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hrmjustin

(71,265 posts)
Mon Aug 11, 2014, 04:06 PM Aug 2014

Gov. Cuomo got $100,000 from developer, then signed law giving it big tax breaks

KENNETH LOVETT

ALBANY — A top development company donated $100,000 to Gov. Cuomo just days before he signed a bill that quietly showered the firm with lucrative tax breaks.

Two corporations tied to Extell Development each contributed $50,000 to Cuomo’s campaign, which recorded the checks on Jan. 28 — the same day the Assembly passed a housing bill that contained tax breaks for five developers, including Extell, records show.

Cuomo signed the legislation two days later.

The twin $50,000 donations were made by Elco Master LLC and 134 W 58 LLC. Each listed the same Louisville, Ky., address of Extell Financial Services, which is part of Extell Development. It was the first time either company contributed to Cuomo, state records show.

http://m.nydailynews.com/new-york/cuomo-100k-developer-signing-tax-break-law-article-1.1422003

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