Related Companies’ expansive promise for the Western Rail Yards is one step closer to reality — or at least one step closer to a handsome tax break. The city’s Industrial Development Agency approved a resolution that amends the Uniform Tax Exemption Policy in the area with the Hudson Yards development site, Crain’s reported. The expansion of the relevant zone, notably, is not the same as Related receiving its desired tax break. The 15-person board — partially stacked with mayoral appointees — almost unanimously approved the change to the Uniform Tax Exemption Policy. The exception was Comptroller Brad Lander, who supports […]

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