TRD PolicyPro: City Council to form co-op and condo caucus

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Hey there, let’s get into today’s news at the intersection of policy and real estate:

  • The NYC City Council is forming a co-op and condo caucus, The Real Deal has learned.
  • Policy wonks are spooked by a new prevailing wage requirement that may be included in Gov. Kathy Hochul’s proposed SEQRA reforms.
  • State lawmakers and good government advocates are making a last-ditch push to end Opportunity Zone tax breaks in New York as part of state budget negotiations.
  • Republican state lawmakers aim to kill the Revive Act.

In this edition we mention: City Council members Kevin Riley and Julie Won, the Citizens Budget Commission’s Director of Housing and Economic Development Studies Sean Campion, State Sen. Michael Gianaris, Assembly member Jeffrey Dinowitz and others.

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