CubeSmart
in passed a zoning amendment that required a special permit for self storage to be built in the industrial business zones the reduced the land that was previously zoned by right for storage by recently excluded all self storage development from eligibility under the industrial commercial abatement program for all new projects that have final permits as of remains available for all other product types the provides property tax abatements from years on the value of all improvements these abatements are critical for attractive returns on development in the boroughs given high land cost limitations future supply | CubeSmart
Company
Deck date
March 2021
Slide
17 of 31
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