(Atlanta Business Journal) — A closely divided Georgia Supreme Court Monday sided with a taxpayer advocate’s legal challenge of tax breaks used to finance some of Atlanta’s most high-profile hotels and office buildings. In a 4-3 decision, the high court declared that a lower-court ruling prematurely dismissed a lawsuit filed last year by John Sherman, president […]
(Gazette) — The Prince George’s County Council is expected to vote Tuesday on whether to request specific goals for minority-based participation in developments that receive special tax incentives. Under County Resolution 98, any company that applies for Tax Increment Financing — a special arrangement where the county helps finance a development project and defers some […]
Facebook’s features organize the Web. Can it out-Google Google?
NEW YORK (WSJ)—A few years ago, real-estate developers had aggressive plans to bring trendy retail and office space to inner-city communities, which were attracting a growing middle class. Now, some of those developers are having second thoughts. The latest is Kimco Realty Corp., which is considering pulling out of a development in the heart of […]