SCHUMER: BUFFALO’S NORTHLAND CORRIDOR REDEVELOPMENT PROJECT IS AT RISK IF CONGRESS ELIMINATES HISTORIC TAX CREDIT; SENATOR URGES NATIONAL PARK SERVICE TO EXPEDITE APPROVAL PROCESS SO THAT PROPERTY BECOMES ELIGIBLE FOR VITAL FEDERAL HISTORIC TAX CREDITS, WHICH COULD TOTAL $16M FOR THIS PROJECT BEFORE CREDIT IS POTENTIALLY ELIMINATED BY GOP TAX BILL

U.S. Senate Minority Leader Charles E. Schumer today called on the National Park Service (NPS) to approve the Northland Corridor Redevelopment Project’s request for inclusion of a key property to the National Register of Historic Places. Schumer said the vital designation of the former Niagara Machine and Tool Works Factory would allow the project to become eligible for an estimated $16 million historic tax credit, and help spur economic development on the East Side of the City of Buffalo.