Times Square area.Another problem stymying new con struction and substantial renovation outside of the highly subsidized sub·si·dize tr.v. sub·si·dized, sub·si·diz·ing, sub·si·diz·es 1. To assist or support with a subsidy. 2. To secure the assistance of by granting a subsidy. corporate retention deals and in the Times Square area, developers say, is that new office buildings would be valued at somewhere between $15 and $20 a square foot forcing rents much higher than CEO's want to pay. Those numbers do not compare well with assessed values on the newest late-1980's prime, Class A properties that fall out closer to $11 and $12 a foot.n Developers are simply seeking a five-year phase in- of the improvements that would follow the current transition assessment guidelines guidelines, n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. for any other in crease crease (kres) a line or slight linear depression. flexion crease , palmar crease in assessed value. But that change has to be added to the state enabling legislation Noun 1. enabling legislation - legislation that gives appropriate officials the authority to implement or enforce the law legislation, statute law - law enacted by a legislative body . Watch for lots of legislative back room bargaining over the coming weeks. |
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion