They voiced concern about the cost - $100 to $200 a year per apartment.
The total project is estimated at $4.8 million, about $137,000 per apartment.
The price worked out to about $17,000 per buildable apartment.
The cost per apartment is to be $60,000 to $65,000.
The proponents estimate that the tax would average $100 to $200 a year per apartment.
Construction, which costs about $65,000 per apartment, is done by contractors.
"We're hearing that the Federal program is what's building these projects, so why the hell are we giving away $100,000 per apartment?"
The average water and sewer cost per apartment last year was $249.
"There are 76 units," he said, "so the average insurance cost per apartment is going from $408 to $646."
The new owners paid $15 million, about $66,000 per apartment, for the 225-unit landmark.