The 485-a exemption is supposed to spur development, but some have allegedly taken advantage of it, with one of the most extreme cases involving a Syracuse apartment owner who shaved $527,000 off property taxes by installing three vending machines.
The 485-a exemption is supposed to spur development, but some have allegedly taken advantage of it, with one of the most extreme cases involving a Syracuse apartment owner who shaved $527,000 off property taxes by installing three vending machines.
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