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Broadway's Shuberts Dine on KFC As New York City Coffers Settle For Scraps by Jeremy Gerard

EXCLUSIVE: Millions of untaxed dollars from the sale of the air above landmarked theaters—money that might be playing a starring role on Broadway—are going instead to buy fast-food restaurants and bank branches in such far-flung places as Mundelein, Illinois and Odenton, Maryland. Thanks to a quirk in the Federal tax code that effectively promotes the deals, millions more are likely to follow. At least…

SOURCE: Deadline at 5:11pm on March 11, 2015 ☆ ⚑

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