5 ms·
In FiDi/SoMA single parking spots can sell for $150k. I would be expecting $50-100k per resident.
by anindha 9y ago
In FiDi/SoMA single parking spots can sell for $150k. I would be expecting $50-100k per resident.
- kbenson 9y agoThe question isn't about market value, it's about whether the homeowners should have been contacted about the problem and given a chance to remedy it (e.g. First right of sale) The answer to that may differ from person to person, and may depend heavily on facts not presented here, such as whether the money was paid be the homeowners but didn't make it to the city, whether the city should have or did know the accountant's address was no longer good for decades, etc. Because I support sane outcomes when this happens to poor communities, I support the same when it happens to rich ones.
- obsurveyor 9y agoPresumably they were contacted but the home owners association failed to keep an up-to-date mailing address with the tax authority. It's not the city's responsibility to determine if mailing addresses are accurate, especially for a three decade tax bill of less than $1000.
- kbenson 9y ago> It's not the city's responsibility to determine if mailing addresses are accurate, especially for a three decade tax bill of less than $1000. I'm not so sure. If a property that is held in common is going to be sold, perhaps a good faith effort to contact the property owners requires a bit more effort, regardless of whether the amount due is small. The sale price was $90k.
- mr_turtle 9y agoPretty much this. This story is a bit click-baity with the details summarized as a comedy of errors. I love Matier and Ross as much as anyone else, but they really should have dove into this more. It's absurdly silly if SF had no contact with any of the residents of 30 years and just out of the blue decided to auction the rights to the street. As for the winner, kudos to him. Now he'll either settle for a significant amount of court, or mired in years of civil trial.
- sjg007 9y ago120 spots at 150k each is $18m.