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Tuesday, May 15, 2018

Cities Now Use Taxes to Fight Blight. Is It Working?

Land use experts question whether vacant property taxes are the right way to spur development.

It’s a scenario that plays out over and over in cities across the country: A small business in a hip neighborhood closes, the storefront is left empty for months -- maybe years -- and then eventually gets replaced by a national chain.

Whether it’s gentrifying Brooklyn, Greenwich Village in Manhattan orMiami Beach, the coffee shops, boutiques and eateries that drew many residents to those areas are struggling to stay.

But why?

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4 comments:

Anonymous said...

They raise taxes on small business. It closed. They give tax breaks to the big stores to get them to come. Shy not leave the small business alone??

Anonymous said...

Why not leave them alone? You'd think that they would, but they're easy pickings for government, not able to lawyer up as do the big businesses.

Anonymous said...

A better Title would be:

Cities Now Use Taxes to Fight Frogger. Is It Working?

OC used my tax dollars to build A WALL. $7M as a matter of fact. Built it to stop drunks crossing the street in front of Seacrets and going splat, but the party line is to stop J-walkers from going splat - right?

Well, that $7M didn't help that young lady who fell 3 stories from her hotel...did it?

Cruisers this weekend....I know all in City Hall are praying for RAIN!!!!!!!!!!!!!!

Anonymous said...

Okay, how about using your OC tax dollars to surround every floor of every high rise with chain link and nets?