Real Estate and Community Development News

November 23, 2015
Developer Tax Break in Limbo

The New York Mets were still on a post-season winning streak when construction-union leaders joined Gov. Andrew Cuomo to watch a game in a prime box at Citi Field, paying about $5,000 a seat for the fundraiser ticket.

Some of the same leaders were also in negotiations with top players in the city’s real estate community, trying to set more favorable terms of a state law that gives tax abatements for new developments.

Read more from the Wall Street Journal

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