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 [...]
Dozens of Assembly Democrats have sent a letter to Sheldon Silver, the Assembly speaker, criticizing Gov. Andrew M. Cuomo’s proposed cuts to state education aid and calling on Mr. Silver to push for the extension of a temporary income tax surcharge on high-earning New Yorkers. In the letter, the Democrats said that Mr. Cuomo’s proposed [...]
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, [...]
Nassau County Executive Edward Mangano announced a $22 million cut Monday in overall public payroll for the year. Mangano’s mission is to slash patronage hiring in the county’s departments as part of a concerted effort to fill the county’s nearly $50 million budget gap — about $20 million of which resulted from his repeal of [...]
A federal jobs bill expected to pass next week in Washington is expected to bring $2.3 billion in budget aid to New York state, and another $700 million to help counties and New York City. Sen. Chuck Schumer says the aid could help the state and counties to avoid cuts in spending, layoffs, or increased [...]
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 [...]
Rep. Charles Rangel’s ongoing ethics probe is taking a serious toll – on his campaign war chest. In the last three months of 2009 alone, Rangel shelled out $574,348 on lawyers, according to his latest federal election filings. That’s 84% of his total campaign spending during the same period. Ever since Rangel ran afoul of [...]
