Monthly Archives: November 2013

Curse of the Balanced Budget

Mayor Bloomberg yesterday submitted a balanced 2014 City budget proposal thanks to several one-shot revenue items, including building and taxi medallion sales, and about $250 million more in anticipated real estate taxes than was projected in January. The plan also … Continue reading

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Sea Air For Sale, Midtown Air Not

Governor Cuomo this week signed legislation permitting the Hudson River Park Trust to sell 1.6 million square feet of air rights up to one block east of the five mile long park.  Environmentalists questioned whether development in the area should … Continue reading

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Rent Control Narrowly Survives

  The election was too close to call, on the Hoboken Rent Control referendum. It now looks as if the referendum to reform rent regulations in Hoboken failed by fewer than 100 votes out of about 10,000 — proving, if … Continue reading

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Wheeling and Dealing

The City Council Wednesday gave final approval to the  $580 million Staten Island Wheel and  Empire Outlets Mall project, apparently coming up with about $51 million in City subsidies to partly compensate developer BFC Partners for agreeing to use 100 … Continue reading

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