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The Boston Globe

West

Newton officials worry about tax status of Riverside development

Newton stands to gain as much as $2.2 million in annual real estate taxes if a mixed-use development next to the MBTA’s Riverside Station moves forward.

But city officials want to make sure they’ll be able to collect the money, and are backing state legislation that would close what they worry could become a tax loophole for private developments built on Massachusetts Bay Transportation Authority land.

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