Subsidy Sheet: Furman Center on NYC OZs, Niagara Handouts for Pizza Wage Thief - Reinvent Albany
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Subsidy Sheet: Furman Center on NYC OZs, Niagara Handouts for Pizza Wage Thief - Reinvent Albany
A new report from the highly respected NYU Furman Center shows that Opportunity Zone (OZ) tax breaks in New York City do little for low-income neighborhoods and mainly subsidize high-end, market-rate apartments. Furman’s analysis confirms what studies have already been showing for years and demolishes the absurd claim by the program’s supporters that Trump’s OZs are an anti-poverty program.Unfortunately, New York State and City could start losin…
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