An Enterprise compiling of Crossgates’ property-tax payments show the mall is due to save millions of dollars due to successfully lowering its assessed value.
Jason Southwood of Albany is seeking permission to convert the former seasonally-operated Cone Zone at 2028 Western Ave. to a year-round retail cannabis dispensary.
With a 23-percent reduction of the emergency program, Paul Tonko said, there will be more reliance on states. That, in turn, he said, would lead to “a huge tax increase” on properties because it “then filters down to the local level.” The tax cut, Tonko said, is “spending dollars on billionaires for a bonanza tax cut.”
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