Albany Cuts Tax Assessment at Proposed Kenwood Data Center

Representatives of EKG Group, the developer behind the proposed Kenwood Data Center project in Albany, say they have reached a property tax settlement with the City of Albany to reduce the property’s assessed value from $18 million to $3 million, an 83% reduction. No Kings Collective Albany has asked how at a time when the City of Albany is lacking funds and the mayor is advocating for a property tax increase for middle class residents, why would the city decide to give a large company such a tremendous reduction in taxes? Bryan Paz-Hernandez and John Cutro talk to Mark Dunlea of Hudson Mohawk Magazine.