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The Citigroup Center, originally known as Citicorp Center, is a 59-story skyscraper at 601 Lexington Avenue in the Midtown Manhattan neighborhood of New York City. [ 5 ] [ 6 ] [ 7 ] It was designed by architect Hugh Stubbins as the headquarters for First National City Bank (later Citibank), along with associate architect Emery Roth & Sons .
Under a new agreement announced in April 2021, Foxconn will reduce its planned investment to $672 million with 1,454 new jobs. Tax credits available to the project were reduced to $8 million. In April 2023, Microsoft began purchasing sites within the project and began building a data center campus.
The New York City Department of City Planning passed the 1961 Zoning Resolution in October 1960, [7] and the new zoning rules became effective in December 1961, superseding the 1916 Zoning Resolution. [8] The new zoning solution used the Floor Area Ratio (FAR) regulation instead of setback rules. A building's maximum floor area is regulated ...
A data center can be a large contributor to the local tax base - Microsoft's initial pledge was to add $1 billion in taxable property value in just the first, two-building phase of construction.
Wisconsin's median home sales price has nearly doubled in the last decade, from $139,000 in 2013 to $270,000 in 2023, according to WRA data. Prices have increased sharply largely a consequence of ...
The 486 ft (148 m) tall neo-Romanesque City Investing Building is one of many buildings that can no longer be seen in New York today. It was built between 1906–1908 and was demolished in 1968. This is a list of demolished buildings and structures in New York City. Over time, countless buildings have been built in what is now New York City.
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NEW YORK (Reuters) -Netspend, a provider of reloadable debit and payroll cards, will pay about $1.1 million to settle New York state accusations it illegally charged low-income customers ...