>Remember that everyone in the building will presumably be paying city wage taxes and sales taxes, it's not like they are free-riding.

That's true but I don't think we should further rely on city wage tax. It has seriously hurt our development and I don't think lower property taxes on high density housing is going to offset that enough.

The 10 year tax abatement is a temporary land value tax because it only includes the improvement portion.

I think between keeping this and encouraging the city to get rid of lots they are holding, we could do a great job infilling the city.