when Christianity was made the official religion of the state?

Contributions are so common at the state level because Albany controls many interests in New York City real estate, from property tax breaks to rent regulation and land use.

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.

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

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.

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.

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 RoIn 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 Roin 421a tax breaks for the mega towers along Billionaire's Row.

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.

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.

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.

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.&raquIn 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.&raquin an ongoing fight over a real estate tax break and said the governor was «not acting like a partner.»

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 also took what he called referral fees from a real estate law firm while he directed tax breaks to two developers, including Glenwood Management, the largest political donor in the state.

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.

Silver also received another $ 700,000 in referral fees from a real estate law firm in an alleged kickback scheme as he directed tax breaks to two developers, including Glenwood Management, the largest political donor in the state.

In the other, Silver tilted real estate legislation on rent - control and tax breaks toward two major developers — one of them Glenwood Management of New Hyde Park — which took tax cases to a longtime Silver friend who secretly shared fees with the speaker.

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.

Cuomo also approved legislation that gave tax breaks to five major real estate developers in New York City.

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.

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 unionIn 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 unionin 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,

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.

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.

Leonard Litwin, a rental - property developer who began with his father's Depression - era plant nursery on Long Island, built a New York City residential real estate empire and paid millions to Republican and Democratic leaders to ensure tax breaks, government financing and favorable rent laws, died on Sunday at his home on Long Island, in Melville.

The real estate industry, which already receives huge tax breaks as it gentrifies communities, also stands to benefit by promoting charter schools and helping them buy up property, or rent, in inner city communities.

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.

I think it would defeat the purpose of a lot of the tax breaks you normally get in real estate (like the depreciation your tax advisor wants).

The new tax law will likely benefit investors in real estate investment trusts and master limited partnerships as a result of a particular tax break afforded to pass - through entities.

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.

NPR reports on Donald Trump's use of tax breaks in building his real estate empire.

The change, which would allow real estate businesses to take advantage of a new tax break that's planned for partnerships, limited liability companies and other so - called «pass - through» businesses, combined elements of House and Senate legislation in a new way.

A version of this article appears in print on November 23, 2017, on Page B3 of the New York edition with the headline: Real Estate Industry Mobilizes to Shield Homeowners» Tax Breaks.

The real estate industry's power in Washington — just think of how well the mortgage interest deduction has survived — will make the tax break tough to dislodge.

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.

Half the donations this year came from real estate companies, many of whom contributed as they were engaged in a behind - the - scenes effort to persuade de Blasio to protect an existing development tax break known as 421 - a.