TITLE

N.Y.C. IDA To Weigh PILOTs Plan

AUTHOR(S)
Whalen, Robert
PUB. DATE
July 2006
SOURCE
Bond Buyer;7/31/2006, Vol. 357 Issue 32434, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the changes to the New York City, N.Y. Industrial Development Agency's tax exemption program will pave the way for payments-in-lieu-of-taxes (PILOT) public debt. The debt will be used to finance a subway extension and the Hudson Yards real estate development. The Hudson Yards Infrastructure Corp. will sell the tax-exempt municipal bonds.
ACCESSION #
21877496

 

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