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From Amherst, Clarence and Lancaster to Niagara County, local economic development agencies are increasingly approving tax breaks for market-rate housing and retail projects.
Depending on the company's answer, the agency could cancel the project's tax breaks and direct Uniland to refund previously awarded incentives.
Uniland Development Co. in August sued the Town of Amherst for what it says was the town's improper closure of a portion of Amherst Manor Drive that directly connected the
Student-housing developer seeks $9M in tax breaks for $83M project at Muir Woods Buffalo News (NY) $83.3 million student-housing development at Muir Woods in Amherst says it needs nearly $9 million in tax breaks to make the project financially viable. The Austin, Texas-based real estate developer, Aspen Heights Partners, also is seeking an unusual property-tax arrangement to support the project, which includes nearly $5 million in infrastructure improvements for roads and utilities that it says go beyond the basic development. Aspen is planning to construct a residential complex of cotta...