000 00911nam a2200145Ia 4500
005 20260716043126.0
080 _a11.01.02 S663
100 _aSmith, Winston C.
245 _aEconomic evaluation of the J51 tax incentive program of New York
260 _bCentury University
_aAlbuquerqueUS
_c1993
300 _axi,182 leaves
520 _aPresents an economic evaluation of the J51 program using the technique of cost/benefit analysis and utilizing data over the period 1977-1991. Identifies the program's direct costs as the real estate tax revenue forgone in the form of abatement and exemption benefits by New York City while the direct benefits are considered as the increase in real estate tax revenue which will result from improved property valuation when the benefits are expired. Suggests the programme should be modified or replaced with an alternative.
583 _c3/7/00
_kM2LMGR
942 _cM
_mS663
999 _c40842
_d40842