In 2016, Jersey City’s population is set to exceed Newark’s. With an influx of newcomers, city officials have pioneered a tax incentive plan that encourages new development while actively combating segregation by income. While these goals usually conflict, officials are confident that the program, Payment In Lieu of Taxes (PILOT), will meet the needs of all stakeholders.
Although it hasn’t yet broken ground, Kansas City plans to revive a long-dormant streetcar network. Voters approved a ballot measure in 2012 to fund a 2-mile starter route from Union Station to the River Market, nearly 55 years after the city halted its original streetcar service in 1957.
Now Kansas City residents are likely to vote again to help pay for streetcar construction, this time to approve taxes that would help fund a new streetcar taxing district. The measure goes to City Council on Jan. 23. Read More
UPDATE — November 10, 2010 — The good news is Moss reopened today after resolving a reported tax bill of around $150,000. It seems that for now the store is safe. The bad news is your credit card may not be.
“Design Hates a Depression“—that was the verdict delivered by Murray Moss, owner of the eponymous store and gallery space in Soho, at the beginning of last year. It seems that he was right. As of Friday morning, the store had been seized for nonpayment of taxes. For now, the arbiter of design retail in NYC and beyond is the property of the State of New York.