New Paltz Town Board scoffs at Wilmorite’s new PILOT

March 06, 2014 05:00 PM | 0 0 comments | 14 14 recommendations | email to a friend | print
Facing an unenthusiastic public and steely Town Board, Park Point New Paltz developer Wilmorite upped the ante last week on how much it proposes to pay in lieu of full taxes into 2039. Shawn Griffin, a lawyer representing Wilmorite, unveiled a new PILOT (payment in lieu of taxes) proposal that’s worth more than $12 million in that 25-year period.
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