Archive for January 2018
New York State Offshore Wind Master Plan is Released
Today, New York State Governor Andrew M. Cuomo unveiled the New York State Offshore Wind Master Plan: Charting a Course to 2,400 Megawatts of Offshore Wind Energy. On behalf of the State, the New York State Energy Research and Development Authority (“NYSERDA”) oversaw the preparation of the Master Plan and its 20 supporting studies. The…
Read MoreNew York State and City Pension Funds Will Divest from Fossil Fuel Companies
New York Governor Andrew Cuomo and New York Mayor Bill de Blasio have both recently made significant climate change-related announcements: the State’s and City’s pension funds will divest billions of dollars from fossil fuel companies. These actions support state and local goals of reducing statewide greenhouse gas emissions 40% by 2030 and meeting the Paris Agreement…
Read MoreBreaking: Payment of BCP, solar, low-income housing and other tax credits may be delayed
Governor Andrew Cuomo unveiled the details this week of a $168 billion proposed budget for FY 2019. In light of a potential budget deficit that could approach $4 billion, certain tax law changes are proposed. In recent years the proposed budget has been acted on by the Legislature and Governor before April 1st. Among the…
Read MoreAppellate Court Upholds Dismissal of Suit Against Brooklyn Bridge Park Corporation
By: Jonathan Kalmuss-Katz On December 27, 2017, a New York appellate court unanimously upheld the dismissal of a challenge to the mixed-use Pierhouse development bordering Pier 1 in Brooklyn Bridge Park, ruling that the suit was barred by the governing four-month statute of limitations. Sive, Paget & Riesel P.C. represented Empire State Development; the Brooklyn…
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