Sentences with phrase «provision in his abatement»
Assembly Speaker Carl Heastie told reporters this week at the Capitol his conference supports the prevailing wage and Housing Committee Chairman Keith Wright includes the provision in his abatement renewal legislation.
http://www.nystateofpolitics.com/ Not exact matches
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.
Meanwhile, sources told NY1's Zack Fink last night that Republicans were edging toward agreement with the Democratic - led Assembly on including a prevailing wage provision in the 421a tax abatement, which is due to expire in the coming days.
The contributions to the PAC come talk of a revived 421a abatement provision, which lapsed earlier this year when real estate groups and construction labor unions failed to reach an agreement on a prevailing wage measure in the renewal of the law.
The abatement was created in the early 1970s to spur construction during an economic downturn, and was revised in the 1980s to include provisions for below - market housing.
Taylor at the city Department of Buildings called last week's announcement «an impressive legislative package» that complements existing provisions in the mayor's earlier PlaNYC initiatives, such as property tax abatements for green roofs.
This provision is potentially the most effective feature of Local Law # 1 of 2004 in that it contemplates every landlord utilizing the hiatus in time between a tenant moving out and a new tenant moving in to perform certain abatement work which would render the apartment lead free in many respects.
When abatement is denied in these circumstances, it frustrates the intent of the Option to Repair provisions in homeowner policies.