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Tax breaks for luxury lakeshore apartments run into opposition from Cicero officials

Tax breaks for luxury lakeshore apartments run into opposition from Cicero officials Updated 5:27 PM; Today 9:30 AM This former marina is where Trey Jay Loso LLC is planning a 248-unit luxury, gated apartment complex on the Oneida Lake shoreline with rents up to $1,800 a month.Rick Moriarty | rmoriarty@syracuse.com Facebook Share Cicero, N.Y. A developer’s request for $6.1 million in tax breaks for a planned 248-unit luxury apartment complex on the Oneida Lake shoreline has hit stiff resistance from Cicero town officials. The Cicero Town Council voted 5-0 recently to oppose any tax breaks for the 25-acre development proposed by Trey Jay Loso LLC at a former marina north of the intersection of Lakeshore and Mud Mill roads. The council said there was “no logical or rational justification” for the tax breaks sought by the company.

Developer of luxury waterfront apartments with rents up to $1,800 wants $6 million tax break

Developer of luxury waterfront apartments with rents up to $1,800 wants $6 million tax break
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