Still, he said, it would be inappropriate for Charles Kushner’s company to expect the same level of support that Murray’s got.

"When someone goes to redevelop an area first, they’re taking the most risk and deserve incentives to help make sure it works," Yun said. "But once there’s already an established development there and things are starting to happen, it’s a safer investment. So there’s no reason for such big tax breaks."

This article was provided by Bloomberg News.

First « 1 2 3 » Next