State Sen. Michael Gianaris was recently appointed to a board that could derail Amazon’s development plans in Long Island City. Now, he’s going after Opportunity Zones. Gianaris has introduced a bill that would make the tax break less valuable to real estate developers, Bloomberg reported. The lawmaker said the move comes after he was outraged to learn Amazon’s LIC campus would be in an Opportunity Zone. The program was intended to spur development in poor […]
source https://therealdeal.com/2019/02/06/this-ny-lawmaker-is-going-after-opportunity-zone-incentives/
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