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Today's Lead: Mayor Pushes Tax Break for Sandy-Hit Homeowners

by Mike Muller, Apr 24, 2014
 

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Mayor Bill de Blasio proposed a bill on Wednesday in Albany to offer a tax break for city residents who rebuilt or repaired their homes that were damaged by Superstorm Sandy. De Blasio was in the capital for a conference on disaster recovery alongside Gov. Andrew Cuomo, who is backing the measure. The abatement would last a year, although it's extension is possible. The bill is drafted but hasn't been officially introduced in the state legislature - where it has bi-partisan support from state lawmakers, according to the mayor, and is likely to pass. But the City is hoping action will be taken before it sends out property tax bills next month. The day was a chance for de Blasio and Cuomo to put aside their recently fraught relationship. The governor also took the opportunity to criticize federal officials for trying to "poach" disaster relief funds.

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Last Updated (Apr 24, 2014)