Two real estate partners who want to build a $22.8 million mixed-use apartment complex in downtown Albany are asking for a bigger property tax incentive than what's typically given. They say it's needed because of high construction costs, the inability to get state financial assistance and a low rate of return on the investment. Mark Aronowitz and Norman Nichols submitted an application to the Albany Industrial Development Agency seeking savings on sales taxes for construction materials, mortgage…

 

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