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Local Governments Move In On Retail Vacancies

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It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. In fact, last week, it was announced that the building would be the new home of the Milwaukee School of Engineering’s K-12 STEM program. has hiked the normal commercial property tax rate on vacant property from between $1.65

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Retailers Woo Homebound Consumers With Big Deals

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With the closure of nearly all casinos nationwide, the online gambling trade group iDevelopment & Economic Association (iDEA) is asking states to free up restrictions so casinos can replace some revenue lost from shutting doors — and help refill state tax coffers, The Wall Street Journal reported.

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Amazon Gains Juicy Incentives With New Headquarters Locations

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No offense against a great part of New York City, but sometimes it can take a little bit of a push to get people (tourists, mainly) to visit Queens. Amazon has selected New York City and Northern Virginia as the homes for its second and third headquarters.

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What’s Next For Real Estate In Amazon’s HQ2 Cities?

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13) on its new headquarters. The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., and in Long Island City, a neighborhood in Queens, New York City. In New York City, Amazon’s $1.2

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Foot Locker Reports Same Store Sales Up 18 Pct

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the New York-based athletic retailer, reported comparable store sales increased by 18 percent in the second quarter (Q2) that ended Aug. In June, Nike CEO John Donahoe said the financial crisis would likely see the athletics retailer cutting jobs after a $790 million loss in revenue in the fourth quarter (Q4).

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Mastercard: Data-Driven Insight Key To Fast-Tracking America?s Reopening

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To that end, and as announced Friday (May 29), Mastercard launched its new Recovery Insights tool that is aimed at helping governments pinpoint where aid needs to flow, and businesses fine-tune operations to serve consumers more efficiently.

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Saving Main Street: Cities Pick Up The Recovery Role

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For example, Seattle announced that it will allow eligible businesses to defer business and occupation taxes and expand its Small Business Stabilization Fund. According to the JPMorgan Chase Institute , 47% of small businesses have less than two weeks of cash liquidity on hand, with restaurants and retail operating at the slimmest margins.

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