The Real Deal New York

Posts Tagged ‘Andrew Cuomo’

  • From left: Bill de Blasio and Andrew Cuomo

    From left: Bill de Blasio and Andrew Cuomo

    Gov. Andrew Cuomo and Mayor Bill de Blasio’s public sparring over 421a issues in the past week is just part of a “healthy debate,” Cuomo said in a radio interview Monday.

    “Our personal relationship is not an issue,” Cuomo said in response to prodding by host Susan Arbetter, according to Capital New York. “Bill and I are going to be friends after these jobs are over. That is not to say that I am not going to fight like a Trojan for what I believe.” [more]

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  • From left: Andrew Cuomo and Bill de Blasio

    From left: Andrew Cuomo and Bill de Blasio

    The 421a tax abatement program is causing some trouble in paradise. Tensions are growing between Mayor Bill de Blasio and Gov. Andrew Cuomo, Capital New York reported. The governor has called de Blasio’s proposal to reform 421a “a giveaway to developers,” while the mayor said that response was “disingenuous.”

    “It’s the exact opposite and I think it’s disingenuous of him,” de Blasio told reporters on Saturday, according to Capital. “Obviously the giveaway is that, for decades, the tax credit was given without any qualification.” [more]

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  • Gov. Cuomo, a leaky NYCHA building and a resident of Clinton Houses in East Harlem making a statement to officials (source: NYDN)

    Gov. Cuomo, a leaky NYCHA building and a resident of Clinton Houses in East Harlem making a statement to officials (source: NYDN)

    Tenants and some city officials are fighting Governor Cuomo’s decision to block the New York City Housing Authority from spending $100 million in state funds to repair its roofs. [more]

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  • From left: Andrew Cuomo and Bill de Blasio

    From left: Andrew Cuomo and Bill de Blasio

    In an uncharacteristic move, Governor Andrew Cuomo characterized Mayor Bill de Blasio’s proposed 421a reform package as a giveaway to developers that fails to protect workers.

    “The city has a package that is criticized as being too rich to the developers and a giveaway to the developers, and you’re not paying the workers a fair wage,” Cuomo said Thursday after touring an upstate prison. “That is a very bona fide discussion, and that has to be figured out, or not. And it’s very technical and it’s very controversial.” [more]

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  • LaGuardia Airport

    LaGuardia Airport and Skanska’s Richard Cavallaro

    The Port Authority of New York and New Jersey selected a consortium led by Swedish construction firm Skanska to undertake a $4 billion overhaul of LaGuardia Airport’s Central Terminal.

    The agency announced Tuesday that it had chosen LaGuardia Gateway Partners – a group consisting of Skanska, airport operator Vantage Airport Group and a number of financial firms including Meridiam and Morgan Stanley – to refurbish the 1.3 million-square-foot terminal building. [more]

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  • From left: Bill de Blasio and Andrew Cuomo

    From left: Bill de Blasio and Andrew Cuomo

    Mayor Bill de Blasio traveled to Albany yesterday in a last-minute effort to galvanize the legislature and the governor to act on 421a and rent regulation issues — but told reporters that he saw few encouraging signs of progress.

    “We need action from the other two bodies,” de Blasio said. “In particular, we need the governor to act. We need leadership and we know the governor has been able in the past to make real change here in Albany and get big things done. This is a moment when we need that leadership.” [more]

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  • From left: Andrew Cuomo, Robert Treuber and Benjamin Lawsky

    From left: Andrew Cuomo, Robert Treuber and Benjamin Lawsky

    As the state’s chief financial watchdog plans to step down, he leaves to his successor a decision regarding new controversial regulations on the title insurance industry. [more]

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  • From left: A homeless shelter in New York and Governor Andrew Cuomo

    From left: A homeless shelter in New York and Gov. Andrew Cuomo

    The state is withholding funding from some of the city’s homeless shelters due to poor conditions. [more]

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  • From left: Leonard Litwin and Andrew Cuomo

    From left: Leonard Litwin and Andrew Cuomo

    Under pressure from some constituents to renounce his connection to major political donor Glenwood Management, Governor Andrew Cuomo claimed he never met with the company about rent-regulation issues. But a review of his schedule suggests otherwise.

    Cuomo’s public schedules show that he met with Glenwood executives three times in 2011 to discuss rent regulations, according to Capital New York. [more]

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  • From left: Bill Samuels, Leonard Litwin and Governor Andrew Cuomo

    From left: Bill Samuels, Leonard Litwin and Governor Andrew Cuomo

    Former Democratic fundraiser Bill Samuels is calling on Governor Andrew Cuomo to give back the roughly $1 million in campaign donations he received from Leonard Litwin’s Glenwood Management. [more]

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  • cuomoFederal corruption probes into the practices of state lawmakers are making it difficult for the Legislature to resolve contentious issues — particularly the extension of rent control for New York City, Gov. Andrew Cuomo said.

    “If it was a different time in Albany, frankly, and Albany was [in] a little bit more stable situation, I would normally take these negotiations to Albany and try to work it out among the parties,” Cuomo told business leaders at an Association for a Better New York breakfast. “Albany has a lot going on right now, let’s say.” [more]

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  • From left: Steven Spinola, Leonard Litwin and Andrew Cuomo

    From left: Steven Spinola, Leonard Litwin and Andrew Cuomo

    Members of the Real Estate Board of New York and their firms spent $21.7 million on campaign contributions during the most recent state-level elections, accounting for more than a tenth of the total of donations. [more]

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  • (inset: Andrew Cuomo)

    A Benetti super-yacht (inset: Andrew Cuomo)

    The New York state budget bills passed by the Legislature on Monday night included sales tax breaks on the purchase of private planes and yachts. [more]

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  • Gov.  Andrew Cuomo and Sunnyside Yards

    Gov. Andrew Cuomo and Sunnyside Yards

    The idea of a massive Queens convention center that would replace the West Side’s Jacob Javits Center has foundered before, but now Governor Andrew Cuomo appears to be returning to the concept in the face of Mayor Bill de Blasio’s designs to build affordable housing in the Sunnyside neighborhood. [more]

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  • Gov. Andrew Cuomo and Brookdale Hospital in Brownsville

    From left: Gov. Andrew Cuomo and Brookdale Hospital in Brownsville

    State officials are considering construction of a new medical facility in Brooklyn that could replace the borough’s struggling Brookdale Hospital.

    Following Gov. Andrew Cuomo’s State of the State address yesterday, outgoing budget director Bob Megna floated the idea of a new Brooklyn hospital.  [more]

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  • Andrew Cuomo

    Andrew Cuomo

    Governor Andrew Cuomo said in his State of the State speech today that New York will invest $486 million to help build and preserve low-cost housing in the state.

    About $257 million of those funds would come out of the state’s share of a $13 billion settlement with JPMorgan Chase over mortgage-bond sales, he said. [more]

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  • Cuomo proposes $1.7B property tax break

    January 14, 2015 03:15PM
    cuomo

    Andrew Cuomo

    Governor Andrew Cuomo unveiled a proposal today to provide a $1.7 billion break on New York state property taxes.

    The plan is part of the governor’s proposed state budget. More than 1 million households that own real estate as well as 1 million renters would benefit from the tax relief. The tax break applies to homeowners who earn less than $250,000 per year and pay property taxes that comprise more than 6 percent of their income. [more]

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  • From left: the Albany statehouse, Steven Spinola and Andrew Cuomo

    From left: the Albany statehouse, Steven Spinola and Andrew Cuomo

    As state lawmakers have returned to work and Governor Andrew Cuomo has been inaugurated for his second term, one of the most important issues on the agenda in Albany will be housing related. [more]

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  • cuomo-affordable

    From left: William Murrow and Andrew Cuomo

    The nonprofit New York Housing Conference has proposed that New York Governor Andrew Cuomo create a $1 billion fund for affordable-housing capital.

    The fund, under the aegis of the state Homes and Community Renewal Agency, would offer credit enhancement or loans to developers. The fund would serve as a one-time expense, but all low-interest loans could go back into the fund for upcoming affordable-housing investments. [more]

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  • cuomo-litwin

    From left: Leonard Litwin and Andrew Cuomo

    Glenwood Management CEO Leonard Litwin, the biggest contributor to Governor Andrew Cuomo’s victorious re-election campaign, was also the top donor for the state Senate races. Of the $1.5 million he donated, 79 percent helped Republicans while 9 percent helped Democrats. An analysis by Capital New York showed that Cuomo’s 25 top donors contributed six times as much to help elect Republicans to the Senate as they did to similar effort to help Democrats. [more]

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