Willets Point's small business owners are not thrilled about the $43 million in tax breaks that were just granted to the developers who will transform a land of auto-body shops to a $3 billion retail, residential, and entertainment complex. Said one community rep: "These people are approving money and money for the developers... [and] they're not giving enough for relocation." Related Companies and Sterling Equities are behind the Willets Point project; meanwhile, Related was also given the green light for a $76.5 million tax break for Hudson Yards. [NYDN & Crain's; previously; photo by Nathan Kensinger]
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