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objectimpermanence t1_je4xhov wrote

Reply to comment by boneapetitty in Rents high. What is your alternative to increasing housing supply? by paul-e-walnts

Like 75 Park Lane and The Beach? They don't have tax abatements as far as I can tell.

I don't think any of the new buildings in the "soho west" area do either. The first Cast Iron Lofts building did get a 5 year abatement, but that was done 6+ years ago before the city stopped giving out new abatements downtown.

You can see a list of abated properties and PILOT payments vs. what taxes would have been in the city's budget. Click the latest "user friendly" budget on the page here and go to page 7. They don't list the address for every property though, which is annoying.

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GeorgeWBush2016 t1_je4z2l2 wrote

Yeah I worked on a new affordable development recently and even that didn't get an abatement.

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