New York Gov. Kathy Hochul recently approved legislation requiring industrial development agencies (IDAs) to consider the extent to which a project provides onsite child care facilities as a criteria in their Uniform Tax...more
At its December 2024, quarterly meeting (the “Meeting”), the NYS Public Subsidy Board (the “Board”) continued its May 20, 2024, public hearing on calculating the value of future tax savings, such as tax abatements, tax...more
New York State Governor Kathy Hochul, U.S. Senate Majority Leader Chuck Schumer, and U.S. Senator Kirsten Gillibrand recently announced the award of $140 million to expand public broadband infrastructure in six New York...more
New York’s Public Subsidy Board (the “Board”) recently decided to hold public hearings related to development projects throughout the state, while also changing an internal policy to allow it to reconsider prior project...more