BOSCOVS: The Smoke and Mirrors over Tax Breaks and Ownership
On April 13, 2018, Mayor Rich David issued an official city news release, announcing the City had entered into a one-year extension of lease, PILOT, and parking agreements with Boscovs Department Store. The release, available on the City’s website (and pictured below), stated, “A one-year extension of Boscov’s payment in lieu of taxes (PILOT) agreement […]
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