The Shanley (née Electrohome, 152 Shanley St) | 8 fl | U/C

[KevinL]

I get that the city is trying to remedy the cost they are caring on their books, however, it set a precedence moving forward.  I would argue that I wont pay my property tax bill as a resident for a while, then I will negotiate a one time pay back of pennies on the dollar to the city and continue along like nothing happened.  I think it is a slippery slope they went down.

Remember, they only took this step because of the failed tax sale. The vast majority of properties are worth more than their back taxes; this is a unique category.