--- In AsburyPark@yahoogroups.com, "dfsavgny" <[EMAIL PROTECTED]> wrote: > > --- In AsburyPark@yahoogroups.com, "radio881gal" <restore881FM@> > wrote: > > > > I posted The Partners' tax appeals yesterday to no reaction. > > They're up on AsburyRadio.com. > > Doesn't anyone have an opinion on this? > > How devoted can they be to Asbury's return if they've manipulated > every > > tax abatement they can get for their subdevelopers and have been > > appealing their own taxes on every parcel on the 227 block - the > > Convention Hall firesale block - since they bought them? > > Maureen > > Asbury Radio > > > Guppies eat their young don't they? My reaction - no suprise. > Partners is certainly in its right to appeal its assessments whether > it shows good faith or not. I don't think it is any secret that the > only committment Partners has is to maximize its profit. Their name > Asbury Partners, is a misnomer. They are no partner of this city, > except perhaps to the misguided powers that be that allowed Partners > such riches at the expense of the future of this city. The assessor > should have hit them harder and really give them something to > appeal. While reassessment upon resale is not permitted, waterfront > land is very valuable as shown by the sales to the subdevelopers. > The increased assessments that Partners' is protesting don't even > come close to capturing that value. I don't know NJ law but I assume > they don't have to pay the increased amounts until the cases are > decided. If that is so they are already piling up the years and have > appealed since 2003-2004. Four years after the WRA and still no new > rateables. > I'm with you word for word on this!
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