Sentences with phrase «with city subsidies»

Still, his administration has insisted the current plan is the only way to create the most below - market apartments possible — developers simply can't afford to build any more or any cheaper, even with city subsidies.

Not exact matches

Mayor Sly James has announced Launch KC, a city - sponsored initiative to attract more startups with such enticements as cheap office space and equipment subsidies.
China's richest man, on a buying spree in Hollywood, urged U.S. filmmakers to work more closely with the Asian country as he unveiled a subsidy meant to lure productions to his multi-billion dollar studio in the eastern Chinese city of Qingdao.
Critics of Amazon's approach said it would set off a race to the bottom, with cities and states trying to offer the biggest subsidy packages they could muster.
Sure they do get punished, but tell me how the monetary punishment and reduced CL squad stopped PSG from spending 400 million euros last year, or why the # 400 million Etihad sponsorship deal with Man City was not flagged as a state subsidy or maybe how RM and Barca getting subsidised by their regional banks is not an abuse of the rules if not breaking them.
Ferguson concluded that Maggie Daley's charity was benefiting from its ties to City Hall, but he stopped short of saying those developers who were awarded taxpayer subsidies were buying influence with the former mayor.
To help mitigate rising utility costs and preserve affordability, the City will launch a new program to targeting mid-size and small buildings — in concert with local utilities and existing subsidy programs — to encourage energy and water - use retrofits in exchange for affordability commitments from building owners.
NEW YORK, NY — The City Council wants to offer subsidies to halve subway fares for poor New Yorkers, a move likely to spark renewed debate with Mayor Bill de Blasio.
Initial route service will be funded with a $ 55 million capital commitment from the city and is expected to cost $ 10 to $ 20 million annually in city operating subsidies.
E.J. McMahon with the Empire Center, a fiscal watchdog group, say there might be some positive political fallout if the attention on the criminal charges cause New Yorkers to look more closely at some of the big projects now financed with public dollars, like the $ 750 million subsidy to the Solar City factory in Buffalo, run by Tesla chair Elon Musk.
LOWER MANHATTAN — A city agency approved about $ 84 million in subsidies Tuesday to help Fresh Direct build a new headquarters in the South Bronx, silencing objections with promises of hundreds of jobs and millions of dollars in tax revenue.
In response to a follow - up question from Gotham Gazette, Stringer's spokesperson said that the current city housing plan is not geared enough toward those in deeper poverty and with current subsidies favoring low - income households, those with extremely low - income or virtually no income face even more pressure, especially when the rezonings are taken into consideration, given that they can risk furthering the threats of displacement.
COXSACKIE — Fresh off an apparently acrimonious interaction with Bill de Blasio in Albany, Governor Andrew Cuomo is now faulting the New York City mayor for favoring developers over labor unions in his proposed tweaks to a real estate subsidy program.
Cuomo, who had pushed for the revival of 421a earlier in the day at a gathering of the AFL - CIO in New York City, said the now - lapsed program is one big subsidy to begin with when asked whether such a move would be unprecedented in its scope.
Half of the units were slated to be affordable under the deal struck between with developers that included city subsidies, according to Politco New York.
The proposed law requires that businesses accepting $ 1 million or more in city subsidies pay their workers at least $ 11.50 an hour, or $ 10 with benefits.
But Kellerman said the proposal, along with the language requiring the city to provide full capital funding for the subway and bus systems, «are an attempt to impose an onerous cost shift onto New York City residents and businesses, who already pay an estimated 72 % of MTA dedicated taxes and subsidies.&racity to provide full capital funding for the subway and bus systems, «are an attempt to impose an onerous cost shift onto New York City residents and businesses, who already pay an estimated 72 % of MTA dedicated taxes and subsidies.&raCity residents and businesses, who already pay an estimated 72 % of MTA dedicated taxes and subsidies
With an agreement on a final New York City budget due by the end of June, the growing Strong Economy for All coalition of nearly 20 City Council members, unions and social service advocacy groups announced a «People's Budget» plan at a June 21 rally on the steps of City Hall that calls for a millionaire's tax and an end to corporate subsidies and tax loopholes.
Dismayed by their declining dominance, the city's construction unions have sought to require any projects with government tax breaks or other subsidies be built by companies paying «middle class,» or union wages.
Mayor Bloomberg yesterday laced into a City Council proposal to require developers getting city subsidies of $ 100,000 or more to pay employees $ 11.50 an hour, or $ 10 with benefCity Council proposal to require developers getting city subsidies of $ 100,000 or more to pay employees $ 11.50 an hour, or $ 10 with benefcity subsidies of $ 100,000 or more to pay employees $ 11.50 an hour, or $ 10 with benefits.
In the waning days of 2013, with Bloomberg on his way out of City Hall, a deal was cut: Empire Outlets would receive $ 50 million, mostly in city subsidies, and the powerful Building Trades Council would support the mayor's (ultimately unsuccessful) plans to re-zone areas of east midtown, in ManhatCity Hall, a deal was cut: Empire Outlets would receive $ 50 million, mostly in city subsidies, and the powerful Building Trades Council would support the mayor's (ultimately unsuccessful) plans to re-zone areas of east midtown, in Manhatcity subsidies, and the powerful Building Trades Council would support the mayor's (ultimately unsuccessful) plans to re-zone areas of east midtown, in Manhattan.
«We've secured a strong new program with most of the reforms we sought: requiring affordable housing in every corner of the city, doubling the number of affordable apartments produced, and slashing the subsidy per apartment dramatically,» de Blasio said.
According to documents filed with ESD, Triangle Equities has committed equity for 10 percent of the $ 209 million project — while seeking the $ 16.5 million in subsidies from the state, $ 6.2 million from New York City, $ 10.1 million in federal tax credits and $ 131 million in loans, as well as other unspecified tax equity and subsidy programs.
The Coalition for the Homeless, joined by community groups and labor unions, crafted the proposal, which calls for 10 percent of city - subsidized new housing to be set aside for the indigent along with at least 2,500 of the New York City Housing Authority «s yearly vacancies, a new city and state program to create 30,000 units of housing for homeless people with substance abuse issues and mental disorders, and greater subsidies from Albany to assist struggling rentcity - subsidized new housing to be set aside for the indigent along with at least 2,500 of the New York City Housing Authority «s yearly vacancies, a new city and state program to create 30,000 units of housing for homeless people with substance abuse issues and mental disorders, and greater subsidies from Albany to assist struggling rentCity Housing Authority «s yearly vacancies, a new city and state program to create 30,000 units of housing for homeless people with substance abuse issues and mental disorders, and greater subsidies from Albany to assist struggling rentcity and state program to create 30,000 units of housing for homeless people with substance abuse issues and mental disorders, and greater subsidies from Albany to assist struggling renters.
Under the Bloomberg administration, the city terminated subsidies to six Nycha developments, leaving the agency with a shortfall of $ 240 million until 2010, when the developments were federalized.
And for decades, the city and state financed a small pool of Nycha developments until those subsidies were phased out, burdening the agency with having to finance those buildings.
Coupled with increased transmission infrastructure, favorable policies, subsidies, and renewable energy goals in states and cities, it's becoming more common to see wind, solar, hydropower and biomass use.
Marrying bike - sharing with carbon trading Like most Chinese cities, Shanghai mainly runs its bike - sharing program with government subsidies.
Deed of Trust and Loan Agreement Provisions: The City's First Time Homebuyer Program requires that units assisted with HUD HOME funds remain affordable to low - income purchasers for the stated term of compliance and until the unit is sold and the HOME subsidy is recaptured.
The study's co-author, David Macdonald, said the data, which was acquired from cities and regions in late 2013 and 2014, show that the cities with the most affordable daycare rates were those that offered subsidies.
With endorsement from the LA City Council, the program operates two high volume pet adoption centers and a spay - neuter facility, as well as managing shelter surrender intervention programs, providing subsidies for incentivized adoptions, economically targeted spay / neuter services and transportation programs.
With the foundations of Macao's tourism industry firmly in place, the Government of Macao SAR in 2011 launched a directive to add further impetus to the growth of the city's travel and leisure sectors, including subsidies to local tourism - related businesses.
Mayor Giuliani - a Roman Catholic - has said he will carry out his threat to cut the museum's $ 7m city subsidy on Wednesday morning because of the gallery's determination to proceed with the show.
Any Jersey City employer that signs up by October 1st will be designated a charter member, with the opportunity to extend a 50 % or 100 % subsidy to every employee.
While the details have yet to be finalized, city council plans on replacing automobile transportation in the city centre with alternatives that include 60 kilometres of new bike lanes, a new subsidy for the purchasing of e-bikes and a significant expansion of its already - robust public transit system.
Both buildings are in the Central Loop tax increment - financing district, and Mittal executives have talked with city officials about potential public subsidies, sources said.
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