All Legislation
Resolution17-0002Adopted

Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Stipulation of Settlements for Tax Appeals List of Property: (Tax Payer/Address/Block/Lot/Ward/Assmnt./Year/Refund Amount) 1084-1092 Broad St. Urban Renewal, Rite Aid Corporation 3647-02(Lessee)/1084-1092 Broad Street/897/1.01/East/2014/-$4,715,000.00/-$7,913.75 1084-1092 Broad St. Urban Renewal, Rite Aid Corporation 3647-02(Lessee)/1084-1092 Broad Street/897/1.01/East/2015/-$4,715,000.00/-$8,444.57 1084-1092 Broad St. Urban Renewal, Rite Aid Corporation 3647-02(Lessee)/1084-1092 Broad Street/897/1.01/East/2016/-$4,715,000.00/-$8,778.88 General Chemical/302-310 Doremus Avenue/5070/3/East/2013/-$2,622,000.00/-$16,371.43 General Chemical/302-310 Doremus Avenue/5070/3/East/2014/-$2,622,000.00/-$17,191.94 General Chemical/302-310 Doremus Avenue/5070/3/East/2015/-$2,622,000.00/-$18,345.10 General Chemical/302-310 Doremus Avenue/5070/3/East/2016/-$2,622,000.00/-$19,071.36 General Chemical/332-352 Doremus Avenue/5070/5/East/2012/-$1,092,600.00/-$15,858.49 Dry Ice Corp c/o 39 McClellan LLC/9-39 Mc Clellan Street/3773/25/South/2013/-$1,000,000.00/-$10,167.18 BT Property LLC/1-23 Olympia Drive/5084/112/East/2014/-$4,256,500.00/-$24,808.00 BT Property LLC/1-23 Olympia Drive/5084/112/East/2015/-$4,256,500.00/-$26,472.00 BT Property LLC/1-23 Olympia Drive/5084/112/East/2016/-$3,856,500.00/-$41,280.00 Manuel Abadin/120-132 Pacific Street/948/2/East/2012/-$952,400.00/-$9,455.03 Mataji & Ganesh, LLC v Newark/135 Brunswick Street/2802/18/South/2013/-$48,000.00/$0.00 Mataji & Ganesh, LLC v Newark/135 Brunswick Street/2802/18/South/2014/-$48,000.00/$0.00 Mataji & Ganesh, LLC v Newark/135 Brunswick Street/2802/18/South/2015/-$48,000.00/$0.00 Mataji & Ganesh, LLC v Newark/135- Brunswick Street/2802/19/South/2013/-$10,500.00/$0.00 Mataji & Ganesh, LLC v Newark/135- Brunswick Street/2802/19/South/2014/-$10,500.00/$0.00 Mataji & Ganesh, LLC v Newark/135- Brunswick Street/2802/19/South/2015/-$10,500.00/$0.00 Mataji & Ganesh, LLC v Newark/188-194 Clinton Avenue/2802/39/South/2013/-$891,500.00/-$17,396.12 Mataji & Ganesh, LLC v Newark/188-194 Clinton Avenue/2802/39/South/2014/-$841,500.00/-$19,818.49 Mataji & Ganesh, LLC v Newark/188-194 Clinton Avenue/2802/39/South/2015/-$766,500.00/-$23,629.57 Normandie Group, LLC/103-123 Chancellor Avenue/3691.01/45/South/2014/-$4,000,000.00/-$3,101.00 CDL Urban Renewal Corp/1199-Broad Street/2806/21/East/2013/-$626,100.00/$0.00 CDL Urban Renewal Corp/1199-Broad Street/2806/21/East/2014/-$470,000.00/-$4,840.66 Fiallo, Jorge L. /45 Bloomfield Avenue/515/31/Central/2012/-$343,500.00/$0.00 Fiallo, Jorge L. /45 Bloomfield Avenue/515/31/Central/2013/-$566,300.00/$0.00 Fiallo, Jorge L. /45 Bloomfield Avenue/515/31/Central/2014/-$475,000.00/-$2,831.21 Fiallo, Jorge L. /45 Bloomfield Avenue/515/31/Central/2015/-$475,000.00/-$3,021.12 Fiallo, Jorge L. /45 Bloomfield Avenue/515/31/Central/2016/-$475,000.00/-$3,140.72 AMB Liberty LLC/158-178 Mt. Olivet Avenue/5090/75/South/2011/-$7,800,000.00/-$16,640.00 AMB Liberty LLC/158-178 Mt. Olivet Avenue/5090/75/South/2012/-$7,800,000.00/-$17,260.00 AMB Liberty LLC/158-178 Mt. Olivet Avenue/5090/75/South/2013/-$10,393,500.00/$0.00 AMB Liberty LLC/158-178 Mt. Olivet Avenue/5090/75/South/2014/-$10,704,400.00/$0.00 Pagon, Ramon/379 6th Avenue West/1924/39/West/2012/-$20,000.00/-$165.70 Saleem, Hakeem & Gwendolyn/324-326 West Runyon Street/3036/45/South/2013/-$325,000.00/-$2,775.82 Saleem, Hakeem & Gwendolyn/324-326 West Runyon Street/3036/45/South/2014/-$318,500.00/-$3,116.51 Saleem, Hakeem & Gwendolyn/324-326 West Runyon Street/3036/45/South/2015/-$285,000.00/-$4,434.06 Saleem, Hakeem & Gwendolyn/324-326 West Runyon Street/3036/45/South/2016/-$285,000.00/-$4,609.60 Elizabeth Custer Partners, LLC/463-473 Elizabeth Avenue/3565/18/South/2013/-$3,200,000.00/$0.00 Elizabeth Custer Partners, LLC/463-473 Elizabeth Avenue/3565/18/South/2014/-$2,755,500.00/-$13,783.95 Elizabeth Custer Partners, LLC/463-473 Elizabeth Avenue/3565/18/South/2015/-$2,450,000.00/-$24,817.50 Circle PW, LLC/34-60 Rutherford Street/5050/12/East/2013/-$2,450,000.00/-$32,952.53 Circle PW, LLC/34-60 Rutherford Street/5050/12/East/2014/-$2,100,000.00/-$45,457.56 Circle PW, LLC/34-60 Rutherford Street/5050/12/East/2015/-$1,750,000.00/-$60,088.13 Dinardo, Antonio & Germano, & Cutri/48 Commerce Street/145/38/Central/2013/-$600,000.00/-$702.81 Dinardo, Antonio & Germano, & Cutri/48 Commerce Street/145/38/Central/2014/-$550,000.00/-$2,288.54 Adams, Cornell/1191-1199 Broad Street/2806/16/East/2013/-$506,700.00/$0.00 Adams, Cornell/1191-1199 Broad Street/2806/16/East/2014/-$470,000.00/-$1,138.07 Roque, Jose C. & Rebimbis J.D./108-116 Johnson Str/933/26.10/East/2013/-$450,000.00/-$2,096.63 Roque, Jose C. & Rebimbis J.D./108-116 Johnson Str/933/26.10/East/2014/-$450,000.00/-$2,201.71 De Bellis, Eugene & Lorraine/477 Bloomfield Avenue/645/19/North/2013 -$62,100.00/$0.00 De Bellis, Eugene & Lorraine/479-485 Bloomfield Avenue/645/21/North/2013/-$221,400.00/-$6,496.60 Bergen Holdings LLC/955-959 Bergen Street/3667/1/South/2014/-$750,000.00/-$1,085.35 Bergen Holdings LLC/955-959 Bergen Street/3667/1/South/2015/-$710,000.00/-$2,481.75 Tavares, Lucio & Fatima M./45 Pacific Street/938/26/East/2013/-$322,700.00/-$2,953.00 Tavares, Lucio & Fatima M./45 Pacific Street/938/26/East/2014/-$322,700.00/-$3,101.00 Melvin, Walter/360-362 Peshine Avenue/3578/36/South/2012/-$136,800.00/$0.00 Melvin, Walter/360-362 Peshine Avenue/3578/36/South/2013/-$110,000.00/-$750.06 Melvin, Walter/358 Peshine Avenue/3578/38/South/2012/-$137,200.00/$0.00 Melvin, Walter/358 Peshine Avenue/3578/38/South/2013/-$110,000.00/-$1,249.12 RBH Group Partners, IX, LP/93-95 Market Street/72/6/Central/2013/-$480,500.00/-$24,323.86 RBH Group Partners, IX, LP/93-95 Market Street/72/6/Central/2014/-$480,500.00/-$7,746.30 RBH Group Partners, IX, LP/93-95 Market Street/72/6/Central/2015/-$480,500.00/-$8,265.88 RBH Group Partners, IX, LP/93-95 Market Street/72/6/Central/2016/-$480,500.00/-$8,593.12 Wells Fargo Bank/226 West Runyon Street//3028/4/South/2011/-$250,000.00/-$1,976.83 Christopher Crayton/14-16 Jay Street/2851/6.04/Central/2011/-$346,600.00/-$3,328.00 Riverbank Service Station Inc/638-646 Raymond Blvd/2020/4/East/2013/-$500,000.00/-$4,674.60 Riverbank Service Station Inc/638-646 Raymond Blvd/2020/4/East/2014/-$500,000.00/-$4,908.88 550 Broad Street Landlord LP & 550 Broad Investors/548-556 Broad Street/14/9/Central/2012/-$16,929,000.00/$0.00 550 Broad Street Landlord LP & 550 Broad Investors/548-556 Broad Street/14/9/Central/2013/-$32,187,900.00/-$28,771.08 550 Broad Street Landlord LP & 550 Broad Investors/548-556 Broad Street/14/9/Central/2014/-$30,044,200.00/-$96,689.18 550 Broad Street Landlord LP & 550 Broad Investors/548-556 Broad Street/14/9/Central/2015/-$22,892,600.00/-$339,821.06 550 Broad Street Landlord LP & 550 Broad Investors/548-556 Broad Street/14/9/Central/2016/-$23,151,300.00/-$344,374.96 48 Branford Place Ass LLC/48-54 Branford Place/59/21/Central/2010/-$950,000.00/-$7,950.00 48 Branford Place Ass LLC/48-54 Branford Place/59/21/Central/2011/-$950,000.00/-$8,320.00 48 Branford Place Ass LLC/48-54 Branford Place/59/21/Central/2012/-$950,000.00/-$8,630.00 48 Branford Place Ass LLC/48-54 Branford Place/59/21/Central/2014/-$1,350,000.00/-$2,325.75 48 Branford Place Ass LLC/48-54 Branford Place/59/21/Central/2015/-$1,350,000.00/-$2,481.75 396 Associates, LLC/151-155 Market Street/55/10/Central/2010/-$3,000,000.00/-$39,867.66 396 Associates, LLC/151-155 Market Street/55/10/Central/2011/-$3,000,000.00/-$41,723.14 396 Associates, LLC/151-155 Market Street/55/10/Central/2012/-$3,000,000.00/-$43,277.72 396 Associates, LLC/151-155 Market Street/55/10/Central/2013/-$2,500,000.00/-$9,573.63 396 Associates, LLC/151-155 Market Street/55/10/Central/2014/-$2,500,000.00/-$10,053.44 396 Associates, LLC/151-155 Market Street/55/10/Central/2015/-$2,000,000.00/-$10,727.78 Additional Information: Total Tax Difference: -$1,612,987.24 Invitation: Corporation Counsel, January 4, 2017

Progress

Introduced

Jan 3, 2017

In Committee

Jan 10, 2017

Passed

Jan 10, 2017

4

Enacted