In Albany, Taxes and Red Tape Seize Spotlight in Addressing Housing Crisis

Monday, April 6, 2026

Ken Fisher is quoted in the Commercial Observer’s article discussing New York’s state budget and proposed affordable housing measures. While Governor Kathy Hochul has prioritized reforming the state’s environmental review process and expanding the J-51 tax incentive, some lawmakers have pushed for higher taxes on corporations and millionaires, a proposal Hochul has strongly opposed. “From a big picture point of view, it’s hard to persuade legislators to raise taxes in the best of times and in an election year unless there’s a genuine crisis,” said Ken. “It doesn’t matter where they fall on the ideological spectrum; they need to be able to tell their constituents they have exhausted all other possibilities.”

To read more, click here. (subscription required)

Share on LinkedIn
test

People

Related Practice Areas

Keep up-to-date with the latest news from Cozen O'Connor

Enter your City or Zip.

Probably shouldn't change this:
Sign up to receive alerts, publications, and event / webinar invites.

By submitting your contact information, you are giving Cozen O'Connor consent to contact you via email.