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Facing the neighborhood staple Fort Tryon Park, plans for the development could include up to 300,000 square feet of both market-rate and affordable residential units.
SB-196 provides a property tax exemption for community land trusts building affordable housing, and in some cases these projects could line-up with opportunity zone benefits.
The mayor has proposed a Class 6 (b) tax incentive to support the $3.9-million rehabilitation of an 84,174-square-foot industrial building in the Stockyard Industrial Corridor by Griffith Foods Inc.
Workplace sustainability interest is across the board from small to large projects that include consideration for materials that are sustainable, recyclable and health-supportive.
Major items in the proposed $3.6-billion 2020 Capital Budget include: $2.1 billion in aviation spending, including $1.5 billion to continue redevelopment of the agency's airports.
Knowing the right questions to ask at the outset can uncover flaws in project contract structure and drafting, allowing the parties to resolve the issues before it is too late.