Tag: Andrew Cuomo

Neighborhoods, Real Estate

421-a Tax Abatement Only For Developments Paying Prevailing Wage For Construction Workers

   Developers and construction unions say the new 421a tax abatement is necessary to build new apartments in New York City — but critics disagree. “It’s extraordinarily expensive and it’s taken an inefficient program and made it more inefficient — some more affordable housing units, but mostly it’s just subsidizing […]


De Blasio Clearly Needs Help Fighting Homelessness

– By John Spina For a Mayor who won office based on his vision to combat inequality, De Blasio’s campaign against homelessness has been a failure due to the limited scope of his programs. With few political allies in Albany the prospects for progress appear dim. According to the Coalition […]