NYC Co-Op Should Get Amazon-Style Tax Break, City Comptroller Says

Residents of a New York City affordable housing co-op should get the same sort of property tax breaks that Amazon is getting for its HQ2 project, the city comptroller said.

City Comptroller Scott Stringer (D) objected to the ballooning assessment for the 1,000-resident Citylights co-op in the Long Island City section of Queens. His Jan. 3 protest combined two high-profile issues: the city’s much-maligned property tax system and $3 billion in subsidies offered by the state and city for Amazon to locate part of its secondary headquarters in the same area.

“Across the city, the very New Yorkers who made ...