Sentences with phrase «of the abatements from»

It would extend the length of the abatements from 25 years to 35 years, mandate that all rental projects receiving the subsidy include affordable housing in their project and, like de Blasio's proposal, gives developers three options for affordability.

Not exact matches

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.
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.
Training grants, revenue grants and real estate tax abatements are a few of the economic incentives the city offers start - up businesses which have helped hundreds spouted up in Jacksonville or relocate from other states.
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.
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.
Cuomo is right that de Blasio's plan would be a boon to landlords in at least one respect: The mayor, to try to spur construction of cheaper apartments, proposes extending the 421 - a tax abatement from the current 15 or 25 years to 35 years.
Administration auditors from the Department of Investigation later said her testimony was incorrect: few had the proper certifications, and the abatements were mostly done by workers lacking correct credentials.
The lawyer, who handled much of Glenwood's political work, said the company hoped to obstruct the passage of campaign finance reform laws, see the controversial 421a tax abatement renewed, obtain a favorable tax cap on revenue from apartment buildings and to prevent Democrats from taking control of the State Senate and giving control of the New York City rent laws from Albany to the City Council — which Mr. Dorego compared to «an atomic bomb.»
«As our work to rebuild and recover from Sandy continues, this tax abatement will help homeowners hit hard by the storm keep more of their hard earned money,» Lanza said.
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.
He said negotiations failed around three major issues, including raising the age of criminal responsibility from 16 to 18, a potential cost shift from public schools to charter schools and a real estate tax abatement program in New York City.
De Blasio's proposal to renew 421 - a would increase the allowable length of a tax abatement from 25 years to 35 years and require more service workers in subsidized buildings to be paid a prevailing wage.
He also extolled the virtues of the separate plan he put forward in 2015, which barred all condo projects from receiving the tax abatement.
Rubin, who will soon take over as the state's director of operations, said the latest proposal to revive the tax abatement — now officially dubbed Affordable New York — mostly springs from the legislation passed in June 2015.
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.
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.
But de Blasio also said he secured no commitments from top state lawmakers and the governor on a host of issues, including mayoral control and rent control regulations as well as the 421a tax abatement reforms he is seeking.
A number of key issues ranging from mayoral control of New York City schools, to rent control and the 421a tax abatement, are due to expire this month.
A coalition of business entities ranging from the Business Council to Unshackle Upstate are pushing back against an effort to include a prevailing wage component in the renewal of the 421a tax abatement.
But Gov. Andrew Cuomo said that any future deal leading to a permanent renewal of the abatement must include some form of prevailing wage requirement for construction workers on projects benefitting from 421a — namely buildings with more than 15 units.
ECIDA members also approved a request from Buffalo developer Rocco Termini for a total of $ 131,000 in tax abatements for two downtown Buffalo restaurant projects.
Along the way, he set himself up to enjoy the tax benefits of moving his personal cash into those same businesses, which get lots of abatements and credits from the taxpayers.
Government filings also suggest there will be testimony on matters ranging from lobbying on big - ticket items like rent regulation and real estate tax abatements, to Silver's killing of a Manhattan drug treatment clinic and $ 10 million in campaign contributions from New Hyde Park - based Glenwood Management, one of the real estate developers he allegedly shook down.
That «abatement» money has still not been paid, nor has the other six months of missed rent from 2013, a OGS official said.
That much - desired increased abatement period comes in exchange for developers upping the amount of affordable units they're setting aside from 20 percent to 25 percent or 30 percent.
Property tax abatements for the building were due to expire in 2008, but Delaware North obtained an additional seven years of tax breaks from the ECIDA for the portion of the building it occupies.
In addition to tax abatements from the ECIDA, Paladino has also applied for $ 1.6 million in Historic Tax Credits to aid in the expensive and complex task of landmark building.
The ECIDA has a track record of supporting charter school projects, previously approving tax abatements for five others, including Enterprise Charter School which started off as a tenant of the agency at its Oak Street campus and recently purchased its portion of the site from the ECIDA.
The defendants were charged with criminal conspiracy, obstruction of public servant from performing his lawful duties, abatement and assault on police officers, offences said to be contrary to sections 97, 85, 267 and 173 of the Penal Code Law.
The state senator on Monday is sending a letter to the New York State Department of Homes and Community Renewal's commissioner RuthAnne Visnauskas urging her to inform tenants if the agency suspects their apartments were illegally removed from rent stabilization under the J - 51 tax abatement program.
Odour problems may be reduced by locating pig farms far away from neighbours or by using different technical abatement solutions such as different pig house designs or application of an air filter.
For the first time is has been demonstrated that measurements of odorants in the air may be an alternative to dynamic olfactometry that can be applied for measuring odour from pig houses and the effects of odour abatement technologies.
But, according to Klaus Hubacek of the University of Maryland and colleagues, the richest and most sophisticated regions of China — those with the most stringent and specific pollution abatement targets — are buying manufactured goods from places like Inner Mongolia, a poorer region where targets are less constraining.
The countries are aiming to set up a so - called Methane Abatement Facility with pledges of $ 100 million under the auspices of the World Bank to buy and cancel carbon credits, initially from projects that cut emissions at landfill waste sites.
When considering options for using CERs from registered projects, a key question for policy makers is whether the projects are likely to continue greenhouse gas (GHG) abatement even in the absence of CDM revenues or whether they are vulnerable of discontinuing abatement.
«Due to its modular design and tunability, this framework can be used in various fields from the synthesis of important chemical products, to pollution abatement.
The results indicate that, if CERs are accepted as eligible units of compliance under CORSIA without any restrictions, the demand for offset credits from international aviation to 2035 is unlikely to either materially impact the current price level for CERs or alter the overall level of greenhouse gas abatement undertaken.
As a result of complaints from neighbors, the state health department ordered the school to abide by a strict noise - abatement plan.
They also learned about the dangers of lead and asbestos from our abatement professionals.
Talking of trackdays, it seems the politically correct loony councils are going from bad to worse regarding noise abatement orders.
This is the largest investment in the US since the new Company was formed in June 2009 and was aided by the approval of a tax abatement from the city of Kokomo.
He's been given the mandate to revive a brand that has struggled to claim its share of online sales, notably from Amazon (amzn), and that has not capitalized on the stabilization of print book sales in the U.S. following the abatement of the e-book boom.
Taxpayers may request a penalty abatement on the basis of 1) an administrative waiver (i.e. bad advice from a tax practitioner), 2) reasonable cause (i.e. a death in the family), or 3) an IRS error.
Caesar B. Pattarini was awarded The Cooper Union's Professional Achievement Award, the Port Authority's Executive Director's Award of Achievement for work on aircraft noise abatement, and a Certificate of Appreciation from the U.S. Air Force for his work in the field of aircraft noise abatement.
«Civic Art: Four Stories from South Los Angeles» was Commissioned by Los Angeles County Arts Commission Civic Art Program Open Space Graffiti Abatement Project in collaboration with Office of Supervisor Mark Ridley - Thomas, 2nd District, County of Los Angeles Department of Parks and Recreation, County of Los Angeles Public Library.
Along with lead abatement wall works and a bioremediation project in the ventilation system of the gallery, Assiff painted pictures of «Hyperaccumulators», plant life used to suck metals and toxins from soil no longer viable due to manufacturing.
This is because the damage from these latter pollutants is huge and the degree of abatement most agree is necessary is also large, i.e., 90 - 99 %.
Personally I do NOT favor that, because it is so difficult to say what the «right» level is and right level of abatement is, compared to determining the damage from a ton of NOX, SO2, or mercury.
Carbon dioxide data from Pieter Tans, «Trends in Atmospheric Carbon Dioxide — Mauna Loa,» NOAA / ESRL, at www.cmdl.noaa.gov, viewed 16 October 2007, with historical estimate in data from Seth Dunn, «Carbon Emissions Dip,» in Worldwatch Institute, Vital Signs 1999 (New York: W. W. Norton & Company, 1999), pp. 60 — 61; fossil fuel emissions calculated from International Energy Agency, World Energy Outlook 2006 (Paris: 2006), p. 493; deforestation emissions from Vattenfall, Global Mapping of Greenhouse Gas Abatement Opportunities up to 2030: Forestry Sector Deep - Dive (Stockholm: June 2007), p. 27.
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