I'm finding some puzzling things in the October, 2007 Stamford assessment database, and wonder how they might be explained.
I'm finding some puzzling things in the October, 2007 Stamford assessment database, and wonder how they might be explained.
Posted at 06:16 PM in assessment, better cities, downtown, economic development, FIRE sector, hole in the ground, housing, housing affordability, incentive taxation, land appreciates, buildings depreciate, land share of real estate value, land value taxation, phase-in, privilege, property tax is two taxes, property tax reform, property taxes, revaluation 2007, taxes, unburdening the economy, underused land | Permalink | Comments (0) | TrackBack (0)
Tags: assessment, property tax reform, Stamford, underused land
In a recent NYT, there is an article about the building on the southwest corner of 72nd and Madison in NYC. Twice in the article and once in the caption to the photos, the building is referred to as a "taxpayer" or "taxpayer-style building."
The article describes the 2 buildings which have occupied the 48' by 100' lot on the sw corner of 72nd and Madison: the first was a 5-story mansion built in 1894, which was occupied by an ex-wife of William K. Vanderbilt II. On the northwest corner stood Louis Tiffany's grand house, and Gertrude Rhinelander was building her chateau, now the Ralph Lauren store, on the southeast corner. The mansion remained a private home until 1951, when it was
... replaced with a two-story-high taxpayer-style building, designed by Boak & Raad with severe simplicity.
Ralph Lauren acquired the old Rhinelander mansion for its flagship store in 1986, and seven years later took over the taxpayer on the site of the Cutting house. It has operated a store there since then.
Posted at 01:51 PM in assessment, better cities, cui bono?, downtown, economic development, financing infrastructure, FIRE sector, hole in the ground, incentive taxation, land appreciates, buildings depreciate, land share of real estate value, land value taxation, property tax is two taxes, property tax reform, sprawl, tax reform, underused land, wages, working poor | Permalink | Comments (0) | TrackBack (0)
Tags: highest and best use, land value taxation, parking lots, property tax, underused land, vacant land