Press Mention

N.Y. budget removes state from federal ‘opportunity zone’ tax break for developers

New York Daily News

April 13, 2021

The nonpartisan Citizens Budget Commission estimated in 2019 that the program was costing the state and city up to $63 million and $31 million a year, respectively.

Gianaris’ bill, sponsored in the Assembly by Jeffrey Dinowitz (D-Bronx), had the support of a wide range of labor and advocacy groups.

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