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Local Governments Move In On Retail Vacancies

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has hiked the normal commercial property tax rate on vacant property from between $1.65 On March 3, San Francisco voters approved Proposition D , a property tax aimed at filling vacancies. Backers of the tax position it as a solution to the increasing amount of empty retail space in the city. and San Francisco.

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New Yorkers To Amazon: We Support Your New HQ

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They do have some trepidations, however, as polled residents were split over the finer points of the multibillion-dollar incentive package that was offered to lure the online retail giant to the area. The poll surveyed 1,075 New York City registered voters, with a margin of error of plus or minus 3.8 percentage points.

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