STATEMENT OF MAYOR BLOOMBERG ON IMPORTANT HOUSING AND PENSION LEGISLATION SIGNED BY GOVERNOR CUOMO

New York, NY – February 1, 2013 – (RealEstateRama) — “Today Governor Cuomo signed two important bills into law that were passed by the Legislature earlier this week. The first piece of legislation revitalizes the J-51 program for the first time in nearly 20 years and will incentivize residential building owners to make improvements on their properties – fixing essential, building-wide systems and improving the long-term stability of buildings