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Tag Archives: tax breaks

Senate panel votes to renew dozens of expired tax breaks

WASHINGTON — The Senate Finance Committee passed a bill Tuesday to renew dozens of temporary tax breaks that expired at the start of the year. The bill would extend more than 50 tax breaks through 2016, beyond the upcoming presidential ...

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Tax breaks OK’d for Bivona Center project

Bivona-FEAT

The nonprofit Bivona Child Advocacy Center soon may be on the move in its efforts to better provide services for children who have been abused, although the new location is a bit of a fixer-upper. Members of the County of ...

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Tax breaks sought for B+L Tower plan

B&L-BuildingFEAT

About $6 million in renovation work is proposed as part of a $15 million purchase of the 20-story Bausch + Lomb Tower. Clinton Court LLC, a partnership that includes developers Larry Glazer of Buckingham Properties and Bob Morgan of Morgan ...

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ER magnetic company seeks tax breaks

Board members of the County of Monroe Industrial Development Agency often deal with polarizing issues. No change, here. The COMIDA board, which is meeting at noon today, will be considering granting tax incentives for the $448,000 expansion of an East ...

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Businesses get tax breaks for growth

Three locally-based manufacturing companies will be expanding and getting tax breaks to do so. Board members of the County of Monroe Industrial Development Agency, or COMIDA, Tuesday approved incentives for manufacturing expansion projects in the city and on the east ...

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Penfield hotel project gets tax breaks

This file photo shows Ben Hemmnger and Sarah Davis, co-owners of Fashionphile.com, posing in the lobby of their Carlsbad, Calif., office. The Internet company faces the complicated task of dealing with new regulations on Internet sales taxes. The Marketplace Fairness Act was discussed last week by members of the House Judiciary Committee, who also heard testimony on alternative solutions. The proposed act would allow state governments to collect sales and use taxes from remote sellers with no physical presence in their states. AP Images

The owner of property in the town of Penfield that once housed a miniature golf course may soon take a swing at the hospitality business. Local real estate company Indus Companies, which has developed and owns three hotels in the ...

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NY going after STAR double dippers

ALBANY — New York is going after “double dippers” who file for the state’s STAR property rebate program while living in rent-regulated apartments. People who lease rent-regulated apartments cannot have another home as their primary residence, and people can only ...

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Hart’s downtown grocery gets tax breaks

The independent Hart’s Local Grocers is expected to open downtown in May, and management is hoping to capitalize on some 2,000 households within walking distance of the store. Mike Murphy

The grocery store planned for the East End is a start-up project and a real estate venture all rolled up in one and if all goes well, an opportunity for local businesses to showcase and sell their wares. But investors ...

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Gates considers help for homeowners

Some of the area’s largest businesses have received tax breaks for new projects and for rehabilitation of existing projects. They include Xerox Corp., Marketplace Mall, the University of Rochester and LiDestri Foods, among others. They total in the millions of ...

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Webster developer seeks tax breaks

The developer of a major senior-housing project in the town of Webster is seeking incentives from Monroe County, but the town is holding firm on its portion of the tax pie. Work on the $24.3 million Royal Highlands luxury senior ...

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Congress letting 55 tax breaks expire at year end

WASHINGTON — In an almost annual ritual, Congress is letting a package of 55 popular tax breaks expire at the end of the year, creating uncertainty — once again — for millions of individuals and businesses. Lawmakers let these tax ...

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Irondequoit Bay apartment project gets tax breaks

The cleanup of the contaminated portion of land that will be the site of a $54 million housing development overlooking Irondequoit Bay in Penfield is scheduled to begin today, although brush clearing has already started. The County of Monroe Industrial ...

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