CORONAVIRUS & MONKEYPOX

1. HERE’S THE NY SCOOP 

THE STATS:

18, 203, 944 vaccines administered across NYC
1,005 new hospitalizations
6,759 new cases (wear your masks)
3, 197 Monkeypox cases in NY

GOOD NEWS

Student Loan Forgiveness is Tax Free in NY! – In last week’s newsletter, we wrote about the potential of the student loan forgiveness and many of you asked…would we have to pay taxes on them. The answer is NO! NY state will keep student loan forgiveness state and income TAX FREE!

BAD NEWS

Get Your Free At-Home Covid Tests Before They Run Out! – Starting September 2nd, you’ll no longer be able to get free at-home COVID tests delivered to your door. The gov’t has shut down the program due to a lack of funding.

TELL US YOUR THOUGHTS

2. THE 20 YEAR, $7 BILLION DOLLAR PLAN TO BUILD….OFFICE SPACE IN PENN STATION?

WTF IS HAPPENING?
Who else thought remote work was here to stay? Earlier this Summer, Governor Kathy Hochul and New York State officials announced one of the largest real estate development projects in U.S. history: 10 towers, and 16 million square feet of office space in and around Penn Station.
 
WHY MORE OFFICE SPACE?
The plan has been around since Cuomo’s regime, and would modernize Penn Station, but where most critics are feeling the heat is the addition of TEN towers for office space. The plan would take 20 years and Gov Hochul is betting on a city that will be back to “normal” by then. Yet, offices are seeing 40% vacancy rate
 
SOOOO…HOW ARE WE PAYING FOR THIS?
  • Biden’s Federal Infrastructure Package, which set aside $30 billion in grants.
  • Tax Breaks in a system known as Payment in Lieu of Taxes or PILOTS
  • Probably…your taxes!
So, what do you think? Is this an investment for the future or a waste of money and space?

OH HEY, HELLO, ciaooo! 

3.  A NOTE FROM THE EDITORS

As we near issue 100 of our newsletter, we wanted to thank you all for being on this journey with us. When we started ciaooo!, we were just two native New Yorkers on a simple mission to make this city a better place!
 
With your help, we’ve gotten to do some incredible things! From recruiting thousands of New Yorkers to become mentors, to simplifying the news and heck, even throwing in person shindigs for single people to find love! 
 
Next month, we’ll be launching our marketing agency – ciaooo! media group. We’re on a mission to empower brands and organizations that make NYC a better place. We wanted you, our lovely readers to be the first to know! Respond back to this email if you’d like to work with us. 
 
-chau + paola 

Community-first. Women-led. ciaooo! is on a mission to empower brands and organizations that make NYC a better place. Learn more! 

Chau Mui

Facebook Conversations