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Thread: Reval pain overwhelms parking lots

  1. #16
    Member Linda_D's Avatar
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    Originally posted by citymouse
    Iwas told they look at recent sale prices of like property in the area, average it out, and base the assesment on that.
    Sounds fair to me.
    That's reasonable as long as there are "recent" sales of similar property, but I know Buffalo has a long history of using a single sale to jack all the assessments because they tried to do this to me back in the 1980s (lucky for me, I had just bought the house for a whole lot less). The owners here were complaining of something similar.
    Your right to buy a military weapon without hindrance, delay or training cannot trump Daniel Barden’s right to see his eighth birthday. -- Jim Himes

  2. #17
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    [i]

    Does this apply to any other types of investments? Some government geek decides what I might sell my GE stock for? So if the gov needs some more dough (and they always do), do they just kinda goose up my "coulda" sales price?

    As to unwise, let's say this only applies to Buffalo real estate. Great!!!!

    [/B]
    This is a poor example. Your personal stock portfolio has no effect on people in your community.

    Land taxation can have a direct effect on the built environment--something that affects the community in plain sight.

  3. #18
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    Originally posted by Gabe
    This is a poor example. Your personal stock portfolio has no effect on people in your community.

    Land taxation can have a direct effect on the built environment--something that affects the community in plain sight.
    Wowee. I guess I no longer have to pay NYS income taxes on my portfolio gains.

    So here's two groundbreakers in innovative tax policy: Bruna Michaux and Gabe.

    What a talent pool.
    Truth springs from argument among friends.

  4. #19
    moonshine
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    If LeftCoast or Gabe is able to supply me with recently sold parking lots within a reasonable range of downtown, I'd be happy to perform a CMA (competitive market analysis) using the multilist real estate data.

    BTW, the APA conference was a bust, as usual

  5. #20
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    You can pick the vacant lots out of here:

    960 Busti, 990 Niagara J. Cullen to Ciminelli Int'l Services 7/24/98 rec. $1,500,000
    Allen Street 23 to JB Ventures 1/7/05 rec. $525,000
    Allen Street 78 to Buffalo Big Sign 12/26/03 rec. $150,000
    Allen Street 172-74 to Hamilton, Houston, Lownie 2/1/02 rec. $165,000
    Allen Street 173-181 to Quaker Bonnet 1/10/03 rec. $253,000
    Allen Street 215 to Nickel City Properties 4/4/05 rec. $149,000
    Allen Street 244 to Great Lakes Mngt. Group 12/30/04 rec. $122,760
    Baraga Street 364 to Steelfields Ltd. 4/11/03 rec. $400,000
    Broadway 36 to J. Trettel 3/26/04 rec. $75,000
    Broadway 110 to Upstate NY Transplant Services (Uniland sold) 12/3/04 rec. $3,320,000
    Broadway 129 to Johnsix LLC 4/2/04 rec. $95,000
    Broadway 266 to Hencricks Comm. Prop (plus 163 Sycamore) 12/30/04 rec. $921,200
    Broadway 998 to American Investors LLC 9/20/03 rec. $603,750
    Broadway 362-68 to Good Start Dev. (from City of Bflo.) 6/13/03 rec. $7,500
    Chippewa St. 67 to Chippewa Development 9/17/99 rec. $850,000
    Church St. 166 to BURA (NYS sold) 6/10/05 rec. $67,000
    Court St. 30 to 4628 Group (Paladino) 1/28/05 rec. $793,750
    Delaware 160 to 160 Delaware Assoc. (Ciminelli)- Fed'l Reserve 3/29/05 rec. $3,204,000
    Delaware 207 to Hurondel I Inc. (Croce) 10/3/03 rec. $925,000
    Delaware 210 to Benderson 6/12/98 rec. $55,000
    Delaware 220 Jackson Bldg to Benderson 1/2/98 rec. $348,750
    Delaware 335-41 to 341 Delaware Inc. (City sold) 3/16/05 rec. $175,000
    Delaware 340 to Righteous Babe (Jos. Naples Bldg.) 8/8/03 rec. $410,000
    Delaware 344 Gow to Willcare 5/1/98 rec. $705,000
    Delaware 414 to City-Inn Buffalo (Victor Hugo) 11/7/97 rec. $300,000
    Delaware 430 to Grex LLC 7/18/03 rec. $440,000
    Delaware 430 to Flanders Ventures (from Grex) 7/30/04 rec. $520,000
    Delaware 482 to Jig Jag Development Group 11/29/02 rec. $295,000
    Delaware 498 to 506 Delaware Assoc. (Knights Bldg.) 3/28/03 rec. $454,050
    Delaware 499 to D. Borowiak 8/20/04 rec. $250,000
    Delaware 525 to Allentown Properties (City sold) 3/16/05 rec. $85,000
    Delaware 560 to 2259 Group (Paladino, convert to apts) 11/1/02 rec. $500,000
    Delaware 591 to Trinity 448 LLC (Moscati sold) 7/14/05 rec. $191,594
    Delaware 599 to Citizens Bank 11/1/03 rec. $625,000
    Delaware 599 to Zion Holdings (Citizens Bank sold) 5/6/05 rec. $435,000
    Delaware 651 to Plaza Group LLC (Hamister sold) 5/7/04 rec. $1,222,000
    Delaware 695 to Crosswater Productions Inc. $550,000
    Delaware 737 from Selective Ins. to Uniland 11/7/97 rec. $920,000
    Delaware 877 to Hochdorf Development 1/31/03 rec. $460,000
    Delaware 888 to Oracle Charter School (Kaleida sold) 3/4/05 rec. $875,000
    Delaware 897 to Plaza One Group 10/3/03 rec. $500,000
    Delaware 1093 to 1093 Delaware Ave. LLC 10/21/05 rec. $230,000
    Delaware 1103 to P. Jensen 10/21/05 rec. $450,000
    Delaware 1231 to Plaza One Group 11/25/05 rec. $455,000
    Delaware 1296 to Real Jem Ventures 10/28/05 rec. $338,000
    Delaware/Edwd. na to JLH Lodge Corp. 7/16/04 rec. $150,000
    E. Chippewa 62 to Platinumdome Inc. 9/27/02 rec. $70,000
    E. Eagle 50 to Main/Seneca 7/19/02 rec. $75,000
    Edward 41 to RPB Holdings 3/29/05 rec. $67,000
    Elk Street 703-57 to Gro Green Real Estate 3/14/03 rec. $500,000
    Ellicott St. 206 to 210 Ellicott Holding (main-seneca sold) 8/26/05 rec. $610,000
    Ellicott St. 285 to J. Trettel (Doah Ent. Sold) 12/23/04 rec. $120,000
    Ellicott St. 301 to 301 Ellicott LLC (Emulso sold) 6/6/03 rec. $135,000
    Ellicott St. 429 to Platinumdome Inc. 9/27/02 rec. $70,000
    Ellicott St. 439 to 439 Ellicott LLC 1/2/04 rec. $75,000
    Ellicott St. 455 to 455 Ellicott LLC 1/2/04 rec. $250,000
    Ellicott St. 461 to Ellicott Lofts LLC 4/3/03 rec. $100,000
    Ellicott St. 481 to Ellicott Lofts LLC 12/20/02 rec. $44,200
    Ellicott St. 489 to Ellicott Lofts LLC 12/20/02 rec. $275,000
    Ellicott St. 501 to Platinumdome Inc. 9/27/02 rec. $6,000
    Ellicott St. 501 to 501 Ellicott Assoc. 8/13/04 rec. $40,000
    Ellicott St. 501 to Ellicott Lofts III 7/14/05 rec. $45,000
    Elm St. 161-171 to 161 Elm LLC 11/4/05 rec. $200,000
    Elm St. 181-89 to C. Mullen (Mudpies sold) 3/16/05 rec. $75,000
    Elm St. 325 to JP Morgan Chase 4/4/05 rec. $63,170
    Elmwood Ave. 504 to FJF Development 12/2/05 rec. $167,000
    Elmwood Ave. 807 to Lexington Food Co-op 9/20/03 rec. $628,000
    Elmwood Ave. 1893 Kittenger to Benderson 2/13/98 rec. $600,000
    Exchange St. 186 to BNY Soc. Sec. Admin. (Uniland sold) 5/6/05 rec. $4,068,580
    Exchange St. 932 to LCo Building Development 8/12/05 rec. $17,500
    Franklin 204 to Baja Beach Club Inc. 6/7/02 rec. $480,000
    Franklin 277 to Saturn Development (city sold) 6/10/05 rec. $151,000
    Franklin 301 to Bflo. Dev. Corp. (ADT Security sold) 11/8/03 rec. $125,000
    Franklin 305 to 490 Pearl Inc. (M&T Bank sold) 8/23/03 rec. $205,000
    Franklin 404 to K. Byrnes 8/5/05 rec. $121,000
    Franklin 406 to M. Herod 10/1/04 rec. $106,000
    Franklin 415 to Charles Frederikson 4/25/03 rec. $147,500
    Franklin 425 to BOSCO Partners 2/20/04 rec. $100,000
    Franklin 436 to Pearl Block Inc. (IRS sold) 3/21/03 rec. $23,000
    Franklin 448 to Dilapo Ventures LP 1/2/04 rec. $78,965
    Franklin 448 to Great Lakes Mngt. (Dilapo sold) 4/2/04 rec. $90,000
    Franklin 556 to Poinsett Corp. 8/1/03 rec. $135,325
    Franklin 450-52 to Dixon Enterprises 12/27/02 rec. $130,000
    Franklin 452 to Diana Carollo Realty (Dixon Ent. Sold) 11/5/04 rec. $165,000
    Franklin 466 to Charles Frederiksen (Dixon Ent. Sold) 5/7/04 rec. $90,000
    Franklin 500 to Diana Carollo Realty (Dixon Ent. Sold) 11/5/04 rec. $200,000
    Franklin 547 to Gates Street Properties 5/6/05 rec. $226,315
    Genesee St. 5-7 to Buffalo Red Hots 4/2/04 rec. $130,000
    Genesee St. 9 to Spa Lofts 7/1/05 rec. $74,500
    Genesee St. 112 to 112 Genesee St. LLC (Calvaneso) 2/4/05 rec. $90,000
    Genesee St. 220 to PEM LLC 4/3/03 rec. $1,187,500
    Genesee St. 288 to Tatanka Dev. Co. 11/4/05 rec. $208,000
    Genesee St. 400 to Private Label Blinds 7/2/04 rec. $25,000
    Genesee St. 469-87 to Tyrone Foster 9/24/04 rec. $200,000
    Huron Street 20 to Iskalo Dev. (Niagara Mohawk Bldg.) 7/2/04 rec. $2,330,000
    Huron Street 197 to China America Group (Huron Hotel)- city sold 1/21/05 rec. $39,000
    Johnson Park 24 to 5182 Group (Paladino) 3/8/02 rec. $150,000
    Johnson Park 25 to Downtown Bflo. Dev. (Bflo. Entertainment sold) 10/29/04 rec. $142,000
    Main Street 296 to J. Zimmer 9/30/05 rec. $350,000
    Main Street 487 to 487 Main Street LLC (McDonalds Bldg.) 5/28/04 rec. $165,000
    Main Street 515 to M. Giangreco 1/2/04 rec. $55,000
    Main Street 537 to Queen City Lofts (Grever Florists) 1/7/05 rec. $275,000
    Main Street 560 to First States Inv. (Fleet Bldg.) 10/22/04 rec. $8,233,868
    Main Street 615 70 W. Chippewa to BEDC (Irish Theater) 5/15/98 rec. $61,988
    Main Street 620 to City Centre (LK&W Bldg) 8/29/03 rec. $940,000
    Main Street 622 to Acquest (Theater Place) 9/27/03 rec. $460,000
    Main Street 650 to Sheas 2/4/00 rec. $450,000
    Main Street 653 to Plaza Group 200 LLC 12/26/03 rec. $167,000
    Main Street 660 to Sterling Trust Co. (Laub's Bldg) 12/30/04 rec. $176,000
    Main Street 678-82 to 678 Main St. Inc. 3/7/05 rec. $225,000
    Main Street 686 to 686 Main LLC (S. Birzon sold) 7/25/05 rec. $150,000
    Main Street 723 to Avalon Dev. (Deck/Cohen sold) 8/6/04 rec. $240,000
    Main Street 723 to Avalon Dev. (P. Gerring sold) 8/6/04 rec. $60,000
    Main Street 743-49 to Nathan Associates 7/11/03 rec. $350,000
    Main Street 828 to Church of Scientology 1/3/03 rec. $300,000
    Main Street 850-52 to BNRC 12/27/01 rec. $100,000
    Main Street 888 to D. Campieri 7/1/05 rec. $20,000
    Main Street 892 to Hospice (Local 55 UAW sold) 9/20/03 rec. $209,900
    Main Street 900 to Michael Thomas Ltd. (Cash Realty sold) 2/25/05 rec. $33,750
    Main Street 916 to Dixon Development Inc. (from City of Bflo.) 2/21/03 rec. $25,000
    Main Street 916 to R. Wulbrecht (Dixon sold) 2/11/05 rec. $75,000
    Main Street 946-48 to R. Righetti 5/21/04 rec. $100,000
    Main Street 1010 to 1010 Group LLC (from Dowd Rental) 2/6/04 rec. $225,000
    Main Street 1080 to Holy Trinity Church 6/11/04 rec $85,000
    Main Street 1091 to Sal Patronaggio (Prayer/Praise sold) 8/12/05 rec. $65,000
    Main Street 1120-26 to Studio Entertainment Center 7/2/04 rec. $225,000
    Main Street 1120 to 1120 Main LLC 10/7/05 rec. $280,000
    Main Street various to 4628 Group Inc. (Kaleida Health sold) 11/19/04 rec. $617,500
    Main Street 2813 to Ridnik Upstate Holdings 7/26/05 rec. $600,000
    Mergenhagen 25 to Seneca Property Mngt. 1/16/04 rec. $230,000
    Michigan 390-402 to Crestline Dev. 8/13/04 rec. $105,000
    Michigan 493 to BURA 4/4/05 rec. $350,000
    Mississippi 26 to Cobblestone Dev. LLC (BenLin Warehouse) 2/19/03 rec. $1,100,000
    Mississippi 26 to Michigan St. Development 3/16/05 rec. $833,000
    N. Oak 390 to Ellicott Lofts LLC 4/3/03 rec. $300,000
    Niagara Square One to JCLM LLC (law firm) 3/19/04 rec. $700,000
    Niagara St. 101 to Federal Government 5/27/05 rec. $370,000
    Niagara St. 171 to Acquest 9/5/03 rec. $135,000
    Niagara St. 514-24 to H & H Properties 8/13/04 rec. $165,000
    Niagara St. 585 to Flanders Ventures LLC 5/28/04 rec. $225,000
    Niagara St. 1010-12 Deringer Inc. to BCB International 3/5/04 rec. $400,000
    Niagara St. 1014 Miken to Ciminelli Int'l Services 7/2/98 rec. $500,000
    North St. 140-50 to Lenox Buffalo LLC (R. Freudenheim sold) 10/29/04 rec. $2,000,000
    North St. 140-50 to AFT Lenox LLC 8/5/05 rec. $2,400,000
    North St. 245 to 245 N. Street LLC (YMCA sold) 10/21/05 rec. $700,000
    North St. 249 to Twain Museum (Paladino sold) 3/28/03 rec. $83,000
    North St. 249 to Delaware Group Inc. (Twain Museum sold) 7/23/04 rec. $95,000
    Oak 45 to Erie County (Great Lakes Collection Bureau) 11/29/02 rec. $3,100,000
    Oak 266-286 to Signature Development (Burke) 7/26/05 rec. $130,000
    Oak 362 to 362 Oak LLC (Burke) 9/3/04 rec. $287,560
    Pearl Street 318 Macaroni Co. 1/2/98 rec. $250,000
    Pearl Street 318 to 318 Pearl Inc. (Macaroni Co.) 4/3/03 rec. $199,631
    Pearl Street 421 to 598 Main LLC (City Centre II) 11/25/02 rec. $515,000
    Pearl Street 432-448 to Skydeck Corp. 11/12/99 rec. $290,000
    Pearl Street 470 to 470 Pearl LLC (Uniland/Croce) 2/4/05 rec. $1,200,000
    Pearl Street 496 to Body Blocks 11/19/04 rec. $170,000
    Perry Street 180 to Ansel Press (Graybar sold) 8/16/03 rec. $510,000
    S. Elmwood 97-99 to Federal Government 6/24/05 rec. $600,000
    S. Elmwood 130 to Acquest (Ansel Press sold) 8/16/03 rec. $431,000
    S. Elmwood 132 to Acquest Niagara Center 7/4/03 rec. $175,000
    S. Elmwood 156 to Acquest 8/23/03 rec. $400,000
    S. Elmwood 397 to Trinity 448 LLC (Moscati sold) 7/14/05 rec. $512,000
    Seneca Street 1 to Seneca One Realty 1/21/05 rec. $85,020,000
    Seneca Street 740 to LCo Building Development 4/11/05 rec. $20,000
    Swan Street 38 to M. Stachera (Patrick McGinty sold) 8/13/04 rec. $105,000
    Swan Street 329 to James Sandoro (Auto Museum) 3/14/03 rec. $6,000
    Swan Street 505-9 to T. DeJesus (Paladino sold) 5/30/03 rec. $6,500
    Sycamore 163 to Hencricks Comm. Prop (plus 266 Broadway) 12/30/04 rec. $921,200
    Sympony Circle 2 to J. Verrastro (Bflo Philarmonic sold)- Birge 3/12/04 rec. $235,000
    Sympony Circle 71 to G. Guido (Bflo. Philharmonic sold) 6/27/03 rec. $100,000
    Tracy Street 76-78 to WNY 1 Properties 4/2/04 rec. $155,000
    Van Rensselaer 154-60 to LCo Bldg. (S. Stirling sold) 9/17/04 rec. $313,341
    Virginia 26 to JSRTMK 12/23/04 rec. $125,000
    W. Chippewa 68 86 W. Chippewa to 70 W. Chippewa Corp. 4/17/98 rec. $182,000
    W. Chippewa 176 From Cliff Jones to Mader Construction 9/19/97 rec. $100,000
    W. Huron 168 to Interwest Prop. (Fed'l Center Venture sold) 9/12/03 rec. $153,000
    W. Huron 73-77 to Hurondel I Inc. (Croce) 10/3/03 rec. $925,000
    W. Tupper 120 to 120 W. Tupper Inc. 4/11/03 rec. $1,800,000
    Washington 285 to 2229 Group LLC 9/20/03 rec. $390,000
    Washington 387 to 1236 Group LLC- Paladino (City sold) 2/20/04 rec. $13,000
    Washington 389 to 1236 Group LLC- Paladino (City sold) 2/20/04 rec. $41,000
    Washington 499 to Washington Apts. LP (Holling Press) 1/2/04 rec. $870,000
    Washington 500 to J. Trettel (Skowronski sold) 1/21/05 rec. $40,000
    Washington 504 to 504 Washington Inc. 9/20/03 rec. $14,500
    Washington 504 to Washington Condos 2/4/05 rec. $125,000
    Washington 510 to Southwest Holdings (City sold) 4/11/05 rec. $105,000
    Washington 510 to 510 Washington LLC 9/23/05 rec. $390,000
    Washington 517 to 504 Washington Inc. 2/18/05 rec. $123,500
    Washington 707 to Printing Prep (City sold) 6/4/04 rec. $179,230
    Washington 775 to Printing Prep (Eastman Mach. sold) 1/30/04 rec. $20,000
    Washington 853 to Hauptman (BURA sold) 10/7/03 rec. $60,000
    Washington 901 to Roswell Park (Kaleida sold) 9/23/05 rec. $2,300,000
    Washington 960 to Evergreen Real Est. Properties 3/7/05 rec. $410,000

  6. #21
    moonshine
    Guest
    Thanks. Give me some time to work thru the list.

  7. #22
    Member
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    30 Court
    207 Delaware
    470 Pearl
    517 Washington

    Are four vacant parcels used for parking. I'm sure there are a few others in there.

  8. #23
    moonshine
    Guest
    I've yet to find a parking lot that charges $3/day.
    I used to park under the 190 at HSBC for $40 a month. There's usually 20 business days in a month, so that equals $2 per day.

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