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Re: Chase threatening to leave NY for NJ.
#4
Just can't stay away
Just can't stay away


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hey.. i don't want chase to come to nj. we finally got crime under control and now this. it will over whelm our white colar crime task force.

Posted on: 2007/4/26 14:12
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Re: Chase threatening to leave NY for NJ.
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Just can't stay away
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Quote:

DTMercer wrote:
NYC Says No to Extra Tax Breaks for Chase
NEW YORK -- J.P. Morgan Chase Bank is threatening to leave New York City if it doesn't receive bigger tax breaks to build a 50-story office tower at ground zero.


More posturing, just like Merrill Lynch did a few months ago. The companies purposely leak this to the news to cause an uproar and then the city folds and gives them their breaks. Nothing to see here, move along.

Posted on: 2007/4/26 13:14
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Re: Chase threatening to leave NY for NJ.
#2
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Also in the headlines;

FAT-ASS-BIKE threatening to leave NJ for NY if he doesn't get property and income tax breaks!

Posted on: 2007/4/26 13:10
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Chase threatening to leave NY for NJ.
#1
Not too shy to talk
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NYC Says No to Extra Tax Breaks for Chase
NEW YORK -- J.P. Morgan Chase Bank is threatening to leave New York City if it doesn't receive bigger tax breaks to build a 50-story office tower at ground zero.
Officials close to the talks told the Associated Press the bank has offered the Port Authority of New York and New Jersey $300 million for rights to develop the skyscraper.
But the bank also wants tax incentives from the city and state and if it can't get them it will consider building in Connecticut and New Jersey.
New York City offered Goldman Sachs Company $1.6 billion dollars in tax exempt bonds and $100 million in tax incentives to build at ground zero. But that deal was offered two years ago when businesses were more wary about moving downtown. Since then, vacancy rates in the neighborhood have dropped to pre-September 11th levels.

1010 WINS Boroughs & 'Burbs Page: Manhattan


(TM & © 2007 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO & EYE Logo TM & © 2007 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report. In the interest of timeliness, this story is fed directly from the newswire and may contain occasional typographical errors. )

Posted on: 2007/4/26 13:07
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