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.
“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.”
While New York City’s public campaign finance system endures scandals, the state won’t audit the majority of campaigns.
After DA Sandra Doorley berated a police officer, Hochul referred her to a commission that is yet to become active — and lacks the authority to issue discipline.
A version of good cause eviction and new hate crimes are in; new taxes on the wealthy and education cuts are out. Here’s where things landed in this year’s budget.
It’s the first step New York has taken to address its housing shortage in years — but tenant groups are fuming and real estate wants more.
As real estate developers resist wage guarantees and try to roll back tenants’ rights, a potential budget deal is at an impasse.
What are industrial development agencies?