Or just typical crappy reporting from The Chronicle?
Let's see $6,300/yr savings divided by 22 condos equals......$286.36 of savings per year on each $200,000ish condo.
And that's gonna be a big incentive?
Anyone smell a cover up?
Condos get tax-break extension - Muskegon Chronicle - MLive.com: "The extension will grant Post's development an estimated $6,300 a year of savings in property and income taxes, while making its condominiums more marketable to potential buyers, who also would see tax savings. .........
Post said he plans to build a total of 22 condominium units in contiguous two- and three-story brownstone-style buildings. They would have 1,200 to 2,400 square feet of living space and sell at prices ranging from $175,000 to $280,000."
GordoM's-nose-is-twitchin'
Let's see $6,300/yr savings divided by 22 condos equals......$286.36 of savings per year on each $200,000ish condo.
And that's gonna be a big incentive?
Anyone smell a cover up?
Condos get tax-break extension - Muskegon Chronicle - MLive.com: "The extension will grant Post's development an estimated $6,300 a year of savings in property and income taxes, while making its condominiums more marketable to potential buyers, who also would see tax savings. .........
Post said he plans to build a total of 22 condominium units in contiguous two- and three-story brownstone-style buildings. They would have 1,200 to 2,400 square feet of living space and sell at prices ranging from $175,000 to $280,000."
GordoM's-nose-is-twitchin'
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