Monday, June 16, 2014
REVIVE: HOUSING OR PARKING LOTS?
new Mayor is now going after land owners who are paying relatively nothing for property purchased decades ago because the taxes are still calculated based on the initial sales. A parcel meant for a townhouse is now worth closer to $1 million these days in Harlem so land owners will have to start paying more for not making good use of this limited commodity. As for the said lot shown above, a construction fence is now up on site now but we have yet to see what will arrive.