It's a tense issue, whether to keep granting tax abatements to this moderate income building in Hoboken, but so far, no one knows exactly what will happen if Hoboken fails to do so. The matter is expected to come up at a council meeting in the near future. Meanwhile, the Hoboken tax revolt group has done some research and has come up with some conclusions on the topic. It may be a hot subject at tonight's Hoboken City Council meeting.
HERE is what the taxpayer group has to say. What do you think?