Council Speaker looks to stimulate economy in BK, city

BROOKLYN - In her State of the City address Tuesday, City Council Speaker Christine Quinn said the greatest financial burden facing New Yorkers is housing.Two-thirds of people living in New York City rent their homes. During her speech, Quinn pointed to the fact that homeowners are entitled to tax breaks and rebates that renters are not. Quinn wants to offer a $300 tax break to more than 1 million renters in Brooklyn and the city. Quinn also called for a complete overhaul of the Department of Housing Preservation and Development. Housing wasn?t the only issue on the agenda. Quinn also discussed giving city teachers a $5,000 to $10,000 bonus, suspending sales taxes for a week when federal rebate checks arrive and expanding HIV testing throughout the city.

advertisement | advertise on News 12

Trending Video

Police say they're investigating after a body was 1 Police: Man found dead inside vehicle
Teens, parents and community organizations marched from the 2 Organizers march to bring awareness to teen dating violence
VIDEO: Suspected gang members arrested in the Bronx 3 VIDEO: Suspected gang members arrested in the Bronx
VIDEO: Extended interview with Bernard Kerik 4 VIDEO: Extended interview with Bernard Kerik
Police are searching for the suspect who they 5 Police search for suspect in string of burglaries

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE