This weeks article discusses the turning point that developer's and loft buyer's are beginning to face. Since most of the projects have stopped offering tax abatment, the market has continued without significant disruption. Now it's the developer's turn: will they continue to build without the incentives that they have been granted that helped start this movement? The answer seems like a clear, "yes" at this point.
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Thursday, October 05, 2006
National Fan Base
This weeks article discusses the turning point that developer's and loft buyer's are beginning to face. Since most of the projects have stopped offering tax abatment, the market has continued without significant disruption. Now it's the developer's turn: will they continue to build without the incentives that they have been granted that helped start this movement? The answer seems like a clear, "yes" at this point.
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