Cuomo spares real estate in plan to close $6B budget gap
New York is facing a $6.1 billion budget deficit, but Gov. Andrew Cuomo said new revenue streams — for...
Andrew Cuomo
Andrew Cuomo is the 56th governor of New York. He is a Democrat. Cuomo was elected in November of 2010 after four years as the state attorney general and then re-elected in 2014 and 2018. Cuomo was born on December 6, 1957 in Queens, New York. He attended Fordham University in the Bronx and Albany Law School. His father, the late Mario Cuomo, was also New York Governor and Andrew got his start working on his father’s 1982 campaign.
Andrew Cuomo Q&A
What is Andrew Cuomo known for?
Prior to serving as Governor of New York, Cuomo was the 64th Attorney General of New York under Governor Eliot Spitzer. He was the Secretary of Housing and Urban Development under President Bill Clinton, where he aggressively pushed homeownership through cheaper mortgages, an approach that some say helped precipitate the housing-market collapse the following decade.
Why is Andrew Cuomo important to the real estate industry?
Cuomo's roles at HUD in the late 1990s and early 2000s first made him a significant figure in the real estate industry. As Governor, Cuomo has pushed a wide-ranging economic development agenda, especially in upstate New York, which affects the industry across the state. His office makes him one of the two heads, along with the governor of New Jersey, of the Port Authority. In that capacity, Cuomo has broad say on issues affecting New York Harbor, its airports, and several transit arteries.
Want to know more about Andrew Cuomo?
Check out our Top Stories below for TRD’s most up-to-date coverage of Andrew Cuomo.
Andrew Cuomo Top Stories
September 20, 2019—Legislation signed by Gov. Andrew Cuomo last Friday and effective immediately requires LLCs involved in real estate transactions in the state to disclose the identities of all owners, managers and agents associated with the company.
July 5, 2019—Tenants notched yet another victory at the end of June when Gov. Andrew Cuomo signed legislation to expand protections for tenants living in industrial spaces.
May 5, 2019—The governor has lobbied for seven donors to step up and help finance the reconstruction of the St. Nicholas Greek Orthodox National Shrine, which was destroyed in the terrorist attacks on Sept. 11, 2001.
April 1, 2019—Part of this year’s budget in Albany appears designed to help Gov. Andrew Cuomo avoid another Amazon-type debacle.
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Landlord to Cuomo: “No intention of selling” Penn Station site
Gov. Andrew Cuomo’s Penn Station expansion plan already has a big hurdle — 17 stories tall, in fact. A...
Cuomo delivers 10th State of the State Address
Gov. Andrew Cuomo’s agenda for the upcoming legislative session includes lifting some licensing restrictions for real estate brokers and...
Cuomo plans to acquire private real estate to expand Penn Station
Gov. Andrew Cuomo unveiled a plan Monday to acquire a full city block south of Penn Station to build...
Cuomo kills Pier 40 redevelopment plan
Gov. Andrew Cuomo has vetoed plans to develop commercial office space at Hudson River Park’s Pier 40 — the latest in a series of setbacks at the troubled site. Cuomo rejected a bill on...
After calls to increase safety, Cuomo signs elevator mechanic licensing bill
Elevators mechanics will have to obtain licenses to work in New York in the future, bringing the state in...
Big Real Estate facing new limits on NY state campaign contributions
New York is about to slash the amounts that real estate donors and other large contributors can give to...
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