Comptroller Stringer sent the letter in opposition to the Astoria Replacement Project because of the project’s reliance on fracked gas. On September 4, 2020, New York City Comptroller Scott Stringer sent a letter to the New York State Department of Environmental Conservation (DEC) Division of Environmental Permits urging the DEC to review the NRG Energy’s Astoria Replacement Project. Comptroller Stringer raised concerns about the project due to the wellbeing and of Astoria residents and the … <Read More>
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NYC Banking Commission Recommends Eliminating Interest on July Property Tax Payments
The recommendation will also impact interest rates for small property owners not impacted by COVID-19. On May 13, 2020, the New York City Banking Commission recommended that the City Council create a new hardship exemption to eliminate interest on late payments for property taxes due in July for small property owners who faced financial hardship due to COVID-19. The Banking Commission is comprised of Mayor Bill de Blasio, Department of Finance Commissioner Jacques Jiha, and … <Read More>