Short On The Delivery

By Mitch Berg

How it started: Mayor Frey bleating “Minneapolis is back, baybee!”

How it’s going: Ameriprise Tower in Minneapolis sells for pennies on the dollar:

That tower used to generate $2.5M a year in property taxes. 

I don’t think the city’s spending has dropped 97%.  That burden is all going to residential property owners. 

2 Responses to “Short On The Delivery”

  1. jdm Says:

    That burden is all going to residential property owners

    That would not include those in “affordable housing”.

    So, those tent cities sprinkled around the metro… aren’t some of them on private land? Do the owners, who pay property taxes on the parcels (yes?), pay undeveloped land rates?

  2. Bill C Says:

    Part A: So, those tent cities sprinkled around the metro… aren’t some of them on private land?

    Part B: If a homeless encampment IS on private property, why in the world does the property owner allow it to stay? Is there some city code saying private property owners are not allowed to force encampments off their property?

    Part C: If the answer to B is “no there is no city code that forces private property owners to allow an encampment to exist”, I wonder why the property owner isn’t forcing them off the land, or why the property owner isn’t trying to divest themselves of the land. Hell, if it is unsellable, deed it over to the city and get it off your books. Let the city worry about upkeep/insurance, etc.

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