[ad_1]
James Andrews/iStock/Getty Images
Jackson Park (right), an upscale apartment complex in Long Island City, Queens, where penthouses rent for $8,500 per month, gets a $21 million annual tax break that virtually eliminates its property taxes.
The New York Times looks at whether a tax-incentive program known as 421a helps the development of affordable housing. Five Below plans to open 400 new store locations in the next two years, reports Chain Store Age. These are among today’s must reads from around the commercial real estate industry.
[ad_2]
Source link
