Sentences with phrase «real estate tax breaks»
Real estate tax breaks refer to financial incentives or exemptions granted by governments to encourage investment and development in certain areas, such as low-income neighborhoods. Full definition
The renewal of rent and real estate laws, including a controversial real estate tax break, are being fiercely debated.
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Your age might also qualify you for real estate tax breaks, depending on where you live and your income.
At least 27 clients of Assembly Speaker Sheldon Silver's recently revealed second law firm received state - authorized real estate tax breaks, a Capital New York analysis has found.
On the surface, the dispute centered on arcane state laws governing real estate tax breaks and mayoral control of the city's public schools.
But allies of the mayor described him as stung last week when Mr. Cuomo described the city's plan for real estate tax breaks as a «giveaway» to developers and «unfair» to organized labor, touching a raw nerve for a mayor who prides himself as a defender of the working class.
The Speaker has accepted money from a law firm that specializes in real estate tax breaks.
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.
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.
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.
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 addition, renewing the 421 - a real estate tax break, which expired after lawmakers failed to get a deal last year, apparently isn't happening.
The two most contentious issues of the 2015 legislative session, education policy and real estate tax breaks, drove the biggest spending by lobbying groups in the first six months of the year, according to a report released by the Joint Commission on Public Ethics.
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.»
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.
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.
A pair of left - leaning advocacy groups criticized de Blasio's plan to reform 421 - a — a controversial real estate tax break — calling on the progressive mayor to extract more concessions from the city's powerful real estate industry.
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.
Straight extenders would be a blow to New York City Mayor Bill de Blasio, who's sought changes, as well as labor unions, who want the real estate tax break law changed to require prevailing union wage be paid on all construction projects.
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.