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Re: Jersey City’s Powerhouse Arts District receives 30-year tax abatement
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Actually, the city lied at the council meeting. If you watch the caucus meeting which I attended, corporation counsel stated the income guidelines are between $80,000 to $120,000 in which Councilwoman Coleman said artists she knows only make $20,000 a year. The reply for corporation counsel was the income is higher due to the neighborhood. So, the city is giving out 30 year tax abatements based $80,000 to $120,000 income guidelines. Also, during the public portion of the meeting. I used a phone to look up the sales price in that neighborhood. The prices were $350,000 to over one million, you would need an income of $100,000 to purchase at the lower end.

Posted on: 2015/7/23 22:35
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Re: Jersey City’s Powerhouse Arts District receives 30-year tax abatement
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Thanks, I had no idea I was on Hudson County View. If you did not make your usual negative comment, I would have missed the story.

Posted on: 2015/7/23 22:18
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Re: Jersey City’s Powerhouse Arts District receives 30-year tax abatement
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Quote:

Pebble wrote:
Does it?


EXACTLY. I clicked on the link, saw Yvonne's mug in the video still and promptly assumed it would be a waste of time and closed the page.

Posted on: 2015/7/23 19:17
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Re: Jersey City’s Powerhouse Arts District receives 30-year tax abatement
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Does it?

Posted on: 2015/7/23 18:57
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Jersey City’s Powerhouse Arts District receives 30-year tax abatement
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Home away from home
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Posted on: 2015/7/23 18:08
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