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Today's Lead: Cuomo Received Developer Cash Before Signing Tax Breaks

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Cuomo's Developer Donations 

The New York Daily News reported today that Gov. Andrew Cuomo received $76,000 in donations from real estate developers just weeks before signing legislation that gave tax breaks to their properties. Three partners at Fisher Brothers donated $25,000 each to Cuomo on Dec. 27 of last year. Cuomo signed legislation giving tax breaks to their properties at New York Curb Exchange and 86 Trinity Place on Jan. 30. The Daily News reported last week that Extell Development Co. gave Cuomo $100,000 a few days before he signed the bill that gives creates $35 million in tax breaks on their One57 luxury apartment tower. The Moreland Commission that Cuomo created to investigate corruption has subpoenaed the five companies that received tax breaks from the bill. Cuomo administration officials say that the bill was supported by the city and wasn't their focus. The News writes however that legislators claims they don't know who inserted the tax breaks for the five subpoenaed companies. 

 


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Guest Tuesday, 16 September 2014