Sentences with phrase «real estate tax break»

He admits a six - month extender of the real estate tax break is under consideration, because he says he does not want to see a program that provides some affordable housing «expire.»

Governor Cuomo, who has received millions from developers, including Glenwood, as well as from labor unions, concedes that any deal forged to change the real estate tax break, known as the 421a provision, could be misconstrued.

Also linked to the debate over rent stabilization is a real estate tax break that saved New York City developers more than $ 1 billion last year.

The renewal of rent and real estate laws, including a controversial real estate tax break, are being fiercely debated.

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.»

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.

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.

A pair of left - leaning advocacy groups criticized Mayor Bill de Blasio's plan to reform a controversial real estate tax break, calling on the progressive mayor to extract more concessions from the city's powerful real estate industry.

On the surface, the dispute centered on arcane state laws governing real estate tax breaks and mayoral control of the city's public schools.

At least 27 clients of Silver's recently revealed second law firm received state - authorized real estate tax breaks, a Capital New York analysis has found.

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

And he said he received most of what he wanted regarding the real estate tax breaks, which will lead to the addition of tens of thousands of units of affordable housing.

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.

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.

«The job comes with many risks, including the ability to repay, cost of maintenance, plumbing repairs needed, electric blackouts, appliances that break, local and state regulations, fire codes, and taxes and insurance required,» says Arik Kislin, real estate developer and CEO of New York City - based Linx Industries.

Tales of family farms and businesses broken up to pay the estate tax are basically rural legends; hardly any real examples have been found, despite diligent searching.

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?

(Onlyin California have country clubs gotten a break on real estate taxes: a yearago voters approved an amendment to assess club land at the rate specified forrecreational purposes rather than at building value.)

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.

At 2 p.m., Tax Equity Now New York (TENNY), a newly formed coalition of homeowners, civil justice organizations, and real estate leaders dedicated to fixing New York City's broken property tax system will make a major announcement, City Hall steps, ManhattTax Equity Now New York (TENNY), a newly formed coalition of homeowners, civil justice organizations, and real estate leaders dedicated to fixing New York City's broken property tax system will make a major announcement, City Hall steps, Manhatttax system will make a major announcement, City Hall steps, Manhattan.

While Mayor Bill de Blasio urged Albany to renew 421a, Gov. Andrew Cuomo and the Real Estate Board of New York met behind closed doors to discuss the tax break.

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.

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.

I don't have a problem giving real estate developers a tax break.

Lawmakers hope to end their session next month after voting on whether to renew or modify New York City's rent regulations and a tax break given to developers of Manhattan real estate.

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.

Yesterday, the Wall Street Journal reported State Assembly Speaker Sheldon Silver might refuse to extend a tax break benefiting real estate developers unless Republicans agree to strengthen rent control legislation.

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.»

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.

The governor also received $ 120,000 from two LLCs tied to Fisher Brothers, a New York City real estate firm that benefitted from lucrative tax breaks that were tucked into a 2013 housing bill Cuomo signed into law.

With negotiations over the expired 421 - a property tax break making progress, the city's real estate lobby is turning its attention to another longstanding issue: Property tax reform.

Everytime some real estate developer gets a property tax break, the rest of us have to pick up more of the slack.

«It means while all of us are struggling to shoulder our share of the Governor's burden, his «special interests» — the wall street bankers, real estate tycoons and ultra rich business owners who make up his Committee to Save New York - will get a great big tax break!»

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.