Apr 19
2012
IDA deals trigger backlash
The Erie County Industrial Development Agency has put a moratorium on granting tax breaks to hotels. The Lancaster IDA is having second thoughts about proposed tax breaks for a pizzeria. Labor unions are challenging the hiring practices at a Niagara Falls company that received property in tax breaks in 2010. After years of “full steam ahead,” local IDAs are starting to have second thoughts about business as usual. That’s not to say they’ve necessarily changed their ways – questionable projects continue to get the green light more often than not – but there’s been an unmistakenable swing in momentum. “IDAs[...]