"It's the best exemption to come down the pike"

Over at the Business Review, Mike DeMasi walks through the history and rationale behind the tax break that Albany's city assessor has said he mistakenly applied to some prominent projects in the city (after Mike pointed it out). The program got off to a slow start in the early 2000s, but officials in other upstate cities say the break has helped spur mixed-use downtown development in recent years. (An aside: There's probably a good critique to be made that all sorts of complicated tax break programs that advantage the actors who have the resources and connections to work through them.) [Biz Review]

The Scoop

For a decade All Over Albany was a place for interested and interesting people in New York's Capital Region. It was kind of like having a smart, savvy friend who could help you find out what's up. AOA stopped publishing at the end of 2018.

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