Establishes a demonstration program extending the J-51 tax exemption to the conversion and rehabilitation of commercial and manufacturing space to co-located work space and residential units in certain high density areas in Kings county.
Establishes that areas containing lead-contaminated soil shall have the levels of lead contamination decreased to 300 ppm for residential areas and 1,000 ppm for commercial areas.
Relates to the weigh in motion monitoring systems and the data generated in conjunction with such systems pursuant to a demonstration program on interstate route 278 in Kings county; extends the authorization for such program.
Creates an office to residential conversion tax credit which shall be administered by the empire state development corporation; creates a historic preservation rehabilitation office to residential conversion tax credit which shall be administered by the state historic preservation office.
Creates an office to residential conversion tax credit which shall be administered by the empire state development corporation; creates a historic preservation rehabilitation office to residential conversion tax credit which shall be administered by the state historic preservation office.
Enacts the "middle-class homebuyer protection act" to increase the additional tax imposed on residential real property if the consideration for the conveyance from $1,000,000 to $4,500,000 where the residential structure contains five thousand square feet or more of livable interior space.
Directs the metropolitan transportation authority to rename the Kingston Avenue train station, located in the borough of Brooklyn, to the Chabad Lubavitch World Headquarters at Kingston Avenue station.