Hochul Shelved Undisclosed Plans for Housing Tax Break After Union Outcry
Kathy Hochul proposed an executive order to extend the controversial 421-a tax break. Labor unions shot it down.
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“It would be very helpful, but only for the existing projects, which are a drop in the bucket compared to the scale of the housing crisis.”
“Our union will not support any extension of 421-a unless it is updated to include reasonable labor standards.”
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