State Senator Brad Hoylman (center) discusses the Pied-a-Terre Tax at a February press conference. (Photo by Sabina Mollot)
By Sabina Mollot
A real estate tax bill sponsored by State Senator Brad Hoylman that had recently gotten its second wind after languishing in the capital for years has just been killed in the finalized state budget. After being fought tooth and nail by the real estate industry, what had been dubbed the Pied-à-Terre Tax was instead substituted with other tax increases.
The Pied-à-Terre tax, which would have been charged to owners of properties worth over $5 million that are not the owner’s primary residence, was besieged by accusations that it would gut the luxury market and even significantly reduce the value of impacted units.
Prior to its demise, Hoylman acknowledged all the controversy and various headlines surrounding it.
“We’re calling it the Pied-à-Scare Tactic,” he told T&V. “They’re trying every argument against it.”
Residents of City Council District 2 and 4 will be getting a say on how to spend $1 million that’s being allotted to each district, starting this summer.
The opportunity to weigh in on which projects are most important for the community, through a program called participatory budgeting, started citywide in 2011. This year’s cycle is currently underway and the City Council is soliciting suggestions from New Yorkers for “capital” projects, which means proposals that make improvements to physical infrastructure in spaces like city parks, public schools or any other city-owned property. “Expense” projects, which includes ideas like expanded bus service and afterschool programs, are not eligible for participatory budgeting.
City Councilmember Keith Powers is launching participatory budgeting in District 4 (covering Stuyvesant Town and Peter Cooper Village, Waterside, Midtown East, Central Park South, and the Upper East Side), for the first time, as is Councilmember Carlina Rivera for District 2 (Gramercy, the East Village, Alphabet City and Kips Bay). Neither of their predecessors, Councilmember Dan Garodnick and Councilmember Rosie Mendez, participated in the program previously.
“The process for the last cycle started the year before (I was elected) and if the district didn’t start then, we needed to wait, so this is the first year we could implement it,” Powers said. “There was big growth for it in the last City Council and additional growth in it this year, in districts like this one. All the new members that didn’t have it in their district, Carlina Rivera, other new members in districts where it wasn’t previously offered, are able to take part now.”
State Senator Brad Hoylman voted no on numerous parts of the budget that were ultimately passed. (Photo by Sabina Mollot)
By Sabina Mollot
In the latest “Big Ugly,” the state budget released on Saturday morning yanked $4.5 million from tenant protections by completely de-funding the housing agency’s Tenant Protection Unit.
State Senator Brad Hoylman, who voted no against that measure and numerous others included in the budget, blamed his own chamber for the move. However, he said he’s been assured the TPU will continue to be able to operate through emergency funding set aside by the governor, which was also done last year. Still, said Hoylman, “What kind of message does that send to New Yorkers? The budget is a real statement of our values.”
Meanwhile, the Republican-controlled chamber saw fit to spend $3 million of taxpayer funds on an upstate golf tournament because, they said, it would create jobs and spur economic growth in the area.
In arguments that are now online on YouTube, Hoylman responded, “Four and half million dollars was cut from the budget. I’d like to see the Dick’s Sporting Goods money put into the Tenant Protection Unit.”
The Senate Democrats vote on closure of the LLC Loophole, which failed to make it into the budget. State Senator Brad Hoylman called the budget process unchanged since the Silver and Skelos scandals. (Photo by State Senator Brad Hoylman)
By Sabina Mollot
After an all-nighter in the Capitol, Governor Cuomo signed off on a budget that included none of the ethics reforms he claimed he’d be willing to pass during his state of the state address in January.
Those reforms included closure of the LLC Loophole, which currently allows nearly limitless donations from limited liability corporations, limiting legislators’ outside income and stripping pensions from any legislator who’s found guilty of corruption.
Following the 17-hour session that led to the budget’s signing on Friday morning, a groggy State Senator Brad Hoylman told Town & Village that even after two major scandals last year, nothing’s changed in Albany when it’s time for negotiations.
“The budget process doesn’t lend itself to transparency,” said Hoylman. “It’s still the same three men in a room.”
He then blamed the Republican majority in his own house for not allowing the proposed reforms to reach the floor.