City lets industrial landlord off the hook in Sunset Park

In 2011, Salmar Properties set out to transform a 1.1 million-square-foot vacant warehouse in Sunset Park into a state-of-the-art industrial center. In exchange for tax breaks worth millions of dollars, the landlord promised the city to set aside 85 percent of the building for manufacturing tenants. Actually, never mind that. After years of the property sitting half-empty, the landlord has received permission from the de Blasio administration to lease to commercial office tenants up to

source https://therealdeal.com/2020/01/29/city-lets-industrial-landlord-off-the-hook-in-sunset-park/