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June 18, 2006
More Taxpayer Funded Boondoggles
from Develop Don't Destroy:
Forest City Ratner is not the only developer building luxury condos off the taxpayer's back. Magic is in Fort Greene, the Clarett Group is in Fort Greene; developers all over the city are taking advantage of the misguided and abused 421a tax break, while Forest City takes advantage of nearly every tax break and subsidy known to all of developer-kind.
Posted by amy at June 18, 2006 9:45 AM