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Schenectady Common Council president pushes dual tax-rate system

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The city will need state approval to create a new tax system that would charge landlords more than owner-occupants. Council President Gary McCarthy pushed for speed Tuesday, challenging city workers to put together a state home-rule legislation request in just two weeks. In that time, he wants to present hard data to prove his supposition that rental buildings cost the city more than single-family homes. Owners living in a two-unit home would not be charged ...


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comments

mad97dog
January 20, 2010
8:20 a.m.

[ Flag Post ]

The only thing they will do is force responsible landlords like myself to sell and get out of schdy once and for all. The buildings loose value everytime they raise the taxes or fees for one reson or another. I have owned a building for 25 years in this city which has gained minimal value and requires constant up keep with less services and more fees on the way. Tell me gentlemen what is wrong with this equation.

justapto
January 20, 2010
2:53 p.m.

[ Flag Post ]

Don't invest in socialist high tax Schenectady. They are not business friendly and believe that to make a 'profit' is evil!

wmarincic
January 21, 2010
9:28 a.m.

[ Flag Post ]

I have been a homeowner in a two family home for many, many years. I was very picky when it came to getting the right tenant for my property as they would be living right above me in MY HOME. My current tenant has been there for ten years and she pays about $100 less per month than a tenant in an absanteee landlords property in my neighborhood. I also have a very nice backyard and backporch for my tenant and I am right there to address any and all problems. The most important part of this is that my home and tenant are not a blight on the neighborhood and the Police are never called to my house. We are very respectful to our neighbors and neighborhood and only wish those tenants that absantee landlords move in felt the same, but they don't because all the absantee landlord wants is the money and the less he does to the property to improve it or even keep up to code is more money in his pocket. I say GREAT IDEA to tax absantee landlords higher rates. Owner occupied properties are what makes a neighborhood a neighborhood and it also keeps the cost to the city and the strain on it's resources down. If the Mayor had half the sense that Gary McCarthy does this city would have been back on it's feet years ago.

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