Thursday, April 26, 2012
Allentown Mayor Ed Pawlowski, who has already sued developer Abe Atiyeh and has threatened the rest of them, will be allowed to make a brief presentation. NIZ developer J.B. Reilly will insist he's not poaching Lehigh Valley businesses, even though the only businesses he has recruited for his NIZ have all been local.
After they're finished, they will be asked to leave. Like the Swiss Guard, Township Supervisors will then lock the College of Developers into a room, where they will pray for an answer.
If you see yellow smoke curling from Best Western on your way home tonight, it's bad news. But if white smoke shoots to the heavens, it can only mean one thing.
Townships are concerned about an EIT tax grab, but they and real estate mavens are even more worried that subsidized office rents within the NIZ will allow J.B. Reilly to poach their tenants. If that happens, their real estate values will decline, reducing the tax base.
Habemus Tax Hike!.
Donning their red robes, developers like Don Frederick, Michael Roma, Abe Atiyeh, the Chrins, the Benners, the Pektors and the Zawarskis will all be there.They now know that the Governor's office has conceded the legislation is unconstitutional. They now know that Senator at Browne is trying to fix it.
They are in a much stronger position than they were two weeks ago, when they first met.
Sara Hailstone, who attempted to crash the last conclave, has already been spotted checking into Best Western for the night.