Long Beach Herald: iStar may seek $87 tax break and may sue City if they don’t get it. [WTF? OPINIONS]

Anthony Rifilato of the Long Beach Herald writes:

“Nassau County Legislator Denise Ford says that the developer looking to build luxury apartments on the Superblock will make a third attempt to secure a tax abatement to move forward with the project — and may sue the city if it is denied again.

Full article: Ford: iStar may seek $87 million tax break

Many moons ago [2014], iStar came in with this project. THEY SAID THEY WERE SHOVEL READY and our city gave them approval to build. There was not one mention of IDA when this all happened.

Shovel ready was complete BS, because they came back a year later looking for a major tax break, that would, in my opinion, ultimately hurt all the residents of Long Beach.

What would be the basis for a lawsuit? The City of Long Beach gave them permission, then kept their mouths shut. We were begging our officials to talk and they wouldn’t. It was the will of the people who were against the IDA, because we don’t want to pay for luxury beachfront units that are on ultra-rare property that’s a hop, skip and jump away from Manhattan.

an oldie, but goodie.

The Long Beach public forum on this topic is  May 9, at 6:30 p.m at City Hall.

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