Title
Dept/ Agency: Finance
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Purpose: Stipulation of Settlements for Tax Appeals
List of Property:
(Tax Payer/Address/Block/Lot/Ward/Assmnt./Year/Refund Amount)
1-3 Cornelia St. Corp./39-53 Wheeler Point Rd./1126/30/East/$1,500,000.00/2009/$7,943.10
1-3 Cornelia St. Corp./39-53 Wheeler Point Rd./1126/30/East/$1,500,000.00/2010/$9,222.00
1-3 Cornelia St. Corp./39-53 Wheeler Point Rd./1126/30/East/$1,500,000.00/2011/$9,222.00(est)
210 Realty Management/210-212 Roseville Ave/1928/25/Central/$583,800.00/2009/$1,643.40
210 Realty Management/210-212 Roseville Ave/1928/25/Central/$583,800.00/2010/$1,908.00
210 Realty Management/210-212 Roseville Ave/1928/25/Central/$583,800.00/2011/$1,908.00(est)
285 Goldsmith Ave/279-285 Goldsmith Ave/3718/35/South//725,300.00/2008/$3,256.55
285 Goldsmith Ave/279-285 Goldsmith Ave/3718/35/South//725,300.00/2009/$3,431.97
378-392 Washington Street Car Wash/378-392 Washington St./112/2/Central/$2,367,900.00/2009/$5,487.00
378-392 Washington Street Car Wash/378-392 Washington St./112/2/Central/$2,367,900.00/2010/$6,360.00
382 Realty LLC/382-388 Frelinghuysen Ave/3516/4/South/$825,000.00/2008/$5,172.01
382 Realty LLC/382-388 Frelinghuysen Ave/3516/4/South/$825,000.00/2009/$5,450.61
382 Realty LLC/382-388 Frelinghuysen Ave/3516/4/South/$825,000.00/2010/$6,328.20
382 Realty LLC/382-388 Frelinghuysen Ave/3516/4/South/$825,000.00/2011/$6,328.20(est)
857 LAL Rlty Corp./857-863 Frelinghuysen Ave/3754/1/South/$365,900.00/2007/$3,037.80
857 LAL Rlty Corp./857-863 Frelinghuysen Ave/3754/1/South/$243,900.00/2008/$0
857 LAL Rlty Corp./857-863 Frelinghuysen Ave/3754/1/South/$243,900.00/2009/$0
Colonnade & Pavilion CP-Data Prompt/23-59 Clifton Ave/456/1/Central/$18,000,000.00/2007/$22,410.00
Colonnade & Pavilion CP-Data Prompt/23-59 Clifton Ave/456/1/Central/$18,000,000.00/2008/$23,391.00
DFC Polishing Metals Inc./245-249 Verona Ave/849-39/North/$$716,100.00/2007/$5,169.24
DFC Polishing Metals Inc./245-249 Verona Ave/849-39/North/$$508,500.00/2008/$1,520.42
Empire Realty LLC/394-398 Frelinghuysen Ave/3516/8/South/$921,400.00/2008/$5,754.19
Empire Realty LLC/394-398 Frelinghuysen Ave/3516/8/South/$921,400.00/2009/$6,064.15
Empire Realty LLC/394-398 Frelinghuysen Ave/3516/8/South/$921,400.00/2010/$7,040.52
Empire Realty LLC/394-398 Frelinghuysen Ave/3516/8/South/$921,400.00/2011/$7,040.52(est)
Empire Realty LLC/400-406 Frelinghuysen Ave/3516/10/South/$1,400,000.00/2008/$8,758.63
Empire Realty LLC/400-406 Frelinghuysen Ave/3516/10/South/$1,400,000.00/2009/$9,230.43
Empire Realty LLC/400-406 Frelinghuysen Ave/3516/10/South/$1,400,000.00/2010/$10,716.60
Empire Realty LLC/400-406 Frelinghuysen Ave/3516/10/South/$1,400,000.00/2011/$10,716.60(est)
Anton & Ernst Ginzberg, Crummy/ 166 Abington Ave/600/1/North/$810,000.00/2009/$3,160.81
Anton & Ernst Ginzberg, Crummy/ 166 Abington Ave/600/1/North/$810,000.00/2010/$3,669.72
HAR STE Realty Corp./ 32-34 William St./94/1/Central/$335,000.00/2009/$958.65
HAR STE Realty Corp./ 32-34 William St./94/1/Central/$335,000.00/2010/$1,113.00
Katz, Joel/R. 847-983 Doremus Ave/5082/74/East/$417,500.00/2009/$5,478.00
Katz, Joel/R. 847-983 Doremus Ave/5082/74/East/$417,500.00/2010/$6,360.00
Mormandie Group LLC/103-123 Chancellor Ave/3691.01/45/South/$2,800,000.00/2008/$0
Mormandie Group LLC/103-123 Chancellor Ave/3691.01/45/South/$2,800,000.00/2009/$13,695.00
Mormandie Group LLC/103-123 Chancellor Ave/3691.01/45/South/$2,800,000.00/2010/$19,080.00
Narcisco Enterprise LLC/65 Warwick St./959/12/East/$293,100.00/2009/$2,550.01
Narcisco Enterprise LLC/65 Warwick St./959/12/East/$293,100.00/2010/$3,278.58
Neno, A & M & Teixeira J & M/138-146 Union St./192/40/East/$648,100.00/2008/$774.50
Neno, A & M & Teixeira J & M/138-146 Union St./192/40/East/$648,100.00/2009/$1,317.46
NJ Property Holding LLC/65-67 Jackson Street/2000/28/East/$600,000.00/2008/$0
NJ Property Holding LLC/65-67 Jackson Street/2000/28/East/$600,000.00/2009/$1,073.69
Aero General LLC/65-67 Jackson Street/2000-28/East/$600,000.00/2010/$1,590.00
Pathmark Inc./237-249 S. Orange Ave/261/58/West/$7,415,500.00/2010/$29,112.90
Pruview Props LLC/27 Academy St./53/9/Central/$600,000.00/2009/$2,739.00
Pruview Props LLC/27 Academy St./53/9/Central/$600,000.00/2010/$3,180.00
Reco Nelson, Inc./242-260 Thomas St./1161/14/East/$1,000,000.00/2009/$2,054.25
RM Bradley & Co Inc. (c/o R Ellis)/176-180 South St./East/$1,158,700.00/2007/$6,516.33
Bank of America/176-180 South St./East/$987,700.00.00/2008/$2,357.29
Bank of America/176-180 South St./East/$987,700.00.00/2009/$2,484.27
SLB Management LLC/16-24 William St./94/6/Central/$600,000.00/2009/$427.28
SLB Management LLC/16-24 William St./94/6/Central/$600,000.00/2010/$1,272.00
Van Velsor LLC/87-101 Chancellor Ave/3691.01/32/South/$$2,750,000.00/2008/$19,492.50
Van Velsor LLC/87-101 Chancellor Ave/3691.01/32/South/$$2,750,000.00/2009/$26,020.50
Van Velsor LLC/87-101 Chancellor Ave/3691.01/32/South/$$2,750,000.00/2010/$33,390.00
Victoria Street Realty LLC/408-420 Frelinghuysen Ave/3516/20.01/South/$1,735,500.00/2008/$10,902.81
Victoria Street Realty LLC/408-420 Frelinghuysen Ave/3516/20.01/South/$1,735,500.00/2009/$11,490.11
Victoria Street Realty LLC/408-420 Frelinghuysen Ave/3516/20.01/South/$1,735,500.00/2010/$13,340.10
Victoria Street Realty LLC/408-420 Frelinghuysen Ave/3516/20.01/South/$1,735,500.00/2011/$13,340.10(est)
Total Settlement Amount: Not to exceed $436,721.00
Additional Information:
Invitation: Corporation Counsel, July 6, 2011