Tuesday, September 15, 2009

Seeking Henry George

Speaking of Downtown parking.  Someone in a comment a while back asked an interesting question.  Why is the surface parking lot just across the street from the City-County building so undeveloped? 

Here is the assessment record of the parcel.

Looks like they are appealing their property value right now even.  So we can tie it all to assessments as well.

This press release might be about them, but I really don't know.  It says it is a parking REIT listed on the Amsterdam stock exchange.  Cool.  Gotta be a G20 link there somewhere.  And since this is Pittsburgh and everyone and everything is related, these folks sound like the optimal market in the potential bidders for the city's parking assets.  How many parking REITs are there out there big enough to think about that, and with some Pittsburgh experience to boot. 


Blogger n'at said...

Remind us why we don't have the land tax anymore? And so we don't break gooooooogle, just provide the direct link at briem dot com.


Tuesday, September 15, 2009 4:16:00 PM  

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