Looking at some of their other properties. If they bring that same vision to Rotterdam Square Mall then we can expect something very positive to develop from this.
Not likely.
Some of his other properties have been declared unsafe, and he has been sued by cities for the run down properties he has failed to maintain/demolish.
Agree. I know someone who bought a house for $110K and was assessed for $200K. They wouldn't lower the taxes. They got a lawyer and the court ruled in favor of the new home owner. Assessment was dropped to the sale price. It will be interesting to see what happens.
So, if I sell my house to my neighbor for $40,000 and he sells me his for $40,000 we have a chance of getting our taxes lowered?
Maybe, if all homeowners paid their taxes, on time, they wouldn't keep going up every year.
Just a thought.
We are advised NOT to judge ALL Muslims by the actions of a few lunatics, but we are encouraged to judge ALL gun owners by the actions of a few lunatics. Funny how that works.
Um, the town gets one percent a month extra for late tax payments.
Late payments should actually benefit the town.
So, you're saying it would benefit the town if EVERYONE paid months or years late?
There's some great logic.
We are advised NOT to judge ALL Muslims by the actions of a few lunatics, but we are encouraged to judge ALL gun owners by the actions of a few lunatics. Funny how that works.
You should be an analyst for Chase Bank and GE Moneybank.
Ask them if they prefer immediate payment or 12% interest.
I'll just excuse your ignorant replies and note that you are either 20 years old, or have the mental age of a 20 year old.
You're right - almost. I have one credit card, used for emergencies - and always paid off on time, monthly. I don't pay interest on ANY loans. Yes, I'm sure they'd prefer to make more off my accounts, but as a responsible adult, I pay my bills, when they come due, without negotiation - or interest. I tend to take more responsibility than you obviously.
We are advised NOT to judge ALL Muslims by the actions of a few lunatics, but we are encouraged to judge ALL gun owners by the actions of a few lunatics. Funny how that works.
You're right - almost. I have one credit card, used for emergencies - and always paid off on time, monthly. I don't pay interest on ANY loans. Yes, I'm sure they'd prefer to make more off my accounts, but as a responsible adult, I pay my bills, when they come due, without negotiation - or interest. I tend to take more responsibility than you obviously.
So you own no property but choose to rant about those who don't pay taxes quick enough for you?
If you were a homeowner, you would realize most property taxes doubled recently when they did the selective reassessments.
You must be on the town's payroll.
Think about the topic we are talking in.
The Mall is failing due to high taxes, causing businesses to flee the county.
Schenectady County taxes are nearly the highest in the state and near the top of the country.
And you choose to blame the taxpayers.
Not the management that just gave themselves raises.
Maybe, if all homeowners paid their taxes, on time, they wouldn't keep going up every year.
Just a thought.
now THAT'S the thought of a 'too big to fail' scheme.....I get that things need to be paid for...I really do...I like roads to drive on, clean water out of the tap....but collecting taxes is like running a bunch of union workers....there are the sandbaggers that NO ONE can do anything about, but they still collect their f'en paycheck while others pick up their slack because they can't stand it.....
it's the toilet paper/toothpaste issue....
corporations are PEOPLE PEOPLE are PEOPLE
interesting truth table isn't it?
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
So you own no property but choose to rant about those who don't pay taxes quick enough for you?
If you were a homeowner, you would realize most property taxes doubled recently when they did the selective reassessments.
You must be on the town's payroll.
Think about the topic we are talking in.
The Mall is failing due to high taxes, causing businesses to flee the county.
Schenectady County taxes are nearly the highest in the state and near the top of the country.
And you choose to blame the taxpayers.
Not the management that just gave themselves raises.
Excuse me, where did I indicate I owned no property in the town? Maybe I missed that part.
Perhaps you misinterpreted my post - I said I have no loans nor do I pay interest on credit cards.
Did you perhaps read that incorrectly? Or did you ASSUME something not in evidence?
We are advised NOT to judge ALL Muslims by the actions of a few lunatics, but we are encouraged to judge ALL gun owners by the actions of a few lunatics. Funny how that works.
Excuse me, where did I indicate I owned no property in the town? Maybe I missed that part.
Perhaps you misinterpreted my post - I said I have no loans nor do I pay interest on credit cards.
Did you perhaps read that incorrectly? Or did you ASSUME something not in evidence?
More word games.
If you own property, just say that you do.
Why the deceptive non-answers?
You said you pay no interest on ANY loans.
That would suggest no mortgage.
Combine that with the juvenile manner with which you post and you will see why I make my deductions.
Young people with no mortgage means likely non-homeowner.
You haven't claimed to be a homeowner, you are merely questioning why I believe that you aren't.
I gave you my reasons.
So continue your childish games, or just say whether you own property in Rotterdam or not.
Another reason I think you are too young to own property without a mortgage is your outrageously ignorant statement that if homeowners paid their taxes on time taxes would stop going up.
Anyone who has an adult mental age knows that taxes will never stop going up.
Just to clarify, I'm asserting that your IQ must be terribly low if you are old.
Here is the formula for you.
Mental age divided by chronological age times 100.
So, I'll be generous and give you a mental age of 24 based on your ignorance and lack of understanding finances.
Therefore, if you are 24, then your IQ would be 100, or average.
If you are 48, your IQ would be 50 and that would explain your posts.
If you are over 50, then your IQ is dangerously close to unmeasurable.
Perhaps I am totally wrong, but this is the impression that you made on me.
1% for late taxes does not cover the cost of money...it is a token assessment. Cost to the town and the other taxpayers exceeds the 1%, so it is a loss.
12% on credit cards is the fee for using their money, and they would prefer to collect that fee, but they are in a no lose situation anyway, since your merchant pays a % of charge to the bank for each sale
Back to topic, I do agree that DVOR's assessment may be a "wish", nut the track record as pointed out by L4L and well documented all over the internet, makes me suspect on the value of this sale for the future. Guess time will be the only determining factor
JUST BECAUSE SISSY SAYS SO DOESN'T MAKE IT SO...BUT HE THINKS IT DOES!!!!! JUST BECAUSE MC1 SAYS SO DOESN'T MAKE IT SO!!!!!
The big question is does the owner have a plan to revitalize and the money to do it -- and the intent to do it. Companies that buy up already developed commercial property do so for a variety of reasons -- some actually intend to put a lot of money into it and revitalize (like the company that bought Colonie Center a few years back), some buy the property to tear it down and redevelop it for a different use and some buy the property for income tax purposes (write off the vacancies and the initial investment) only to sell the property when the income tax benefits run out. The only thing that we do know is that the company buying the mall is from the NYC area but most of their property holdings are in the south and midwest. How Rotterdam and Rotterdam Square Mall fit into this mix -- is the great unknown at the moment. Hopefully, they will have a plan and will back it up with the money to implement the plan. For now, we'll just have to wait and see.
George Amedore & Christian Klueg for NYS Senate 2016 Pete Vroman for State Assembly 2016[/size][/color]
"For this is what America is all about. It is the uncrossed desert and the unclimbed ridge. It is the star that is not reached and the harvest that is sleeping in the unplowed ground." Lyndon Baines Johnson
sure everybody can get their assessments lowered - so what !! your tax rate will increase cause they still need the money and eventually we will all be paying more
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