BB, (good to see you back here, btw) Can you explain how it was possible for Long Branch to get a redevelopment deal done without giving tax abatements to the residential units? Who was Long Branch's attorney that negotiated this kneecracker deal that now has the new residents paying their fair share?
http://groups.yahoo.com/group/AsburyPark/message/6410 The link to the APP story is no longer working, but the quote is: "The tax abatement does not apply to the residential units," said Ronald J. Mehlhorn Sr., the city's (Long Branch's) finance director. "Those are going on the books right away." --- In AsburyPark@yahoogroups.com, "bluebishop82" <[EMAIL PROTECTED]> wrote: > > Tax abatements are a normal part of the quid pro quo in deals like > this. > > Do you think anyone could have gotten a deal done without tax > incentives? > > Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
