Nov. 2024 Post story on #4101Laclede project by @stephkukuljan.bsky.social
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#4101LacledeCID board charges condo owners a hefty special assessment, used to pay down a development loan.
The City tax jurisdictions, inc. SLPS, only receive property tax on the land value.
/2
bsky.app/profile/step...
#4101LacledeCID board charges condo owners a hefty special assessment, used to pay down a development loan.
The City tax jurisdictions, inc. SLPS, only receive property tax on the land value.
/2
While CWE condo owners are paying $$$ to fix water leaks, wood rot & other issues at building, the developers have been collecting over $200K/yr from residents to recoup money they spent building the project.
One expert told me the developers are "double-dipping"
www.stltoday.com/news/local/b...
One expert told me the developers are "double-dipping"
www.stltoday.com/news/local/b...
Developers embroiled in condo lawsuit charge owners $200,000 a year
While condo owners are paying thousands of dollars to fix water leaks, wood rot and other structural issues at their Central West End building, the developers have been collecting over $200,000 a year...
www.stltoday.com
November 10, 2025 at 9:00 PM
Nov. 2024 Post story on #4101Laclede project by @stephkukuljan.bsky.social
bsky.app/profile/step...
#4101LacledeCID board charges condo owners a hefty special assessment, used to pay down a development loan.
The City tax jurisdictions, inc. SLPS, only receive property tax on the land value.
/2
bsky.app/profile/step...
#4101LacledeCID board charges condo owners a hefty special assessment, used to pay down a development loan.
The City tax jurisdictions, inc. SLPS, only receive property tax on the land value.
/2
🚨 the #4101LacledeCID board meets Monday, 3/17 at 10:30 a.m. In-person & via phone.
The #4101Laclede project received a 10 year tax abatement, coupled with the creation of a developer/investor-controlled CID.
No agenda posted.
#TaxingDistrictsSTL #SunshineWeek
/1
www.stlouis-mo.gov/events/event...
The #4101Laclede project received a 10 year tax abatement, coupled with the creation of a developer/investor-controlled CID.
No agenda posted.
#TaxingDistrictsSTL #SunshineWeek
/1
www.stlouis-mo.gov/events/event...
March 14, 2025 at 3:44 PM
🚨 the #4101LacledeCID board meets Monday, 3/17 at 10:30 a.m. In-person & via phone.
The #4101Laclede project received a 10 year tax abatement, coupled with the creation of a developer/investor-controlled CID.
No agenda posted.
#TaxingDistrictsSTL #SunshineWeek
/1
www.stlouis-mo.gov/events/event...
The #4101Laclede project received a 10 year tax abatement, coupled with the creation of a developer/investor-controlled CID.
No agenda posted.
#TaxingDistrictsSTL #SunshineWeek
/1
www.stlouis-mo.gov/events/event...
Combining tax abatement with a “site-specific” Community Improvement District is a great deal for the developer, but starves St. Louis Public Schools & the City of STL of much needed 💰 resources.
#4101Laclede
How the #4101LacledeCID racket works👇
bsky.app/profile/step...
#4101Laclede
How the #4101LacledeCID racket works👇
bsky.app/profile/step...
While CWE condo owners are paying $$$ to fix water leaks, wood rot & other issues at building, the developers have been collecting over $200K/yr from residents to recoup money they spent building the project.
One expert told me the developers are "double-dipping"
www.stltoday.com/news/local/b...
One expert told me the developers are "double-dipping"
www.stltoday.com/news/local/b...
Developers embroiled in condo lawsuit charge owners $200,000 a year
While condo owners are paying thousands of dollars to fix water leaks, wood rot and other structural issues at their Central West End building, the developers have been collecting over $200,000 a year...
www.stltoday.com
March 14, 2025 at 7:25 PM
Combining tax abatement with a “site-specific” Community Improvement District is a great deal for the developer, but starves St. Louis Public Schools & the City of STL of much needed 💰 resources.
#4101Laclede
How the #4101LacledeCID racket works👇
bsky.app/profile/step...
#4101Laclede
How the #4101LacledeCID racket works👇
bsky.app/profile/step...
I wonder if Roddy still maintains that critics of the #4101Laclede project are clueless.
November 20, 2024 at 6:28 PM
I wonder if Roddy still maintains that critics of the #4101Laclede project are clueless.