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 is going to stay mum on the future of 421a. At least for now.

    Lawmakers will continue to discuss the policy’s fate over the coming months after reaching a last-minute deal on the matter in Albany in June, according to Capital New York. While Cuomo weighed in during those negotiations, he is changing course now.  [more]

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  • Rendering of LaGuardia Airport's redesign (credit: office of Governor Andrew Cuomo)

    Rendering of LaGuardia Airport’s redesign (credit: office of Governor Andrew Cuomo)

    Governor Andrew Cuomo announced a complete overhaul of one of the world’s worst airports on Monday, including plans for a new central terminal and two new adjoining terminals — but declined to give specifics about projected cost. Experts think the plans at LaGuardia could take 10 years and cost $8 billion. [more]

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  • rent-rally-

    A recent rent rally in Albany

    More than a dozen lawmakers are urging Gov. Andrew Cuomo to enforce the new rent regulation law, a move they say would drastically reduce the number of apartments subject to vacancy decontrol. [more]

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  • Andrew Cuomo and Kiryas Joel, New York.

    Andrew Cuomo and Kiryas Joel, N.Y.

    A developer in the Orange County neighborhood of Kyras Joel ranks as Governor Andrew Cuomo’s top political donor in 2015, with $250,000 in contributions made less than a week after the governor blocked a bill that would have limited development in the upstate Hasidic village. [more]

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  • From left: Leonard Litwin and Andrew Cuomo

    From left: Leonard Litwin and Andrew Cuomo

    “Developer 1″ is no longer in first place.

    Leonard Litwin’s Glenwood Management, the biggest campaign contributor during last year’s election cycle, slashed its donations in the first half of this year, according to Capital New York. The company donated just 6 percent of what it did during the same time in prior years. [more]

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  • From left: Marc Holliday and Andrew Cuomo

    From left: Marc Holliday and Andrew Cuomo

    The campaign cash isn’t flowing like it once did for New York Governor Andrew Cuomo. The governor has only raised $5 million through June.

    Real estate companies and developers were among the key donors, with eight limited liability companies affiliated with Unique Management contributing a total of $200,000. [more]

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  • From left: Andrew Cuomo and Bill de Blasio

    From left: Andrew Cuomo and Bill de Blasio

    On Wednesday, Governor Andrew Cuomo responded calmly to Mayor Bill de Blasio’s accusations of his using vengeful tactics.

    “You know what – I’ve known Bill, the mayor, a long time. I consider him a friend. He says what he says. I say what I say. And I’ll let him speak for himself,” Cuomo said. [more]

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  • From left: Carl Heastie, Andrew Cuomo and John Flanagan

    From left: Carl Heastie, Andrew Cuomo and John Flanagan

    Gov. Andrew Cuomo announced a deal with state lawmakers Tuesday on a six-month extension on the 421a property tax abatement and a four-year extension of rent regulations for rent-stabilized apartments. [more]

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  • From left: Andrew Cuomo and Michael McKee

    From left: Andrew Cuomo and Michael McKee

    A bill introduced by the New York state Assembly calls for a two-year extender of current rent laws. But Governor Andrew Cuomo is saying he is surprised by that proposal’s lack of ambition, and that he has been fighting hard behind the scenes to strengthen rent regulations.

    Cuomo called tenant advocate Michael McKee on Friday night and said he was jarred by the Assembly’s bill, which he sees as a weak response when those on the tenant advocacy side have been calling to ramp up the rent laws, according to Capital New York. [more]

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  • From left: Sen. John Flanagan, the New York State Senate and Gov. Andrew Cuomo

    From left: Sen. John Flanagan, the New York State Senate and Gov. Andrew Cuomo

    The city’s rent regulations have officially expired. [more]

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  • From left: Andrew Cuomo, Bill de Blasio and Carl Heastie

    From left: Andrew Cuomo, Bill de Blasio and Carl Heastie

    An extension of the 421a tax abatement program — rather than the adoption of reforms proposed by Mayor Bill de Blasio — could cost New York City roughly 1,300 affordable apartments, according to data from the city’s Independent Budget Office cited by Crain’s. [more]

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  • Cuomo sees little progress on 421a

    June 12, 2015 08:00AM
    Andrew Cuomo

    Andrew Cuomo

    Governor Andrew Cuomo reiterated his support for a temporary extender of 421a on Thursday afternoon, saying he sees little possibility of a solution being reached by next week.

    “We’re discussing a number of proposals on 421-a,” said Cuomo, according to Capital New York. “The question is, what do you do? One question—one answer would be, well, to negotiate a whole new plan now. I think that’s unlikely because 421-a is a very complicated beast and it just doesn’t lend itself to throwing together a new program in several hours.” [more]

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  • From left: Bill de Blasio and Andrew Cuomo

    From left: Bill de Blasio and Andrew Cuomo

    Governor Andrew Cuomo is now advocating for a straight, short-term extension of the 421a tax abatement.

    The program is set to expire on June 15, two days before the legislative session ends, Capital New York reported. Sources told the website that the governor is looking for an extension between three and six months. The governor, however, is reportedly not gaining much traction on this idea. [more]

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  • Howard Zemsky

    From left: Andrew Cuomo and Howard Zemsky

    The head of New York’s top subsidy-dispensing agency has defended Gov. Andrew Cuomo’s Start-Up NY program and revealed the status of delayed projects at Brooklyn Bridge Park and Moynihan Station.

    Empire State Development President and CEO Howard Zemsky said Thursday that Start-Up NY “accomplished a heck of a lot” in its first year, with the job-creation program having received “up to hundreds of millions of dollars in committed capital” from participants. [more]

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  • Andrew Cuomo and Ava Farkas

    Andrew Cuomo and Ava Farkas

    Governor Andrew Cuomo has positioned himself far to the left of what some might expect on housing issues in recent weeks. Thursday, he is set to continue that trend by organizing a rally in Harlem on rent control issues.

    Rent regulations and the 421a tax abatement program are set to expire June 15. Speaking Wednesday in Nassau County, Cuomo laid out his desire to strengthen the rent laws, according to Capital New York. [more]

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  • From left: Andrew Cuomo and Bill Mulrow

    From left: Andrew Cuomo and Bill Mulrow

    Supporters of proposed reforms to the city’s 421a tax abatement have cited the influence of Gov. Andrew Cuomo’s top aides in justifying the governor’s backing for a prevailing wage provision to be added to the measures.

    Real estate executives reportedly “think it’s relevant” that top Cuomo aide Bill Mulrow is the governor’s lead negotiator on 421a, with Mulrow having benefitted significantly from the support of the New York City District Council of Carpenters when running for state comptroller in 2002. [more]

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  • 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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