Friday, December 04, 2009

The plans for arena transactions and PILOTs; see if they make sense to you

Wondering how the Atlantic Yards arena deal would work? The Barclays Center Arena Preliminary Official Statement (prepared by Goldman Sachs) offers some charts on the deal structure and the payments in lieu of taxes (PILOTs).

Click on graphics to enlarge.

The deal structure

The collection and application of PILOTs

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