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“The fact that a private developer will receive an ‘incidental benefit’ as a result of the project to relocate the firehouse,” the panel of four justices concurred, “will not invalidate the condemnation.”
“We are creating a community within a community,” MacQuesten CEO Rella Fogliano said, with “income diversity within one building.”
In short, residents say the IDA is too generous to residential developers, too insensitive about the residents’ tax burden and too secretive about its work.
Community Housing Innovations leased units to tenants who had too much income, a lawsuit claims.
The façade is a quilt of yellow, orange, red, pink, violet and blue concrete panels.
Company president Rella Fogliano said she was “thrilled beyond belief” to have the opportunity to change the city’s skyline.
Whoever wins the development rights may not disrupt fire department operations and must relocate the station.
What differentiated them was timing and certainty.
MacQuesten Development asked the city’s IDA to exempt it from $1.6 million in sales and use taxes and to abate property taxes for 30 years on a project at the Mount Vernon West train station.
During the discussion, panelists will share insight into what today’s urban dwellers are looking for. Those in attendance will also learn what Westchester's cities can do in order to be seen as "go-to" communities.