Ceres
REAL ESTATE
Olean alderman OK 40-year PILOT for new 60-unit apartment complex
OLEAN — The Olean Common Council agreed Tuesday to a 40-year payment in lieu of taxes (PILOT) agreement for a new 60-unit apartment complex to be located behind a redeveloped Olean Center Mall. People Inc., the Buffalo-based developer of the three-story apartment complex, will pay an initial $19,185 to...
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