NEW YORK: The two hundred and eighty-eighth entry for the seniors housing Global Awards 2016 has been received.
In Lawrence, development partners received city approval for an 85 percent, 10-year tax rebate on new taxes generated by the approximately $75 million project, through the National Revitalization Act. They entered into a cost-share agreement for reconstruction of adjacent streets — one that could have the city paying about $250,000 of the $1.5 million total, pending City Commission approval Tuesday. Developers are also allowed to keep fees for more than 100 new metered spaces, but not fines for violations.
