- Associated Press - Thursday, May 28, 2015

ALBANY, N.Y. (AP) - New York Gov. Andrew Cuomo and organized labor are criticizing Mayor Bill de Blasio’s plan to revise a development tax break.

The incentive, which saved New York City developers more than $1 billion last year, expires next month. De Blasio wants it extended with requirements that developers include more affordable units in their projects.

The AFL-CIO and the Building Trade Unions say his plan would create only marginally more affordable units. They also want to require developers receiving the incentive to pay prevailing wages.

Cuomo says Thursday that unions believe de Blasio’s proposal is a “giveaway” to developers, and that his proposal was announced too late in the legislative session.

A de Blasio spokesman says the mayor is an ardent labor supporter and his plan will sharply increase affordable housing.

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