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Hardscrabble Apartments in Farmingdale are set to stay affordable after receiving tax breaks from the Nassau County IDA
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Hardscrabble Apartments in Farmingdale are set to stay affordable after receiving tax breaks from the Nassau County IDA
The Hardscrabble Apartments in Farmingdale will be sold and renovated, and property tax breaks granted by the Nassau County Industrial Development Agencywill allow the units to keep their affordable rent status. K&R, a for-profit developer and prospective owner of the property, had sought a sales-tax exemption of up to $115,130 on the purchase of construction materials and equipment, up to $155,800 off the mortgage-recording tax, in addition to …
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