Amazon won’t be taking advantage of the Opportunity Zone tax break in Long Island City. The tech giant confirmed it won’t pursue the incentives for its planned campus in the Queens neighborhood, Bloomberg reported. “We will not be using the Opportunity Zone on this project,” Holly Sullivan, head of economic development at Amazon, told the City Council in a Wednesday hearing. The area in LIC where Amazon is planning its offices was designated as an […]
source https://therealdeal.com/2019/01/31/amazon-wont-use-the-opportunity-zone-tax-break-for-its-lic-campus/
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