Friday, February 10, 2017

We do like to build nice things for rich people

There's always a subsidy for more luxury housing somewhere.
The building will take only part of the parking lot off Loyola Avenue, and developers have plans for a second building -- the sixth for South Market -- on the rest of that lot, she said. Designs for the building are still being finalized, she said.

Domain is seeking a property tax break incentive -- known as a payment in lieu of taxes or PILOT plan -- from the New Orleans Industrial Development Board on Tuesday (Feb. 14).

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