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Read BellTel's Lips, No New Taxes

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Downtown Brooklyn's BellTel Lofts now has an enticing new feature to dangle in front of potential buyers. The Brooklyn Eagle reports that a tax abatement has just come through that will result in zero taxes through 2019. We'd get more into the details, but the rest of the article is filled with so much developer spiel that our eyes started to bleed. On the scale of exciting BellTel Lofts news, we'd rank this above the iPods and 4 percent mortgages, but below the failed bid to house the Real World. [Brookyln Eagle]