The Rent Guidelines Board has approved a nearly 4 percent hike for rent-stabilized apartments in the city, affecting some 1.1 million apartments by 3.75 percent for one-year renewals and 7.25 percent for two-year contracts, the New York Daily News reported. The hikes will take effect October 1. “It’s very disappointing,” said Jesse Duperon, who lives [...]
The Rent Guidelines Board will hold a final vote tonight on how much the tenants of more than one million rent-regulated city apartments will pay this fall. Board members are gathering at Cooper Union’s Great Hall at 5:30 p.m. to consider a hike of 3 to 5.75 percent for one-year lease renewals and an increase [...]
More than 100 protesters from New York City community organizations made their way up to Albany Wednesday to send Governor Andrew Cuomo a message: “tax the rich, not the poor.” As part of their demonstration, participants blocked all exits to the State Street entrance of the Capitol in an effort to get arrested for their [...]
Westchester County’s new leader says he will lay off hundreds of employees if necessary to avoid raising property taxes. County Executive Robert Astorino says he inherited a projected $166 million deficit for 2011. At a news conference Tuesday, Astorino said closing that gap with property taxes would mean a 30 percent increase for Westchester homeowners, [...]
Mayor Michael Bloomberg who uses his office to promote a healthier lifestyle for New Yorkers – urged Albany to tax sugary drinks by one cent for each ounce in his weekly radio address this morning. He estimated a nearly $1 billion windfall from the tax, which Gov. Paterson considered in the past but dropped amid [...]
New York tax officials are going to try to shame the top tax delinquents into paying up. The Department of Taxation and Finance has begun posting the state’s top 250 business and top 250 individual tax debtors on the department’s website. At the beginning of each month, the Tax Department will examine the records of [...]
The sky isn’t the limit when Mayor Bloomberg tries to balance the budget. He proposed a sales tax on airplane fuel yesterday as part of his spending plan for the 2011 fiscal year, a move that could mean the cost of flying will soar. Drivers weren’t spared either – parking fees in Manhattan will jump [...]
Two members of the Common Council, Demone A. Smith and Bonnie E. Russell, have financial histories that include liens for failure to pay their state income taxes, a Buffalo News investigation has found. A search of public records showed Smith — who represents the Masten District and serves as president of Grassroots Inc., the political [...]
State Senate Democrats lit a fire under Gov. Paterson Thursday to collect taxes from cigarettes sold on Indian reservations. The group argued that bootleg cigarettes bought at Indian reservations and sold on the street at a steep discount cost city bodegas, grocery stores and newstands $250 million a year in lost business – and $30 [...]
In a twist on the City Council’s much-maligned practice of including lawmakers’ names on taxpayer-funded public trash cans, one politician actually promoted himself on the steel bins by making sure his name and title appeared after he left office. Former Councilman Michael McMahon (D-SI) spent $24,000 in city funds on 46 bright green bins bearing [...]
