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April 4, 2012
NY tax agency takes Brooklyn
NY Post
by Steve Cuozzo
The taxpayers are again lining Bruce Ratner's pockets, as another New York State entity takes space at MetroSubsidyTech.
The state Dept. of Taxation and Finance is saving taxpayer dough by moving across the East River.
In one of the year’s largest relocations, the agency is leaving behind its 1740 Broadway offices for Brooklyn’s much cheaper 15 Metrotech Center, The Post has learned.
The agency is taking 133,000 square feet at Bruce Ratner’s complex via a sublease from health insurer Wellfleet. The move will reduce the state unit’s lease cost per square foot from $64 at Vornado’s 1740 Broadway to just $19.50 — resulting in $3.3 million in savings the first year, according to a department spokesperson.
NoLandGrab: Yes, it's all about saving the taxpayers money.
Posted by eric at April 4, 2012 12:04 PM