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Big Tax Breaks Get Bigger as Mega-Developers Challenge Assessments from THE CITY - All RSS feed.

Big Tax Breaks Get Bigger as Mega-Developers Challenge Assessments

THE CITY - All
The Vessel is framed by a glass wall at the Hudson Yards mall.

With a 40% break on what they’d normally owe the city in property tax, the owners of a luxury emporium at 20 Hudson Yards seem to have a good deal. But that hasn’t stopped them from filing appeals against the city claiming that they’re hugely overtaxed. Over the eight years running through February of the […]

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