Sentences with phrase «of abatements for»

Not exact matches

«You're more likely to get something like a 25 percent rent abatement for the next six months than getting your rent reduced for the rest of the lease.»

Better still for Nevada, the two sides seemed to have reached agreement on the crucial provisions: a generous 20 - year package of 100 % tax abatements, conditioned on specific levels of investment and job creation.

Withdrawals from tax - deferred accounts are taxable income, and can trigger a huge hit on your Social Security Income, and finally (d) income management for ancillary benefits in retirement such as various localities» property tax abatements for seniors of sufficiently low income.

And it is this abatement of the great distortions that have caused growth to slow so rapidly, and although we haven't seen much evidence of significant rebalancing yet, it should take a few years for the effects fully to be worked out.

The Public Accounts of Canada and the Annual Financial Report include the recoveries under the Youth Allowance Program and the federal tax abated under the Alternative Payments for Standing Programs as part of the Quebec Abatement since 2010 - 11.

Deployment of CCS will drive learning, and the lowered future abatement costs from deploying a new technology will benefit Alberta, and so it makes sense in this case for the government to bear some of the costs of this risky investment.

A decline in the holdings of physically backed gold ETFs would be a stronger indication of an abatement of the bull market in gold were it not for the fact that these holdings have been on the decline since last summer.

The objectives of the report were to understand the technology options Australia has at its disposal to meet its emissions abatement commitments under the 2015 Paris Agreement as well as provide new economic opportunities for Australian industry.

We partnered with the Department of Environment & Energy to develop a comprehensive analysis of the technology options available to help Australia meet its emissions abatement targets and create new opportunities for Australian industry.

Legislative leaders, meanwhile, have been hesitant in speaking with reporters, even when it comes to providing routine updates on a variety of issues due to expire in the coming days, including rent control for New York City as well as the 421a tax abatement.

The mayor sought an expansion of affordable housing under an abatement renewal and did not include a prevailing wage component, but for service workers.

As Democratic Mayor Bill de Blasio continues to push for his version of the renewal of the 421a tax abatement, Assembly Speaker Carl Heastie on Tuesday reiterated the support of his conference for a prevailing wage component.

We support candidates who are best suited to advance the causes of the city and state like any other taxpayer,» said George Arzt, spokesman for Extell Development Corp when asked if he thought its contributions helped get these abatements signed into law.

Policy agendas for important issues like the 421a tax abatement and New York City rent laws are being set by publicly elected leaders who have become dependent on the real estate industry's onslaught of millions of dollars in campaign contributions.

Silver was responsible for inserting the tax breaks into the legislation, and Cuomo signed the bill two days after receiving $ 100,000 from Extell, whose One57 was one of the locations receiving an abatement.

In the months leading up to a state - imposed negotiations deadline in January, the Real Estate Board of New York and union leaders came tantalizingly close to coming up with a deal to renew 421a, the controversial tax abatement program for new developments.

De Blasio traveled to Albany in June to lobby for an extension of mayoral control, as well as changes made to the 421a tax abatement and an extension and strengthening of rent control laws in New York City.

At the same time, Cuomo distanced himself from the mayor's push to expand affordable housing opportunities under the 421a tax abatement extension, frequently citing the AFL - CIO's concerns about the lack of a prevailing wage provision for the construction sector.

The abatement would continue for an additional three and a half years if the Building Trades Council and the Real Estate Board of New York, representing developers, could reach a deal on new pay floors.

Gov. Andrew Cuomo, Assembly Speaker Carl Heastie and State Senate Majority Leader John Flanagan today debuted the «framework» of a deal that will extend the city's rent regulations and the controversial 421a tax abatement for six months — with some tweaks to the former, and potential for the latter to last through 2019 if the real estate industry and labor reach an agreement on construction wages.

The disabled child rate is payable if: · disability living allowance, personal independence payment or Armed Forces Independence Payment (AFIP) is payable for the child or is normally payable but has ceased because they are a patient in hospital; or · they are certified as severely sight impaired or blind by a consultant ophthalmologist, or has ceased to be registered or certified blind within 28 weeks immediately preceding the date of claim The severely disabled child rate is payable if: · the highest rate care component of disability living allowance or the enhanced daily living component of personal independence payment or any component of armed forces independence payment is payable for them or would be payable but for suspension or abatement due to hospitalisation 3.

Although the county is responsible for abatement, high lead levels in blood has become a major area of concern, particularly in the city.

The law provides a partial tax abatement for victims of the storm whose homes were damaged and then repaired, increasing the property's assessed value and in turn the tax bill.

And whereas IDA sales tax abatements typically cover the costs of construction materials and equipment purchased to initially outfit the building, Yahoo will receive the tax exemption on equipment purchases for 20 years.

421a requires developers in certain parts of the city to subsidize 20 percent of their units for low and middle income New Yorkers in return for the tax abatement.

Of all the issues that dominated legislative debate in last year's session, rent control and 421 - a tax abatements had the most potential to drive a spike in donations from one sector; the fact that contributions from the biggest real estate developers ebbed made it difficult for 2015 to compete with prior years.

For more than a year, the 421a abatement that saves developers big in taxes and creates some affordable housing has been unavailable for new development projects, following a sunset of the previous law in January of 20For more than a year, the 421a abatement that saves developers big in taxes and creates some affordable housing has been unavailable for new development projects, following a sunset of the previous law in January of 20for new development projects, following a sunset of the previous law in January of 2016.

Assistance in the forms of incentives — tax abatements, low interest loans, and bond financing — enhances the opportunities for job creation and retention by our businesses.

The plan calls for the creation of low - equity housing cooperatives, reinvesting in NYCHA housing, developing community land trusts, creating tax abatements for developers and entrepreneurs who bring business into Central Brooklyn and hire local residents must be encouraged to hire locally, offering quality careers to residents and a moratorium on wealthy developers being allowed to buy up apartment buildings and leave the units vacant.

ALBANY — Governor Andrew Cuomo and the leaders of both houses of the State Legislature announced a «framework» for a deal Tuesday on several outstanding issues, including rent regulations, the 421 - a tax abatement program, mayoral control of New York City's schools and the education tax credit.

The conflict between the City of Syracuse and Onondaga County over tax abatements for the development of the Inner Harbor of the city has raised questions about the working relationship between the mayor and the county executive.

ALBANY — New York City mayor Bill de Blasio chided the State Senate and Governor Andrew Cuomo on Wednesday for what he said was their lack of leadership on his proposed reforms to rent regulations and the controversial 421 - a tax abatement program.

Martins» legislation mandates that any developer receiving the 421 - a abatement would have to pay workers the prevailing wage for projects with more than 50 units where less that 50 percent of the units are priced as affordable.

That a four - decade - old tax abatement program — one that helped subsidize the construction of this 1,000 - foot - tall tower, where a unit recently sold for $ 100 million — be eliminated.

Finally, REBNY and the Building and Construction Trades Council of Greater New York — the umbrella organization for the city's union hard hats — reached a framework agreement on issues such as wages and the length and value of the tax abatement in November 2016.

I am pleased the Erie County Industrial Development Agency recently approved a new round of tax abatements in an effort to show community support for GM and to provide the necessary incentives to make this project a reality.»

Mayor Bill de Blasio has drawn the ire of the national AFL - CIO for his refusal to support a prevailing wage requirement for construction workers in a controversial tax abatement program that's up for renewal.

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.

Building 3, currently undergoing asbestos abatement, will be converted to a consolidated day care that would also offer after - school and summer program for a total of 275 children.

Silver stepped down from his post after he was arrested on Jan. 22 for allegedly reaping $ 4 million in kickbacks from law firm Goldberg & Iryami, including some stemming from referrals of real estate developers seeking tax abatements, Bloomberg News reported.

Gov. Andrew Cuomo meanwhile blamed three key issues: A dispute over post-release supervision as part of raising the age of criminal responsibility, funding for charter schools and a real - estate tax abatement.

As a revival of the 421a real - estate tax abatement comes under fire for subsidizing union wages, Gov. Andrew Cuomo on Monday defended the proposal.

Major details of the agreement are still unknown, including how a new threshold for major capital improvements for landlords would work, and whether a six - month extension of the 421 - a tax abatement program is a straight extension or hews more closely to an earlier idea proposed by New York City Mayor Bill de Blasio.

Also at 2 p.m., Sen. Tony Avella and Assemblyman Edward Braunstein officially announce the passage of legislation in the Senate and Assembly expanding the J - 51 tax abatement program for middle class co-op and condo owners, Glen Oaks Oval, 260th St., Glen Oaks, Queens.

Developers blame the feud for the lapse of the tax abatement program in January, which has hamstrung new projects and put a damper on the city's investment sales market.

As the Republican - led Senate introduces legislation that could be the basis for a «big ugly» compromise on the 421a tax abatement, the coalition of organizations pushing for a prevailing wage is distancing itself from SEIU 32BJ's opposition to the measure.

Speaking to the New York state AFL - CIO on Monday, Gov. Andrew Cuomo pushed for the renewal of the 421a real - estate abatement, saying it must include a prevailing wage provision in the «union town» that is New York City.

But despite an end - of - session slate of bills passing that included needed extensions for rent control, the property tax cap, the 421a tax abatement and mayoral control of New York City schools, it's likely unresolved policy questions will linger through the rest of the year.

Meanwhile, Cuomo called for an extension of rent control regulations for New York City as well as the 421a real - estate tax abatement, which he called crucial to affordable housing.

For starters, there's still the question of the 421a tax abatement and what changes will be made by January that both labor unions and developers can agree upon when it comes to the prevailing wage.