Without comment from the public or its members, City Council on Monday night unanimously adopted a 20-year Payment In Lieu Of Taxes (PILOT) for The Gramercy.
Continue reading City Council approves Gramercy 20-year PILOT
Tag Archives: Monroe Street
Gramercy PILOT would shave $100k off tax bill
A proposed PILOT for The Gramercy would stipulate an annual fee of $78,000, about twice as much as the properties currently generate in taxes but about $100,000 less than what the completed project might pay.
Continue reading Gramercy PILOT would shave $100k off tax bill
Parking dispute nears final settlement
A dispute over downtown parking should be officially settled by next month, which could pave the way for groundbreaking on the 208-unit Main & Monroe project as early as this year. Continue reading Parking dispute nears final settlement
Dispute over parking nears settlement
A series of property sales and lease-backs should settle a dispute over parking that will allow a new development to go forward. Continue reading Dispute over parking nears settlement
Parking dispute holds up next downtown project
Redevelopment officials hope to resolve a dispute over parking by the end of next month to get the next downtown project under way, which could impact another development on the drawing board.
Continue reading Parking dispute holds up next downtown project
The Gramercy aims to begin by March
The developer of an East Cherry Street project hopes to begin site work on the development by the spring.
Top 15 posts of 2015
It’s that time again to take a look back at the year that was, and so here it is, a breakdown of the most viewed posts of 2015 by you, our faithful readers.
Council to dedicate Monroe Street extension
City Council will vote next week on an ordinance that will set in motion the creation of a new public street through what today is Lot B as part of the 208-unit Main & Monroe development.
Continue reading Council to dedicate Monroe Street extension