The Museum of Art and Light is one step closer to reality. Manhattan city commissioners on Tuesday unanimously gave their initial approval for expanding the sales tax and revenue (STAR) bond district boundary for the proposed museum, which would be west of Manhattan Town Center on Third Street. Bob and Tracey DeBruyn, the museum developers, asked for the district expansion because they want to use sales tax revenue from the city’s STAR bond district to generate $23 million for the project. The DeBruyns have secured $21 million in private donations.
Source: themercury.com