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NYC Postpones Vote on Property-Tax Break for Hudson Yards Tower
Source: Bloomberg
Tax & TariffsHousing & Real EstateFiscal Policy & BudgetElections & Domestic Politics
New York City delayed a vote on a proposed $100 million property-tax break for Tishman Speyer's new Hudson Yards skyscraper. The incentive would be the largest economic subsidy approved since Mayor Zohran Mamdani took office, creating uncertainty over the project's public-financing support and timing.
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