In a story about developers seeking property tax reductions for buildings that have lost value during the real estate slump, the Chronicle reported that its owner, Hearst Corp., wants a tax break from the city and county of San Francisco on several of its properties. "That includes a claimed $25.7 million (63 percent) reduction in the value of The Chronicle headquarters at 901 Mission St. [pictured], which the company has acknowledged it is considering redeveloping," said the story by staff writer James Temple. No more specifics were given. Hopefully no horse trading will take place. (Photo credit: Deanne Fitzmaurice, Chronicle, file)
Monday, March 24, 2008
Chronicle seeks tax reduction on its building
In a story about developers seeking property tax reductions for buildings that have lost value during the real estate slump, the Chronicle reported that its owner, Hearst Corp., wants a tax break from the city and county of San Francisco on several of its properties. "That includes a claimed $25.7 million (63 percent) reduction in the value of The Chronicle headquarters at 901 Mission St. [pictured], which the company has acknowledged it is considering redeveloping," said the story by staff writer James Temple. No more specifics were given. Hopefully no horse trading will take place. (Photo credit: Deanne Fitzmaurice, Chronicle, file)
Subscribe to:
Post Comments (Atom)
4 comments:
What? The Chronicle favors lowering taxes? Somebody alert the media.
R. Holmgren? As in the public information officer for the Oakland Police Department? If it's you, I've left several messages there looking for info about an '06 homicide case. Haven't heard a word. How 'bout a call?
G.W. Schulz
Reporter
SFBG
415-487-2545
Yeah, they don't know anyone by my name. Next time ask for Roland Holmgren.
The Chronicle favors lowering taxes for itself but raising them for everybody else.
Post a Comment