"Bronx-based developer the Stagg Group is planning a 14-story, 44,000-square-foot, mixed-use building. The property would have 187 residential units, 17,000-square-feet of commercial space and 3,000-square-feet of ground-floor retail space." Lohud 11/30/18
Retail Space: 3000 sqft
Planning Board Approval:
Length: 0 months
Full Property Tax: $
Owner Savings: $
Mortgage Tax Exemption: $
Fair Share Mitigation: $
Data Last Updated: 12/5/2018
*Data listed here is subject to change. FOIL/FOIA requests are pending to obtain any missing data. Some of these numbers are estimated. Data comes from city documents.
** GLOSSARY TERMS: "As Is" taxes are the taxes of the property before development. Full Property Taxes are the taxes of the property after development. PILOT means Payment in Lieu of Taxes, which is less than full property taxes. Owner savings is the property tax abatement in dollars and as a percent of Full Property Taxes. PILOT length is the number of years that the PILOT is in effect. Fair Share Mitigation (FSM) fees are monies collected by the City from the developer to cover future infrastructure needs. The school system gets approximately 2/3 of the FSM fees.
*** Residents are calculated as follows: Studios = 1, 1BR = 1.5, 2BR = 3, 3BR = 4.5 (NDC formula) Students are calculated as follows: Studios (*0), 1BR (*0.014), 2BR (*0.141), 3BR (*0.213) (NDC formula)
*Data updating and collection is done by volunteers and may contain the occasional error or miscalculation.