Except 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.

Except 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...