The Real Deal New York

Posts Tagged ‘Andrew Cuomo’

  • 20140729_cuomo_brownfields

    From left: Andrew Cuomo, Bronx Terminal Market and Jeff Blau

    Recipients of tax incentives to develop industrial sites in New York have contributed at least $650,000 to Governor Andrew Cuomo’s campaign fund over the past four years, according to a review of state data. [more]

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  • From left: Steven Spinola, Rob Speyer and Governor Andrew Cuomo (Credit: Steve Friedman)

    From left: Steven Spinola, Rob Speyer and Governor Andrew Cuomo (Credit: Steve Friedman)

    The Real Estate Board of New York’s power and influence over state government is, as a well-known Democratic operative put it, “about as new as hieroglyphics.” Albany politicians often transition into lucrative real estate careers, and Governor Andrew Cuomo is a tuxedo-clad fixture at REBNY’s annual gala. But an investigative story in the New York Times yesterday laid out the extent of the industry’s influence with Cuomo in the most explicit manner yet. The industry’s initial response to the story, however, suggests that it is unlikely to impact how REBNY does business. [more]

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  • From left: Andrew Cuomo and Steven Spinola

    From left: Andrew Cuomo and Steven Spinola

    An investigation shows that members of an anti-corruption commission and loyalists to Governor Andrew Cuomo clashed over efforts to look into the governor’s relationship with real estate professionals.

    The insight into the Moreland Commission came out after the New York Times released the results of a three-month investigation into the extent of the governor’s office’s efforts to block the panel’s information-gathering. [more]

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  • Cuomo-Campaign

    From left: Andrew Cuomo, Leonard Litwin, Charles Dolan, Richard LeFrak, Sheldon Solow and Stephen Ross

    The top four donors who contributed during the first half of this year to Governor Andrew Cuomo’s re-election campaign are all in the real estate industry, a review of state campaign filings show. [more]

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  • From left: Governor Andrew Cuomo and Hurricane Sandy damage on Long Island

    From left: Governor Andrew Cuomo and Hurricane Sandy damage on Long Island

    The slow pace of aid distribution to Hurricane Sandy victims is largely due to a bureaucratic tangle meant to weed out fraud, New York Governor Andrew Cuomo said yesterday. [more]

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  • From left: Andrew Cuomo, One57, Gary Barnett and Glenwood's Leonard Litwin

    From left: Andrew Cuomo, One57, Gary Barnett and Glenwood’s Leonard Litwin

    Governor Andrew Cuomo has become the biggest beneficiary of a loophole in New York State’s campaign finance regulations that allows businesses and individuals to donate large amounts of money to politicians. The lion’s share of the donations appears to be coming from real estate developers. [more]

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  • From left: Sandra Lee and the Cuomo home in Westchester County

    From left: Sandra Lee and the home where she and Governor Andrew Cuomo reside in Westchester County

    The tax man cometh, whether you try to block him or not. [more]

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  • From left: Governor Andrew Cuomo and Long Island College Hospital in Cobble Hill

    From left: Governor Andrew Cuomo and Long Island College Hospital in Cobble Hill

    UPDATED, 4:12 p.m., May 22: Despite an 11th-hour deal to keep Long Island College Hospital’s emergency room in operation, the remainder of the full-service hospital will shutter tonight at midnight. [more]

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  • From left: Sandra Lee and 4 Bittersweet Lane in New Castle, Westchester County

    From left: Sandra Lee and 4 Bittersweet Lane in New Castle, Westchester County

    Sandra Lee, Food Network star and partner to New York Governor Andrew Cuomo, allegedly skipped the building-permit process before making upgrades to her $1.2 million Westchester home. [more]

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  • glaser

    Howard Glaser and St. Nicholas church pre-9/11

    Howard Glaser, director of state operations and senior policy adviser to Governor Andrew Cuomo, has decided to resign — and is considering a senior-level job in real estate.

    The high-ranking governor’s aide said he will exit after the legislative session concludes at the end of June, sources told Crain’s. Glaser spearheaded the deal to redevelop the St. Nicholas Greek Orthodox Church, which was destroyed on 9/11. Before the start of Cuomo’s term in 2011, Glaser served as general counsel for the U.S. Mortgage Bankers Association and as counselor to the secretary at the U.S. Department of Housing and Urban Development. [more]

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  • From left: Andrew Cuomo and a New York City graveyard

    From left: Andrew Cuomo and a New York City graveyard

    Although recent changes to estate law boosted the amount most New Yorkers can leave their heirs tax-free, some wealthy residents could be charged substantially more than their property is worth.

    The state legislature initially provided a tax exemption to estates worth less than $1 million. [more]

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  • New York Governor Andrew Cuomo

    New York Governor Andrew Cuomo

    A new state budget deal, reached Saturday between New York legislators and Governor Andrew Cuomo, introduces property tax relief for homeowners. [more]

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  • savoy-park

    Savoy Park in Harlem and Governor Cuomo

    Governor Andrew Cuomo is cracking down on dozens of state’s residents who live in rent-regulated housing but are also seeking an exemption on school property taxes.

    The state Department of Taxation and Finance found 156 tenants of rent-regulated housing who re-applied for School Tax Relief, also known as a STAR exemption, last year. The administration sent letters to the tenants, providing a deadline of two months to remove themselves from one of the two programs. [more]

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  • From left: Governor Andrew Cuomo and Ellen with a crowd of protesters

    From left: Governor Andrew Cuomo and Ellen Davidson speaking before a crowd of protesters

    A group of landlords have brought a case to the Brooklyn courts that challenges the legitimacy of recent changes to rent regulations. [more]

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  • Gov. Andrew Cuomo

    Gov. Andrew Cuomo

    From the February issue: In this month’s roundup of government-related real estate news, TRD takes a look at Governor Andrew Cuomo’s State of the State address, in which he announced he is mulling a $100 million investment in affordable housing. Meanwhile, as New York University’s expansion pushes forward, controversy about the massive project rages on. Despite a ruling that opponents interpreted as a halt to construction, the school believes it can still proceed with its plans to build a 1 million square-foot property on the site of its gym. Read these updates and more after the jump.

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  • From left: Gov. Andrew Cuomo, JPMorgan Chase and Attorney General Eric Schneiderman

    From left: Gov. Andrew Cuomo, JPMorgan Chase and Attorney General Eric Schneiderman

    New York Attorney General Eric Schneiderman’s move to dole out at his own discretion the Empire State’s portion of a $13 billion settlement with JPMorgan Chase has sparked criticism from the governor. [more]

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  • From left: Governor Andrew Cuomo, Mayor Bill de Blasio and a homeless shelter in New York City

    From left: Governor Andrew Cuomo, Mayor Bill de Blasio and a homeless shelter in New York City

    A new budget released by Governor Andrew Cuomo on Tuesday blocks state reimbursements to rental-subsidy programs Mayor Bill de Blasio wants to implement to tackle New York City’s growing homelessness. [more]

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  • From left:

    From left: Brookdale Hospital, Long Island College Hospital and Interfaith Medical Center, Brooklyn

    Three embattled hospitals in Brooklyn are poised to close after waiting 18 months for their slice of a pending $10 billion in funds from a federal health-care funding reallocation for the state of New York. [more]

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  • From left: Moreland Commission Executive Director Regina Calcaterra and Co-Chair William Fitzpatrick

    From left: Moreland Commission Executive Director Regina Calcaterra and Co-Chair William Fitzpatrick

    A Governor Cuomo-appointed panel charged with investigating corruption at the state level met with the governor two days before sending its first round of subpoenas, recently released state records show. The subpoenas were sent to the state Senate Republican Campaign Committee, but notably not to the Democratic Committee, Capital New York reported. [more]

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  • Gov. Cuomo

    Andrew Cuomo

    Upper West Side-based investment firm Castellan Real Estate Partners is expected to reach a settlement with the state over a probe into whether the firm demanded to see Spanish-speaking tenants’ passports, proof of citizenship and pay stubs as a condition of their tenancy. The firm later evicted tenants who would not comply with their demands, which are prohibited by state law.

    After a seven-month investigation, Governor Andrew Cuomo plans to announce the settlement today. The state found that the firm threatened to evict tenants – largely immigrants from Ecuador and Mexico – if they did not comply. Castellan will agree to compensate the tenants it forced to move out. [more]

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