Jeramey Jannene

Word On The Street (12.8.2007)

By - Dec 8th, 2007 06:27 pm
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One thought on “Word On The Street (12.8.2007)”

  1. I wouldn’t be entirely too happy about the St. John’s expansion. As I wrote in B-Street Scene in this month’s issue of The Brady Street News (www.bradyst.com), the tower would feature luxury tax-exempt housing. These units are not to be confused with nursing home, hospice, urgent care or convalescent living space. These are high-end units and are marketed to the same audience as other lakefront properties. The tax exemption is at the very least an indirect tax on the rest of us, and at worst is yet another subsidy for the wealthy. It also acts as a drag on private market-rate developers of taxable luxury units. Just ask Boris Gokhman.
    Believe me, the assessors of Wisconsin’s municipalities consider this to be a genuine concern. Expect lawsuits.
    On another topic, check out the concrete reclamation effort at the old Pfister & Vogel site. Super heavy duty industrial action with grinders, mashers, sifters, conveyor belts, rebar flying through the air. Excitement!
    Horne

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