Developer asks for tax break, North Elba says no | News, Sports, Jobs
The Lake Placid Quality Inn is seen here Monday. (Enterprise photo â Elizabeth Izzo) LAKE PLACID — Representatives of a development company planning to revamp the Saranac Avenue Quality Inn asked the North Elba Town Council for a tax break last week. The town council denied the request. Representatives of Dual Development LLC, the company behind a planned rebranding and rebuilding of the Quality Inn, asked the town council on Dec. 8 to consider authorizing a PILOT agreement, or payment-in-lieu of taxes, that would give the developers a tax break for the next 10 years. Jack Kelley,...
Source: adirondackdailyenterprise.com