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Local Governments Move In On Retail Vacancies

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The most high-profile local interventions have happened Washington, D.C. 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. Even smaller cities are opting for such taxes. Starting Jan.

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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 other HQ will be in Crystal City in Arlington County near Washington, D.C. percentage points.

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