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Daniel BudishSubmitted by lmcshane on Fri, 06/02/2023 - 09:17.
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W 117 Development -Mitch Paul responds to Scene article
Subject: This property isn't very legal at all . Note the nonstated sales price and lack of payment of the .4% transfer tax? See the two mtgs for almost 1 1/4 million$ that suggests an actual sales price of about 1.5 millions. Not really closely related entities at all. But its the low appraised values and the board of revisions case that makes this so interesting. Only 334k for 20thousand sq ft of nice commercial space..take away the land and it's less than 9$ per ft sq. Or less than the annual rent.
To: <kdurbin [at] cleveland [dot] com>