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In the News

Feb 2020

City of Geneva begins property revaluation

The city’s property revaluation project has begun. A revaluation of property values is normally done every three to five years, and the goal is to create “fair and equitable values of all properties, based on current market trends.” The city said assessments are an “estimate of the current market value of your property as determined …

Feb 2020

Legal action and threats entangle Hampshire project review in Mamaroneck

A contentious proposal to develop housing at Hampshire Country Club in Mamaroneck has already resulted in one lawsuit and more legal action could be looming. Hampshire Recreation LLC is turning to the courts to compel the village Planning Board to push ahead with a process that would determine whether developer Dan Pfeffer can build 105 …

Feb 2020

Schenectady veterans call for adoption of school tax exemption

Dozens of Schenectady veterans attended Wednesday’s city school board meeting to urge the board to adopt a tax exemption that benefits veterans who own homes in the city at the expense of other taxpayers. The veterans, some of whom addressed the board directly in public comments, implored the school board to approve a tax exemption …

Feb 2020

Jim Cramer: Here’s why malls in America might not be dead after all

CNBC’s Jim Cramer said he’s rethinking his negative view toward the fate of American shopping malls following Monday’s announcement that Simon Property Group was buying rival Taubman Centers in a $3.6 billion deal. “I came away saying, I guess I’m just too negative on the thing I’m most negative about … the future of the …

Feb 2020

Experts: More Gen Zers than Millennials Will Own Homes

The U.S. homeownership rate for 35- to 44-year-olds has fallen from 66% to 60% since 2009. Economists and real estate experts surveyed by Pulsenomics and Zillow most often expect the homeownership rate among this age group to increase by 2035, when the oldest Gen Z members will turn 40. Panelists often agree that preference to …

Feb 2020

Riley County Counselor adds USA 383 to growing list of backers on dark story theory legislation

The Manhattan/Ogden USD 383 Board of Education unanimously approved a resolution Wednesday in support of House Bill 2498 in the Kansas Legislature. The proposal would exclude hypothetical leased fee when determining fair market value for real property. Big box retailers commonly use the appraisal practice, commonly known as the “dark store theory,” referring to a …

Feb 2020

Gordon Biersch closes at Walden Galleria

Another bar and restaurant has closed it doors at the Walden Galleria, after nine years. Gordon Biersch Brewery Restaurant has closed. A call to the restaurant on Sunday evening went unanswered and the restaurant’s Facebook page has been taken down, but its closure was confirmed by a mall employee. News outlets in Hawaii also reported …

Feb 2020

Homeowners in Gates surprised after spike in home assessments

Some neighbors living in the Town of Gates say they got quite the surprise in the mail, as this week several people saw a large spike in their home assessments. A higher assessment value could mean a higher property tax on a home. News10NBC spoke to several neighbors on Thursday, including Heather Latona, who was …

Feb 2020

New trends in commercial real estate development

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Feb 2020

Lakeshore closed, officials upset

Louis Pelletter, Silver Creek Historian and Hanover Deputy Supervisor, shared his passionate feelings about Lakeshore Hospital’s closing at the Silver Creek board meeting on Monday. The historian began with saying how families in the community built the hospital to be there for the community, not using grants, but their own money, borrowed money and donated …