The Short North's "Jackson on High" condos get tax abatement

clipped from columbus.bizjournals.com The Short North’s Jackson on High project has been cleared for a full real-estate tax abatement over 10 years for residents of the high-end project. Developer JBH Holdings said Columbus City Council approved the incentive Monday. The abatement, which comes out to roughly 2 percent of the purchase price annually, will save the owner of a $300,000 condominium about $57,000 over the life of the credit. A JBH spokesman said about half of the 44 units have been sold in the eight-story development, set for completion early next year. Developer Brad Howe has said sale prices range from $200,000 to $900,000 with units ranging from about 900 to 2,500 square feet in size.