It would be great if the Americus hotel was included in the Allentown NIZ borders, but it’s probably true that Albert Abdouche would have to go to the state to get the NIZ boundaries expanded, and that seems like a heavy political lift.
Best of luck to Mr. Abdouche on that, but a more realistic next-best option would be to lobby the Allentown School District to copy the city of Allentown’s millage rate spread between land and buildings:
As you can see, the City of Allentown taxes land at 5 times the rate for buildings. If the Allentown School District copied the city’s millage spread, the impact would be a sizable tax abatement on Mr. Abdouche’s renovation of the Americus Hotel AND a property tax cut for about 75% of landowners in the Allentown School District. This is great politics.
Raising the tax rate on land value, while lowering the tax rate on building value, would also turn up the heat on vacant land owners in the NIZ, pushing them to build a building, sell the land to a developer who wants to build a building, or internalize the opportunity cost of land speculation by paying substantially higher taxes.