4 ms·
NYC is full of rich people. Giving the richest man in the world a tax break and access to a prime location in the largest city in the country to drive out middl
by m_ke 8y ago
NYC is full of rich people. Giving the richest man in the world a tax break and access to a prime location in the largest city in the country to drive out middle class people would be dumb.
- listenallyall 8y agoExcept that's already SOP in New York. You're familiar with One57, the skyscraper with $100 million apartments? It received over $60 million in tax abatements. And the first $100 million apartment's owner paid less than $20,000 in property tax in 2014. https://www.6sqft.com/one57-received-66m-in-tax-breaks-in-exchange-for-just-66-units-of-affordable-housing/ https://www.6sqft.com/one57-received-66m-in-tax-breaks-in-ex...
- m_ke 8y agoI know that it is and understand that amazon got a pretty standard package. Just because it happens all the time doesn't mean that it's right.