Lawmakers Looking To Blunt Budget Cuts at CUNY Focus on Property Tax Exemptions for Elite New York Universities
Two of the most elite universities in America — Columbia University and New York University — have become the targets of a new effort by state lawmakers who want the schools to pay their property taxes. They say the $327 million the schools owe could be used to fund the…
NY State could recoup millions in property tax breaks from Columbia, NYU under new bill
New York could recoup hundreds of millions in property tax exemptions from Columbia University and New York University under new state bills — and funnel those dollars into the city’s public university system. The two universities are currently spared from paying taxes totaling more than $320 million on their hundreds of private properties each year,…
Columbia, NYU Might Soon Lose Property Tax Exemptions
Columbia University and New York University may soon be required to pay hundreds of millions of dollars in property taxes, as state legislators seek to rescind the two private academic institutions’ long-standing property tax exemption. The measure, which will be introduced in the state Legislature on Tuesday, would require the…
This new bill could mean the end of a lofty property tax exemption for Columbia, NYU
State lawmakers will propose legislation this week to revoke the lofty property tax exemptions enjoyed by Columbia University and New York University (NYU), with the revenue from the wealthy institutions redirected to the financially embattled City University of New York (CUNY).
Columbia, NYU could lose longstanding property tax exemption under new bill
Both Columbia University and New York University could be forced to pay hundreds of millions of dollars in property taxes if state legislators are able to revoke a longstanding property tax exemption held by the two private academic institutions. The bill – which will be presented on Tuesday in the…
Columbia and N.Y.U. Would Lose $327 Million in Tax Breaks Under Proposal
Under the plan, the universities, which do not pay property taxes, would have to make payments to the City University of New York.
Professor Spotlight: Professor Seo-Young Chu
Professor Seo-Young Chu stands in the collective spotlight of the English Department, where the dedication to student success and growth is valued. What sets Professor Chu apart is her teaching philosophy which seamlessly aligns with her trials and tribulations as a student and human — a relentless desire to fix…
Workers, advocates push for contract, increased funding at CUNY
Members of the Professional Staff Congress and education advocates rallied Saturday for a contract and increased funding for the City University of New York and railed against continuing cuts to the institution’s budget. PSC members, elected officials and students rallied outside of Governor Kathy Hochul’s office in Midtown at which…
Hundreds of CUNY supporters demand more financial help in Midtown rally
There was a sea of red outside Governor Kathy Hochul's office in Midtown, Manhattan - a show of solidarity as hundreds of CUNY supporters demanded more financial help. "For the last two years, the governor and legislature has managed to - but we need to do better going forward," said…
Cops, schools, sanitation, EMS, libraries: spending cuts target every agency
New Yorkers will endure immediate reductions to library and sanitation services, have access to less preschool spots and see fewer cops on patrol in the coming months, according to city officials’ summary of budget cuts they have said are necessitated by spending on the migrant crisis and decreases in funding…
