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BRT asks Danbury for extension on tax break agreement for Main St. apartments

The Danbury City Council is being asked by BRT for another extension to its tax break agreement.  The developer is building 149 apartments on Main Street across from Kennedy Flats, but says due to unprecedented circumstances of the pandemic, they will note meet another deadline for completing the project.  The City Council previously approved a tax deferral package for BRT based on improvements.  After 7 years, the property taxes would be based on the full assessment of the complex.  BRT has received certificates of occupancy for 90 of the 149 units, but the pandemic and supply chain issues caused disruptions to the construction schedule.  The 5 story complex, which also has retail space and a second-floor rooftop pool, will connect via a bridge to an existing BRT development.  Brookview Commons is across the Still River from this new development.