Extell secures tax breaks for $502M Yonkers riverfront development Extell Development Co. has snagged more than $21 million in tax breaks from the Yonkers Industrial Development Agency for a project along the riverfront in Yonkers, the Westchester County Business Journal reported. The incentives package comprises “$15.4 million in sales and use tax exemptions and $5.9 million in mortgage recording tax exemptions,” according to the outlet. The $502 million project will contain six buildings, 1,395 apartment […]
source https://therealdeal.com/2018/09/05/westchester-fairfield-cheat-sheet-extell-secures-tax-breaks-for-502m-yonkers-riverfront-development-more/
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