Storage Developers Freeze Projects Amid Updated Budget Bill Tax Policy

Active negotiations for storage developments have come to a screeching halt, and existing contracts are in threat of default due to an updated amendment in the New York State 2021 budget bill moving up the deadline for qualifiable self-storage facilities to earn tax abatements.

       


source https://feeds.feedblitz.com/~/621976198/0/globest/new-york~Storage-Developers-Freeze-Projects-Amid-Updated-Budget-Bill-Tax-Policy/

No comments:

Post a Comment

Connect CRE

Commercial Observer

The Real Deal New York

Join Skyline Properties Investor List

Looking for Off Market Deals? https://robertkhodadadian.com/join-skyline-properties-investor-list/