Going green is typically associated with elevated costs, but federal tax incentives can actually make going green financially
appealing for real estate developers and owners of private buildings.
Not exact matches
Silver's other legal work,
for a separate firm that handled property tax assessment
appeals, was unknown to the public until a year ago: Prosecutors successfully argued that Silver received legal fees from
real estate developers — including Glenwood Management, the state's most generous political donor — that had extensive business before the Legislature, and did his best to conceal the arrangement from ethics watchdogs.
But during his trial, Silver was found to have arranged payments from
developers to a law firm that handled property tax
appeals for real estate companies, yielding hundreds of thousands of dollars in fees
for the speaker.
The arrangements have increasingly
appealed to U.S.
real estate developers looking
for financing of late.