Top NYC Landlords Subpoenaed For Tax Break Info

Law360, New York (August 7, 2013, 4:09 PM EDT) -- Five of the biggest landlords in New York City were hit this week with subpoenas from a state corruption investigation commission seeking documents related to tax breaks the companies received as the result of a law signed by Gov. Andrew Cuomo earlier this year.

The law, signed in January, reduced residential property taxes for five development sites across the city, including three reportedly controlled by Extell Development Co., Thor Equities LLC and Silverstein Properties Inc., as well as others controlled by Fisher Brothers and Friedman Management....
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