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The developers benefit in part from the hotel's proximity to the Staples Center, which houses four professional sports teams; Marriott guests are expected to help drive the sales of tickets and team souvenirs.
Under legislation passed in 1990, a slice of that increased value can be redistributed in kind to the local community, so that others, apart from developers, benefit from planning permission.
Both local politicians and often not-so-local developers benefit enormously from this growth, but rarely stay put long enough to have to cope with the crises caused by overcapacity and volatile demand.
If, as I've suggested, he and other real estate developers benefit from their ability to deduct paper losses against ordinary income and to defer capital gains taxes indefinitely through so-called like-kind exchanges, he has proposed nothing that would probably increase his own taxes.
Lastly, token developers benefit because pricing in their native asset should serve to reduce sell-pressure.
"Less and less new apps and developers benefit from the current approach each month.
Similar(50)
As noted above, Indian developers benefited from social networking with western counterparts (Heeks 1999).
But a smaller amount of developers benefiting from it must be concern for Apple.
Apps they might otherwise have been tentative about installing could presumably be fine-tuned to fit their tastes now — which may also have some developer benefits, if it helps drive overall installs.
And even developers can benefit from wage and benefits negotiations.
Because the state owns all land in China, and residents have little bargaining power, local governments and developers often benefit from lower development costs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com