It ultimately agreed to stay put after Mayor Edward I. Koch granted a property tax break now worth more than $125 million.
The latter is specified in terms of strata, from 1 to 6, in which strata 1 and 2 group inhabitants with the lowest economic capacity and are therefore granted a property tax exemption, whereas strata 3 6 group property tax payers.
Due to the complexity of many biologics, the assessment of "equivalence" for products obtained from different manufacturers currently presents a new set of challenges to regulatory agencies, since it is not perfectly clear how similar the biosimilar trastuzumab and its licensed equivalent need to be in terms of physicochemical properties for granting a marketing authorization.
There is, nevertheless, something intuitively powerful in the notion that it is activity, or work, that grants one a property right in something.
Granted that a property right, privilege, or power exists in a private person, it may be asked whether that right, power, or privilege can be transferred to someone else.
Qualitative calculi are defined to capture domain properties in relation operations, granting a relation algebraic approach to reasoning.
"J-51 tax exemptions are very few and far between," he said, adding that for the city to grant an exemption, a property owner must perform a major rehabilitation of the building that results in an increase in assessed valuation.
Even if they wanted to sell, they say, they would run into the refusal of banks to grant a mortgage on property now known to have environmental hazards.
In subdivisions or other projects developed according to a general plan, all lot owners have the right to enforce the reciprocal servitudes unless the right has been exclusively granted to a property-owners association or is otherwise expressly denied to the individual owners.
He added that while an owner has a legal right to build to the property line, it is nevertheless possible for a property owner to grant a light and air easement to the owner of an adjacent property.
