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Real Estate Rumors: Related, Truck Yard, Sam Chang

By Andrew McIntyre (January 10, 2017, 6:39 PM EST) -- Related Cos. and Oxford Properties Group have scored $195 million in tax breaks from the New York City for their $4 billion tower at 50 Hudson Yards, according to a report on Tuesday from Crain's New York Business. The New York Industrial Development Agency has given the joint venture permission to put property tax payments toward development cost and has also given the companies a discount on mortgage-recording tax, Crain's said....

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