thisnewday

[This is in response to a Syracuse Post-Standard article on the current impasse between the city and Upstate Medical University over taxes on a downtown property being rennovated for student housing.]

As first proposed, this project sounded like a win/win for both the city and Upstate. A derelict but ideally-located property would be back on the tax roles while generating income for the new owners and, albeit indirectly, for the community.

Now, it looks like we're back to the same old screw the city and its tax-paying residents by keeping it off the tax rolls--while using city services, of course--and hope that the usual victims will once again buy into the public sector equivalent of trickledown economics.

I guess what I'm assuming is that, after some mutually-unsatisfying financial foreplay, the two parties will finally do the deed and life will go on. So let's just get it done because, while I'm used to the abuse, I feel a headache coming on...

LPK
LiveJournal
4.20.2011