Coffee Talk (Sara/Mana edition)

Coffee Talk (Sara/Mana edition)

Help for the Times

All the pieces appear to be in place for New York Times Management Services to build its new Sarasota Herald Tribune headquarters on Main Street - including some extra community financing. GCBR obtained a draft redevelopment agreement between the NYT and city's Community Redevelopment Agency, which calls for the owner of the Sarasota Herald to receive $768,131 in tax increment financing for the new building. The financing deal breaks down to: