A long-standing feature of American tax policy is the exemption granted to nonprofit organizations, the largest of which is the exemption from local property taxes. The exemption, with origins back to the 18th century, is widespread. Among the 50 states, 17 state constitutions mandate property tax exemptions for charitable organizations, 25 authorize the legislature to give exemptions, and eight do not address the issue. New York State establishes two classes of exemptions for nonprofits: … <Read More>
Search Results for: Housing
CityLaw Profile: Mark Peters: The Future of DOI Investigation
On January 18, 2014, Mark Peters was appointed by Mayor Bill de Blasio as Commissioner of the New York City Department of Investigations. Prior to this appointment, Commissioner Peters was a partner at the law firm of Edwards Wildman, and had earlier served as Chief of the Public Integrity Unit from 2001-2004 and as Deputy Chief of the Civil Rights Bureau from 1999-2001 at the New York State Attorney General’s office under Eliot Spitzer. … <Read More>
Three New Rules Ease New York City Contract Process
The procurement policy board, which makes the contracting rules for the City of New York, recently adopted rules that will make it easier for the City to manage how it purchases goods and services. The most important rule in terms of large purchases will allow the City to award competitively-bid contracts for goods and services based on price plus previously announced best value considerations. Before, contracts for goods and services had to be awarded … <Read More>