Press Mention
Unions, nonprofits push NY to drop Opportunity Zone tax break
The Real Deal
February 23, 2021
The memo cites a report from the Citizens Budget Commission which projects the program could cost New York City and state as much as $31 million and $63 million a year, respectively. (The amounts represent about $1 for every $3,000 in the city and state budgets.)
Other labor organizations that supported the memo include health care workers union 1199SEIU, Professional Staff Congress/CUNY, food workers union UFCW Local 1500, and the Retail, Wholesale and Department Store Union.