Canal Walk Lofts lose $2.44 million in tax abatement as the result of pump house destruction

The idea of tax abatement is great. Build a business using a historic structure and you get a break on some taxes for a set period of time. Style Weekly ran an article about the abuses that are taking place and pointed specifically at Canal Walk Lofts …

The idea of tax abatement is great. Build a business using a historic structure and you get a break on some taxes for a set period of time. Style Weekly ran an article about the abuses that are taking place and pointed specifically at Canal Walk Lofts as an example. Apparently the city has woken […]

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