Wednesday, March 07, 2012

Assessment angst around?

So am I misperceiving things, or is angst over reassessments pretty quiet?  A decade ago the surge against assessments was virtually nonstop for over a year.

Anyway. In the news today is a note that a Downtown office building, Penn Avenue Place. sold for $54 million.   It's current assessed value: $35.9 million.   It's 2012 assessed value: $50.9 million.

Just saying is all. 

Actually what is kind of remarkable is that the news item, albeit a short real estate note, does not mention even in passing that the property is that which was once Horne's Department Store.   Memories.

apologies: Sam caught this days ago, and of course connected the dots with Hornes.

2 Comments:

Anonymous Anonymous said...

Reminds me of a joke I heard last night on a Larry Sanders episode: Sam is from the school they tore down to build the old school.

Wednesday, March 07, 2012 8:54:00 AM  
Anonymous BrianTH said...

The angst level has definitely plunged. Obviously giving people another year to sort everything out helped, as did the work by Chris and others to explain the actual implications of all this. But if I had to point to a single factor, it would be the pols and the media no longer deliberately stoking the fire.

Incidentally, I feel like I have seen an uptick in the number of people asking questions of the form why can other jurisdictions do reassessments on a regular basis without all this mess and fuss. That's a question Chris (among others) has been suggesting, and I think it is starting to sink in that reassessments don't have to be like this.

Wednesday, March 07, 2012 10:06:00 AM  

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