Heard that Hovnanian and Salisbury Mall Assoc. in Court today. Circuit Court
granted Hovnanian's summary judgment motion, ordered Salisbury Mall to pay
back the 1.6 approx million deposit. So I guess Hovnanian won't be
developing the property? Natelson not smiling!
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
36 comments:
So where does this leave the City and the infamous TIF which "Barrie=Gary" gave them? You know these two loved that TIF!
Barrie sold citizens down the River on that TIF. What are ya sayin' now, Barrie???????? Anything else you want to do to help these developers out? Who are the members of the LLC? Very bad investment, I'd say.
Like Mikey Dunn said -- It's going to be the greatest thing possible.
Not!
Has he ever developed anything anywhere?
Time for you people in Salisbury to wake up and do something. All you do is sit around and gripe, and this is what happens, again and again. My bet is you will vote the same people in next election, and we will continue to hear the wa wa wa afterward.
prctb_ctyboy
Mikey was soooooooo naive; just a whimpy yes-man/boy for Barrie. Where did it get you, Mikey? You were just this close, remember???
Hee, hee--wrong again, Mikey.
All I know is that the Old Mall's owners have paid in over 1 million dollars in property taxes over the past decade and now they're up shit's creek.
Personally, with the way the housing market is. . . I believe they'll have to file bankruptcy.
And the other two projects on the other side of town will probably go to auction also.
This town is looking just like a third world country. In fact, some third world countries look better than Salisbury presently does.
Gee, what a surprise.
Can hardly wait to hear the oh-woe-is-me from the developers as we watch nothing happen in that space.
Well, at least we won't be paying for the services to the development from which we'll see NO tax revenue for many years.
The citizens really got screwed on that TIF deal. Thanks, Barrie, Mike, Gary, Lynn and Shanie. You want it so bad? You foot the cost.
just a catalist of things to come.
5:30:
Please itemize that tax sum -- I don't think you can. And so what, we all have to pay taxes, so why do they get all those special breakes and subsidies from Barrie Tilghman and Comegys?
And the real estate bubble burst -- the "smart money" speculators inflated it so let them pay to play now.
Joe:
What's happened in that other suit against the Salisbury Mall yahoos?
Well, we did at least get a nice pile of cut up building materials
that Barrie can use as fill someplace in town. What happens next? Do we just loose all the tif money, or can we recover any of it, Barrie/Gary? I ask this knowing full well it will never be answered.
A. Goetz
Natelson and Dzaman can file bankruptcy and not lose. They hold the note on the mortgage, who will they foreclose on, themselves?
These are the same clowns that came to the council to be sure they got the exemption on the water allocation. Looking at the stooges to insure yet another screwing of the taxpayer.
Have they given the library the $5000 Linda Kent secured for it?
Maybe the county should make a bid on the property. Move civic center there and build a larger place for the courts and county government. make parking at the old civic center
MAYBE THE HOUSING CODE ENFORCEMENT CAN ORDER CUT THE GRASS.
We were this close, this close(with limp wrist and finger and thumb close together)
To Barrie/Gary/Shields/Cathcart/Dunn--stupid is as stupid does.
You guys were supremely stupid--some piece of the puzzel still missing as to why Barrie was so intent on propping up these developers.......I think I know the answer.
It looks like the new Civic Center will fit perfectly on that property and parking galore. Sit back and watch it happen!
IF you all think Salisbury looks like a third world country I would bet you have never been to one...probably never been out of town. Oh, by the way, catalyst is spelled with a y...and a run down project that never got off the ground is hardly a catalyst or harbinger for things to come..have another beer and wipe your chin.
Good God, Man! What was that? A text message? At least the Daily Times can manage a complete sentence.
We tried to tell them to quit dealing with Snake Oil Salesmen. Ohhhh those TIF's were going to pay off big dividends. I guess next they will try and sell me a condo on the Wicomsewerago River for $300,000, oops they tried that and it went over like a fart in church too!
I went to the last auction of the Old Salisbury Mall property.
There were no bidders so the auction was cancelled.
Any person that steps forward with acquisition thoughts must bear in mind that they are facing a mammoth real estate tax bill in excess of $100,000 grand a year.
What is a "tif?" Someone plz explain
What's wrong with turning it into a public park? Have kids soccer games there, maybe a softball field, wouldn't that be better than dozens of more houses that nobody will buy?
Joe, can you change the color of your Barrie Box Countdown. The blue blends in with the page and it is hardly noticeable. Maybe a red or orange box. Just a suggestion, I hope you really do consider in since she deserves the attention.
does anyone remember pantry pride???
Case Number Name Date of Birth Party Type Court Case Type Case Status Filing Date Case Caption
22C07000869 Salisbury Mall Assoc Llc Other Wicomico County Circuit Court Administrative Agency Appeal Closed/Inactive 06/22/2007 In the Matter of Salisbury Mall Assoc LLC
020300022642000 Salisbury Mall Associates Llc Other Wicomico County District Court CONT ACTIVE 05/12/2000
22C00001000 Salisbury Mall Associates Llc Defendant Wicomico County Circuit Court Other Civil Closed/Inactive 08/15/2000 B Green & Co Inc, et al vs Salisbury Mall Associates LLC, et al
22C06000255 Salisbury Mall Associates Llc Other Wicomico County Circuit Court Administrative Agency Appeal Closed/Inactive 02/21/2006 Kent, et al vs Salisbury City Council
22C07001406 Salisbury Mall Associates Llc Defendant Wicomico County Circuit Court Contract Open/Active 10/12/2007 K Hovnanian Homes Of Maryland LLC vs Salisbury Mall Associates LLC
22C08000633 Salisbury Mall Associates Llc Defendant Wicomico County Circuit Court Contract Open/Active 05/01/2008 Precision Grading Services Limited Liability Co vs Salisbury Mall Associates LLC
020300046221999 Salisbury Mall Other Wicomico County District Court CONT ACTIVE 11/30/1999
Chesapeake Realty Ventures, LLC
_______________________________________________________________________
Chesapeake Realty Ventures, LLC is a
Limited liability corporation providing
consulting and investment services for
complex mixed use real estate projects.
Chesapeake Realty Ventures, LLC is owned
by Michael Dzaman and Jon Natelson each
of whom have more than 25 years of
experience in commercial and
residential real estate.
This is a private web site for the use of
CRV’s investors and consultants. Please
click on the link below for specific project
information.
For the latest information on our
redevelopment of Salisbury Mall which
is called the Village at Salisbury Lake please
go to: villageatsalisburylake.com
For more information regarding Monroe Point
Our water front development in Colonial Beach,
Virginia please go to: monroepoint.net
This site is password protected. For help
or additional information please contact:
Michael@crvllc.com or Jon@crvllc.com
Active Projects:
Monroe Point
Village at Salisbury Lake
Centerstate
Clintondale
Johnson Property
HH Trust Property
Hull Street
CRV Miscellaneous
Archives
Other
Case Information
Court System: DISTRICT COURT FOR BALTIMORE CITY - CRIMINAL SYSTEM
Case Number: 5B01685885Tracking No:051001550375
Case Type: CRIMINAL
District Code: 01Location Code:02
Document Type: SUMMONSIssued Date:07/21/2005
Case Status: CLOSEDCase Disposition:TRIAL
--------------------------------------------------------------------------------
Defendant Information
Defendant Name: DZAMAN, MICHAEL
Race: WHITE, CAUCASIAN, ASIATIC INDIAN, ARAB
Sex: MHeight:600Weight:190DOB:
Address: 516 S HANOVER ST
City: BALTIMOREState:MDZip Code:21201 - 0000
--------------------------------------------------------------------------------
Charge and Disposition Information
(Each Charge is listed separately. The disposition is listed below the Charge)
Charge No: 001Description:MAL DEST PROP/VALU - $500
Statute: CR.6.301Description:MAL DEST PROP/VALU - $500
Amended Date: CJIS Code:3 4025MO/PLL:Probable Cause:X
Incident Date From: 07/19/2005 To: 07/19/2005 Victim Age:
Disposition Plea: NOT GUILTY
Disposition: PBJ UNSUPERVISEDDisposition Date:09/30/2005
Fine:$100.00Court Costs:$22.50CICF:$35.00
Amt Suspended: Fine:$0.00Court Costs:$0.00CICF:$0.00
PBJ EndDate: 09/30/2006Probation End Date:Restitution Amount:$0.00
Jail Term: Yrs:Mos:Days:
Suspended Term: Yrs:Mos:Days:
Credit Time Served:
--------------------------------------------------------------------------------
Charge No: 002Description:ASSAULT-SEC DEGREE
Statute: CR.3.203Description:ASSAULT-SEC DEGREE
Amended Date: CJIS Code:1 1415MO/PLL:Probable Cause:X
Incident Date From: 07/19/2005 To: 07/19/2005 Victim Age:
Disposition Plea: OTHER PLEA
Disposition: NOLLE PROSEQUIDisposition Date:09/30/2005
Fine:$0.00Court Costs:$0.00CICF:$0.00
Amt Suspended: Fine:$0.00Court Costs:$0.00CICF:$0.00
PBJ EndDate: Probation End Date:Restitution Amount:$0.00
Jail Term: Yrs:Mos:Days:
Suspended Term: Yrs:Mos:Days:
Credit Time Served:
--------------------------------------------------------------------------------
Related Person Information
(Each Person related to the case other than the Defendant is shown)
Name:BARRON, STEPHANIE
Connection:COMPLAINANT
--------------------------------------------------------------------------------
Event History Information
Event Date Comment
SUMI 07/21/2005 SUM ISSUED 050721 AGENCY:AD 5909
Barrie needs to stop stepping in dog sh*t. It's starting to smell the place up.
Is anyone surprised that this has happened? There was plenty of warning that this project was doomed. The developers were clearly counting on the continued "boom" in the real estate market to propel them along.
The City council was depending on a miracle. Neither got what they needed.
Now where are we? And, who can be depended upon to sort this out and come up with a solution? Certainly not anyone from the city.
They don't even know the difference between their *sses and a hole in the ground.
TIF = Tax Increment Financing (Your tax dollars paying for their investment)
Anonymous said...
What is a "tif?" Someone plz explain
9:48 PM
Sounds good in theory, but this project isn't a TIF its a bail out. That would amount to over 20 years of tax free living for the developers.
What is tax increment financing? The theory.
TIF is a tool to use future gains in taxes to finance the current improvements that will create those gains. When a public project such as a road, school, or hazardous waste cleanup is carried out, there is often an increase in the value of surrounding real estate, and perhaps new investment (new or rehabilitated buildings, for example). This increased site value and investment generates increased tax revenues. The increased tax revenues are the "tax increment." Tax Increment Financing dedicates tax increments within a certain defined district to finance debt issued to pay for the project. TIF is designed to channel funding toward improvements in distressed or underdeveloped areas where development would not otherwise occur. TIF creates funding for public projects that may otherwise be unaffordable to localities.
build a better civic center on that property so you can host events, sell alcohol to bring in another million a year, everybosy alreay knows the location, lets move salisbury, if you sit still you get dusty.
Her's a plan: Maybe the county can buy this site to dump their polluted Wicomico River dredge spoils, instead of defiling poor, neglected Pirate's Wharf Program Open Space land. After all, between the corrupt and/or inept Wicomico County Housing Authority and all its vacant, decaying houses, and the kid gloves rental home regulations that no one enforces, Salisbury is rapidly becoming nothing but a big dump anyway.
I love it when HIND SITE IS 20/20So few payed attention when Barry was ramrodding this through, so few attened Council Meetings, so few cared. Now, there are many people here on this blog making comments? WHAT? There was Debby Campbell, trying to tell you, there were the loyal opposition,(look and listen to the tapes) there were the bloggers, (of course there was no newspaper coverage) people were not listening, nor did they care. Hello Salisbury, this is the voice of experience. PAY ATTENTION. Get off your comfortable complacent apathetic high horse, and get invoved. P.S. Maybe if the County bought it and used it for a new civic center the whole thing could be a money producer. Does the County get the TIF if they buy the property? (does the TIF go with the property and development rights) Hey, maybe we are on to something???? I'll chip in....
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