Developer seeks tax break for waterfront towers
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Developer Don Chiofaro has raised the possibility of receiving a tax break from the city to help subsidize the two-tower development he has been trying for years to build on Boston’s downtown waterfront, according to e-mails obtained by the Globe.
The tax break was broached during a meeting in July with Boston Redevelopment Authority officials on his plans to replace the Boston Harbor Garage with a hotel, residential, and office complex. The discussion was detailed in an e-mail sent by a senior BRA official, one of 2,500 messages the Globe obtained through a public records request.
“We met with the Chiofaro team last week and they believe they can make a project work with the height and FAR [floor area ratio] proposed with tax incentives,” BRA waterfront planner Richard McGuinness wrote in an e-mail to colleagues and consultants retained by the city.
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