{"id":10080,"date":"2018-05-17T16:00:00","date_gmt":"2018-05-17T16:00:00","guid":{"rendered":"https:\/\/pinnaclereny.com\/school-to-avoid-paying-property-taxes-conversion-costs-for-20m-bronx-project\/"},"modified":"2021-02-18T19:28:34","modified_gmt":"2021-02-18T19:28:34","slug":"school-to-avoid-paying-property-taxes-conversion-costs-for-20m-bronx-project","status":"publish","type":"post","link":"https:\/\/pinnaclereny.com\/news-and-press\/school-to-avoid-paying-property-taxes-conversion-costs-for-20m-bronx-project\/","title":{"rendered":"Neighborhood Charter School signs 45-year lease for 411 Wales Avenue in Mott Haven"},"content":{"rendered":"<p>A new charter school is coming to the South Bronx under a 45-year lease deal that will let it avoid paying both conversion costs and property taxes.    <br \/>Neighborhood Charter School, based in Harlem, will open its new Bronx location at 411 Wales Avenue in Mott Haven, according to Crain\u2019s. Pinnacle Realty    of New York\u2019s <a href=\"\/agent\/decio-baio\">Decio Baio<\/a>, <a href=\"\/agent\/fredric-c-stein\">Fred Stein<\/a> and <a href=\"\/brokers\/ariel-a-castellanos\">Ariel Castellanos<\/a>    brokered the deal.<\/p>\n<p><a href=\"https:\/\/therealdeal.com\/2018\/05\/17\/school-to-avoid-paying-property-taxes-conversion-costs-for-20m-bronx-project\/\" title=\"School to avoid paying property taxes, conversion costs for $20M Bronx project\" target=\"_blank\" class=\"button\" rel=\"noopener noreferrer\">Read more at The Real Deal<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new charter school is coming to the South Bronx under a 45-year lease deal that will let it avoid paying both conversion costs and property taxes. Neighborhood Charter School, based in Harlem, will open its new Bronx location at 411 Wales Avenue in Mott Haven, according to Crain\u2019s. Pinnacle Realty of New York\u2019s Decio&#8230;<\/p>\n","protected":false},"author":4,"featured_media":10321,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[62,65,64],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Neighborhood Charter School signs 45-year lease for 411 Wales Avenue in Mott Haven - Pinnacle Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pinnaclereny.com\/news-and-press\/school-to-avoid-paying-property-taxes-conversion-costs-for-20m-bronx-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Neighborhood Charter School signs 45-year lease for 411 Wales Avenue in Mott Haven - Pinnacle Realty\" \/>\n<meta property=\"og:description\" content=\"A new charter school is coming to the South Bronx under a 45-year lease deal that will let it avoid paying both conversion costs and property taxes. Neighborhood Charter School, based in Harlem, will open its new Bronx location at 411 Wales Avenue in Mott Haven, according to Crain\u2019s. Pinnacle Realty of New York\u2019s Decio...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pinnaclereny.com\/news-and-press\/school-to-avoid-paying-property-taxes-conversion-costs-for-20m-bronx-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Pinnacle Realty\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-17T16:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-02-18T19:28:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pinnaclereny.com\/wp-content\/uploads\/2020\/10\/img-757576.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"531\" \/>\n\t<meta property=\"og:image:height\" content=\"339\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Carolina Bergara\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Carolina Bergara\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pinnaclereny.com\/news-and-press\/school-to-avoid-paying-property-taxes-conversion-costs-for-20m-bronx-project\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pinnaclereny.com\/news-and-press\/school-to-avoid-paying-property-taxes-conversion-costs-for-20m-bronx-project\/\"},\"author\":{\"name\":\"Carolina Bergara\",\"@id\":\"https:\/\/pinnaclereny.com\/#\/schema\/person\/ea0aa450dbfa269d3d7a9297fac6ec1e\"},\"headline\":\"Neighborhood Charter School signs 45-year lease for 411 Wales Avenue in Mott Haven\",\"datePublished\":\"2018-05-17T16:00:00+00:00\",\"dateModified\":\"2021-02-18T19:28:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pinnaclereny.com\/news-and-press\/school-to-avoid-paying-property-taxes-conversion-costs-for-20m-bronx-project\/\"},\"wordCount\":83,\"publisher\":{\"@id\":\"https:\/\/pinnaclereny.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/pinnaclereny.com\/news-and-press\/school-to-avoid-paying-property-taxes-conversion-costs-for-20m-bronx-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pinnaclereny.com\/wp-content\/uploads\/2020\/10\/img-757576.jpg\",\"keywords\":[\"Crain's New York Business\",\"For Sale\",\"Real Deal\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pinnaclereny.com\/news-and-press\/school-to-avoid-paying-property-taxes-conversion-costs-for-20m-bronx-project\/\",\"url\":\"https:\/\/pinnaclereny.com\/news-and-press\/school-to-avoid-paying-property-taxes-conversion-costs-for-20m-bronx-project\/\",\"name\":\"Neighborhood Charter School signs 45-year lease for 411 Wales Avenue in Mott Haven - 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