"Nobody will ever deprive the American people of the right to vote except the American people themselves and the only way they could do this is by not voting." - F. D. Roosevelt

User login

Welcome to iBrattleboro!

Welcome to iBrattleboro!
It's a local news source by and for the people of Brattleboro, Vermont, published continually. You can get involved in this experiment in citizen journalism by submitting meeting results, news, events, stories, reviews, how-to's, recipes, places to go, things to do, or anything else important to Brattleboro. Or, just drop by to see what others have contributed.

Find iBrattleboro on:

 Twitter YouTube

Authentically Local

Search the Archives

Ye Olde iBrattleboro Archive

Use the pulldown to choose desired number of results.

 

Search the first decade
of iBrattleboro archives
at Archive-It.org
Feb 20, 2003 to Feb 6, 2013

Why is Brattleboro Subsidizing Millionaires investors at the Brooks House?


Why
is Brattleboro giving tax breaks to a group of millionaires who bought the
Brooks House and want to put in luxury apartments?  What if the project fails?  If the
project goes belly up, what is the financial guarantee to the town? Will the
town contiue to pay rent to Brooks house for the Harmony lot? Will the town
recoup the thousands of dollars it has already put into the Brooks house?

I encourage  taxpayers
to write to the Selectboard and oppose the subsidie for millionaires.

joe green

»

Comments | 5

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
 #

Chicanery?

Joe, I think that you need to do a bit more research before throwing out all of these accusations. For example I don't think Stevens Assoc. is building the police or fire stations, but perhaps doing the engineering work.

I will say, though, to your point, that it seems rather strange that Mesabi, LLC which owns and is renovating the Brooks House is so happy to receive town, state and federal aid when one of the principals has stated emphatically that he "hates taxes."

 
 #

what a whiner

What are the anticipated taxes that this building will be contributing to the town once it is fully occupied?

I think that is more important to analyze this rather than tar the "millionaires" that you are attacking for investing in downtown residence. And the "attack" on one of the investors, ovey, get a grip.

I doubt anything would have happen with this building unless some type of breaks were offered. Clearly the old owner wasn't in a position to foot the bill. This is a huge project, one that I imagine was difficult to gather together an investment group, find a bank, etc. You should be so lucky that this building is not remaining a burnt out empty shell.

 
 #

Look carefully at taxes

Actually, because Brattleboro taxes are such a mess and there are so many incentives, we do not know how much tax there will be. The Windham Land Trust no one knows what is the accurate amount they pay to the town, not even the town finance office.

The previous owners of the Brooks house gouged tenants, and put almost no money back in the building.

These multimillionaires are asking for tax breaks and subsidies, and there is no guarantee on the amount of taxes they will pay.

 
 #

Can you share a little more

Can you share a little more about the owner's finances at the time of the fire? Why can that person clearly not afford to rebuild?

 
 #

So, who are these

So, who are these millionaires?

 

Local Ads

iBrattleboro Poll

My favorite sign of spring is

Choices