Another Successful M & P project: RAL’s Union Square Tech Training Center

I was part of the team that worked out the Tax Exemption and tenant (Civic Hall) lease escalation details.

NYEDC leases property to RAL they build building, Not-for-profit status gives building 33% exemption, which benefits the tenant and developer.

We get Tax certiorari work and consulting fee.

Boy I love the projects we are involved with.

Oh, by the way, Civic Hall is a free tech training organization helping young people get into highly specialized fields.