New report examines controversial 10 year tax abatement
ListenA new report analyzed the Brewerytown Square development’s connection with the controversial abatement that gives a tax break to new and renovated properties.
The townhomes near 31st Street and Girard Avenue sit in a neighborhood that a decade ago was home to dilapidated buildings. ‘Brewerytown Square’ was the first phase in a large-scaled planed redevelopment of the area and since they opened new businesses and a grocery store have also popped up. The middle income homes are one small piece of a much larger debate taking place in Philadelphia: over the 10 year abatement. A new report put out by a developer and economist Kevin Gillen analyzed the Brewerytown Square development’s connection with the controversial abatement that gives a tax break to new and renovated properties.
WHYY’s Urban Life Correspondent Elizabeth Fiedler started off the discussion by asking developer John Westrum to explain the report.
Click the audio player to listen to the interview.
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