Resolution14-0595
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)
17 Elwood Place, LLC/17-21 Elwood Place/733/9/North/$2,179,400/2014/-$31,874.68
160 Frontage Road, LLC/156-160 Frontage Road/5088/172/East/$17,750,000/2012/-$69,212.60
160 Frontage Road, LLC/150-154 Frontage Road/5088/174/East/$163,000/2012/-$0.00
250 Passaic, LLC/220-262 Passaic Street/435/1/Central/$4,714,900/2012/-$52,542.89
Two Palisades Associates/200-204 Market Street/164/23/Central/$1,938,200/2012/-$35,624.64
Van Velsor Group, LLC/87-101 Chancellor Avenue/3691.01/32/South/$2,750,000/2011/-$34,944.00
Van Velsor Group, LLC/87-101 Chancellor Avenue/3691.01/32/South/$1,700,000/2012/-$0.00
Van Velsor Group, LLC/87-101 Chancellor Avenue/3691.01/32/South/$3,850,000/2013/-$36,975.00
Van Velsor Group, LLC/87-101 Chancellor Avenue/3691.01/32/South/$3,850,000/2014/-$48,724.50
Washington Park Fidelco, LLC/471-495 Broad Street/32/18.03/C2B/Central/$11,939,600/2010/-$31,230.78
Washington Park Fidelco, LLC/471-495 Broad Street/32/18.03/C2B/Central/$11,939,600/2011/-$38,841.09
Washington Park Fidelco, LLC/471-495 Broad Street/32/18.03/C2B/Central/$11,939,600/2012/-$64,452.29
Additional Information:
Total Tax Difference: -$444,422.47
Invitation: Corporation Counsel, July 8, 2014
Deferred 7R5-g 070914
Introduced Apr 21, 2014· Finance