The LVT was authorized under Cuomo, but it's never been used. Very few people wrote about it before @aarmlovi.bsky.social's article for @vitalcitynyc.bsky.social, with one exception:
Then-Assemblymember @zohrankmamdani.bsky.social praised value capture and § 119-r in a Jacobin interview in 2022:
Reed Schwartz
New York State just authorized a land value tax that could generate billions of dollars for new transit.
For the @niskanencenter.bsky.social, @aarmlovi.bsky.social and I wrote about how the renewal of § 119-r in the FY27 budget could unlock a virtuous cycle of infrastructure delivery in NYC.
