Assessment angst around?

So am I misperceiving things, or is angst over reassessments pretty quiet?  A decade ago the surge against assessments was virtually nonstop for over a year.

Anyway. In the news today is a note that a Downtown office building, Penn Avenue Place. sold for $54 million.   It’s current assessed value: $35.9 million.   It’s 2012 assessed value: $50.9 million.

Just saying is all.

Actually what is kind of remarkable is that the news item, albeit a short real estate note, does not mention even in passing that the property is that which was once Horne’s Department Store.   Memories.

apologies: Sam caught this days ago, and of course connected the dots with Hornes.

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