The recent deal struck between Governor Cuomo, REBNY and the Unions on the 421-tax credit resulted in many questions from the industry. We are monitoring the situation closely and will provide ongoing information, as follows:
From Crain's New York Business: An agreement on 421-a would have to be approved by the Legislature Gov. Andrew Cuomo has brokered an agreement between the city's real estate lobby and the building trades union to revive 421-a, a controversial property tax break for developers that the city and many in the industry believe is [...]
New York City Mayor Bill de Blasio signed off on measures under the Build It Back program that officials hope will streamline the effort to address Superstorm Sandy damage still left unrepaired.
The 2016 election cycle has been one of the most tumultuous in recent history not only on the national stage, but in the N.Y. Metro and Long Island regions.
Seeking some kind of way to stem the tide of homeless residents in the city, the de Blasio administration has begun to require buildings that get 421-a tax credits to house homeless families.
Did "Thinking Big" die with Robert Moses? We sure hope not. In the pursuit of infrastructure improvement, quality of life and large-scale innovation, Crain's New York business showcases 12 visions from 12 different firms of projects worthy of Empire State significance
The New York City Council plans to consider legislation aimed at regulating political nonprofits, a move that comes months after Mayor Bill de Blasio disbanded his nonprofit amid criticism from ethics groups
The city is doling out less of its contract cash to businesses owned by minorities and women, a new report by City Controller Scott Stringer found.