I was gonna say you don't know Kevin Rowe.

No.

Our our path of that gone.

Yeah, whenever whenever you're ready.

Sure.

Are we waiting for car?

No.

Oh, yeah.

Always a pleasure.

Good to see you as well.

So it's just two properties, 115 North Warren, 101 South Salina.

Would you like them uh done in any particular order?

Nope.

No, this makes no difference.

Okay.

All right.

So then uh we'll do it in the order of what's on the sheet, which is uh uh one fifteen North Warren Street and James Street.

Okay.

And I will uh whenever you're ready, I'll square you in.

I'm ready.

Okay.

Uh state your name for the breakfast.

Kevin Rowe.

Do you affirm to tell the truth and give accurate information to the best of your ability?

I do.

Okay, great.

All right.

So let's go ahead.

Just uh read some information in okay again.

This is one fifteen North Warren Street.

Uh this is uh two hundred and twenty-one space parking lot.

Uh we have a current tenant of assessed value of one million twenty-five thousand dollars for the land value of one million twenty-five thousand dollars, and that would be a market value of one million nine hundred and seventy-one thousand one hundred and fifty-four dollars.

Uh petitioner believes the fair market value is two hundred and eight thousand, I'm sorry, four hundred thousand dollars, which would be an assessed value of two hundred and eight thousand dollars.

Uh so let me turn it over to you just for a little background.

Okay, yeah, this is uh parking lot um according to the north fringe of the downtown area.

Um which is uh one of the problems since uh they've had with this parking lot.

This is this is in litigation pending for several years already.

So um uh we're gonna submit the income and expense statements, and income expense statements are reflect um uh uh net operating income probably after you know bad back depreciation and so forth in the thirty to thirty-five thousand dollar range or something, which is um you know probably cap that out.

It's um it's not a million dollars.

Um so um, but one of the problems is it it's it's near the Samaritan uh uh society place.

The it and our my client or Anne would say we support that facility, but it has created problems with vandalism, so they have to have a full-time security guard.

Um did you swear in it?

Yes, okay, yes, okay, sorry.

Um and since COVID the occupancy of the building has gone down, they're not in an area of this of the city that gets a lot of daily traffic for other buildings.

Um there it's just kind of a fringe parking lot.

It's a big kind of bigger than they need for the building.

Um exactly is it's the brewer brewer Hoover Brewer building, NBT drive-thru is there?

Yes.

That's what I thought.

Yeah across from the old newspaper.

Across from the other side of that hair salon, I think there's a small parking lot associated with that hair salon on the other side of the street.

So that's really yes, yes.

That's really the um the scoop on this is the the income they you know, it's not like they're turning people away, but the income is.

I think he's come in before on this.

Yes, yes, yeah.

It's it's there's litigation pending on this one for a few years.

And and uh so is the person uh the the security company uh doing what uh try trying to uh is is the vandalism minimized since but it's just an expense they have to incur sure uh for the but it's not uh something where uh uh they're dealing with uh continual break ins and what you have because of that.

No, it's just it's just this expense.

It's just an expense they have to incur.

What kind of they move parking lot well break ins.

Yeah, car break ins or car break.

Oh, okay, yeah.

That kind of um uh Ann, and I'm sorry, did you want to did you want to say something?

No, I'm that's definitely it isn't litigation.

I'll just uh some information any uh ongoing discussions or uh periodically, but we haven't made much progress.

Um I we yeah, Matt's you know Matt is uh pointed out a number of what do you think are comparable uh properties and sales and so forth, and they're kind of all over the map, and you know, every parking is kind of unique by its location.

I think that's that's one of the problems.

It's hard to hard to equate a one parking lot uh with another.

Um you know, they don't get the traffic from downtown events that other uh parking lots do.

Um and they don't, and it's really bigger than they can fulfill with just tenants um uh tenant parking.

I mean, they have they have tenants to pay you know monthly fees, they have some tenants where the the parking is passed through in the lease, and I guess passed through the parking lot owner, um but uh they you know it's not and you know I think everybody knows that office occupancy has gone down since COVID and I work from home almost all the time now.

Um a lot of people do, so um that's really it.

Did New York State um contact them?

Are they taking any of their lot for when 81 comes down?

Not not yet, no.

Okay.

No.

Just curious because they took the little piece of the city lot and then they took it in condemnation.

Oh, don't you?

And then they left.

I mean left a little bit.

Oh, like four feet or I mean something crazy, but this is off the top of the 100% charter spectrum for their airboard property.

They took like half their parking lot.

And they split didn't they split it down the middle?

And they left an orphan parcel.

No, I I'm well aware.

Yep.

That's crazy.

I guess I should have grieved that one.

I don't think well they're meeting till Thursday.

That's right.

I shouldn't say that.

No, I can't uh actually, these are the last two of the city ones I'm doing.

I can no longer do litigation in the city other than the ones that are pending.

So uh is that by choice or somebody told us that's the case.

That's fair.

That's it.

It's it's a conflict issue that uh the corporate council is not way on what no longer will wave the conflict.

Uh okay.

Okay.

Uh 101 South Salina Street.

You just pulled the uh tissue here.

Yeah, this is okay.

Okay.

Carl is uh that one there.

Uh okay.

Uh so this here uh one thing.

Yeah.

Uh 101 South Salina Street.

This is uh the former MT bank building and parking lot.

Uh current tentative assessed value, 11 million six hundred and twenty thousand dollars with a land value of one million two hundred and twenty thousand dollars.

Um and this is an exemption issue, okay.

Uh I will just uh uh for note purposes.

Um the market value on eleven million six hundred and twenty thousand dollars is uh full market value twenty-two million three hundred and forty-six thousand one hundred and fifty-four dollars.

And this we're looking for a full exemption?

No, no.

Actually, I as I say every year, you can't do anything about this right now.

Yeah, remind remind me because uh this yeah, this is I I know there's but Matt was it was kind of Matt Bellywood.

So this goes back to um the 2022 assessment when they start they bought the property, right?

Um and we claimed we grieved it in 2022, claiming that the assessment should be lower than uh and then they did a bunch of improvements, and then the improvements um are exempt over the base amount of exemption.

Okay, uh we're saying that base amount should be lower.

Got it.

You can't change that now.

You can't change the 22 assessment.

That's in litigation though, and um so we're just filing this to preserve in case that exemption that value gets lowered in 2022, that would affect the amount of the exemption in this year.

But you can't there's nothing you can do, we just have to file this to keep to preserve it.

Um so this is yeah, they've done this is where they've done the all sorts of apartments and commercial, it's uh beautiful project.

Um we don't complain about the total assessment, it's just the exemption base.

So the is that all up and running now?

Pretty much, yeah.

And how many apartments?

Well, I don't really know.

119?

And I'm gonna do it.

119 apartments?

Nice.

And uh the the first floor is commercial, um the treasury, right?

That's where the treasury is.

Yeah, what a great building.

Yeah.

Uh yeah, they've done a nice job, yes.

Yeah, and uh and then the probably pay for the parking or include the parking or what have you as far as the tenants are concerned.

The garage is there, right?

Yeah, yeah, yeah.

Yes.

Well, the yeah, the garage, there's yeah, there were two, there's another building is the larning building and the MT building and the garage.

Um this only involves the first two, but so anyway, the yeah, there's nothing this is just a placeholder.

Yeah, no problem.

Did you have some of you?

I mean, it's I it's just the inver information.

I understand yeah, it's uh we're getting ready to you know make a move, and I'm just not sure what to do.

Um and I've always thought about living downtown.

I yeah, that would be probably a hell of a building.

It's uh I'm again off topic, but um it's one of the things is those cycles, you know.

Everybody moved out of town, now they're moving back.

Shopping moved out of town, then they're moving back, and it's it's a um it's really some nice things are happening.

Yeah.

Uh especially with housing downtown.

So next building is turned out nicely.

Yeah, oh interesting.

Uh not sure.

I've been wanting to move far away from Carl.

I won't move downtown.

Oh, right.

Uh thank you.

Thank you.

Thank you for your time.

Always good to see you.

Thanks for coming downtown.

Yeah.

Oh, and you gave me uh submission.

So we're set there.

Let's go to the shelf.

You wouldn't think Carl and I are good friends, but we really are behind closed doors.

Okay.

Okay, so now it's just uh maybe this Erie Boulevard and then not not hill.

They're probably the same person.

They're the same person, okay.

All right.

And that's uh 1130.

Yeah.

All right.

How's your coffee?

Much better.

Oh, yeah, better.

Actually, fabulous.

That's not right, Michelle.

When when I came back from Ireland, and then I came back from my trip a few weeks ago.

I said the only thing I missed was my peppermint mocha creamer because I have creamer with my coffee, not you know, I just doesn't I enchanted my daughter said, that's the same thing you said when you came back from Ireland.

I said, I I need to learn how to like freeze a bottle and take it with me.

I don't they don't do that in Ireland.

No, it's all just cream.

No, I mean I guess you can buy flavors, but it was just funny because I went to the grocery store in Florida trying to find it.

See my friends when they come back from Ireland, they miss the taste of Guinness over there.

Yeah, it's different here.

Yeah, I have to put the cherry or the cordial stuff in mine to drink it.

Oh yeah.

So last year when we were uh see how it was doctor's wedding.

We were in Clifton.

This was after the wedding.

Or I'm like, isn't that Mary Beth and Betty Collins?

Yeah.

Literally.

So we I texted them.

And I'm like, we're at the grocery store.

Yeah.

Literally.

I'm like, wait a minute.

Wow.

There's Mary Beth.

Of course there's Mary Beth.

I think Tuesday you only have maybe five on Tuesday, because that's Tom, right?

Do you remember Michelle?

Tom only has like maybe five.

I think Tom has four, and I think uh Joe has one on that day.

So that should be a bad day.

Tuesday about five people and then Wednesday night.

Wednesday night there's probably 10 or 15.

Yeah.

Because you said around six months.

Yeah, I can't do that in my head right now.

But yeah.

Yeah.

So 10 15 Wednesday.

Thursday is pretty packed, right?

Friday.

Friday.

Friday's packed, and that's uh catch-all and try and wrap it up at that point, I understand.

Um then we're gonna commit on Thursday and do uh the first day, February 6th.

And uh at that the following week.

Uh we'll try to do all five days, and then uh Carl be out of town the first week of uh March, so we won't meet that week, and then uh I gotta believe we uh gotta be able to wrap up by uh the 20th anyway.

Usually we're you know up against the 31st.

So yeah, that's sure uh this would be good uh timing and no pressure.

Where do you go, Carl?

Down south.

Oh yeah.

Okay.

Yeah, I was gonna say you're they're they're Royce family's near uh Disney World.

Right.

Do you stay with them or do you stay in a hotel?

No, we stay in a hotel.

Because they're not enough room, or you prefer that.

You know, they I mean, just because we're on vacation doesn't mean they are, so there's still a lot of them working, and you know, so we just we do our own thing mostly during the week and with them on the weekend, sometimes at night get together for dinner, but it's good.

So you know they're all still working.

Well some of them are still working, so yeah.

No, that's nice.

What's the weather projection?

Have you done that?

Um not that cold.

Then here.

Yes.

Oh yeah.

Do you not could you have to watch her follow on the walls or no?

No.

They there was somebody in my office yesterday, a woman who used to work for us stuck down in she was in Florida when it was cold down there.

And she's like they were up.

Oh, the high one day was like 45.

Yeah.

So down there you'd think it was 10 below.

These they're all saying to her husband warmer than it is home.

Yeah.

Zero here.

The reason took his family down there to Disney World.

Yeah.

Yeah.

And you know, when you're that's it's a shame when you're some people are doing a once in a lifetime because it's expensive.

Once in a lifetime trip to Disney, and you get down there and it's 30 degrees.

You gotta put it on a parking lot.

Ride these go see the dumpers canceled, right?

Guys were going, I'm not sure if it was fake or not with the pickup truck.

Yeah, I saw that.

So what do you do with them?

I mean, they're not eight.

They're okay.

But then where do you go put them back in the tree?

I mean, I mean it was like a dump truck.

Yeah, what happened?

They drop out of the tree.

They drop out of trees.

They basically freeze up and they just drop out off the tree.

I wasn't when I don't got it.

Yeah, no, so they just wondered what you do with them.

Just put them back.

Like, oh, this is Larry.

He goes on Smith Street.

This is Susie, and she's you know, I watch.

What for the guy?

Yeah.

Yeah.

Oh my god, I'll have to look up an article.

Yeah.

Oh, there's plenty of guys going around with their big what are they doing?

I don't know.

That's what I think they got a pickup truck full of iguanas, and I just didn't know what they do with them af after they thought or it warms up.

They probably go sell them.

The iguana tacos can be iguana's taco stands over.

That's funny.

I think it'll be really interesting.

Because I I knew that we're losing parking spaces because 81 coming down.

Because all the parking underneath it's going away.

I didn't realize they're also taking attached parcels and stealing parking spaces from there, too.

That's gonna be that's gonna be a good idea.

They're taking this one.

They're taking our lot.

But they're all in the city lot.

Yeah, but I mean, but they're coming all the way over across so our parking lot.

I don't know where you oh, the one over here.

Oh yeah.

So they're taking a piece of that.

Oh so where um Oswego Boulevard crosses James, like kind of where that snowboard.

I mean, it was only a I don't know, 40 foot, and then they took like 36.

I mean, they left like a uh a teeny chip.

It was it's just stupid how they're doing.

Yeah, I mean Kevin said down um the uh spectrum building, their lot, they took a piece of it, but then left uh like a little gore on on the other side of it.

It's crazy how some of that donuts too, right?

What?

Yeah, I just saw that, yeah.

I mean, that was their speculation 15 years ago.

That's why they bought it.

I mean, that's what I heard because they bought it when something happens to 81.

Yep.

So that's something I had not heard yet.

What is the plan for the loss of parking because of the I don't know?

I've not heard anything about that.

I've heard a lot of other things, but not anything about that.

It's already a problem.

Yeah, it's taking a prior to get the Fayette garage back open.

Yes, what I understand, it's not gonna be open.

That's what I heard.

There's the people in there jackhammering parts, so yeah, because they said they hadn't finished the final assessment of its safety.

Yeah.

Engineers were still in there, they said.

Is that Warren Street project with a hotel?

Is that moving forward?

No, it's on hold again.

Yeah, it's on hold again.

They just there was just something in the last week about it.

Um the garage?

No, the hotel going on with garage.

Oh yeah, right here.

The old park.

Mr.

What's his name?

Um Fayette 212 Fayette uh in that building that looks like it should, you know, it's it's a tough building, but I think he was putting up some problems about it.

Oh, I know what you mean.

Yeah, the guy on Fayette.

Yes, yeah.

But he's mad because they're gonna block his because his building was always taller, and now they're gonna build a taller building and block the views out of one side of the building, and he's mad.

Too bad.

Yeah, the guy's a product complaining.

And I heard landmark was a little bit upset because a lot of their show trucks parked on that street in between that garage and the landmark, and that's where they would stage all their trucks.

Oh, on over on Clinton, you mean so they stage them all there, and now they're not gonna be able to stage them there anymore, which is project's done.

And so now they're gonna have to.

Well, they used to remember one of the bigger shows was in there, and then what's his name?

Papinos was flipping out because they were staging right out in front of his couldn't get to the restaurant.

Yeah, yeah.

Did he close it?

Is it Vigilati?

Yes.

I haven't heard anything about Annie Place, and is it still there?

Is it still there?

Is that right now Pippinos still there?

I'm not sure.

I'm not sure.

She said I only went there once, and it was after he won like the pizza national pizza of the year or something.

So my wife and I went down to try it.

It was good.

Yeah, yeah.

Sorry about that.

Yeah, we get uh stuff there off.

He's loops up the street from me, but pretty good friends.

Well there she is.

Sorry, I got lost.

I thought we were about to have the most happening meeting upstairs.

Yeah.

Yeah.

Uh no, they uh usurped our real.

Yeah, they did it.

They're looking at me, I'm like, look at that one.

And then my third one right up there.

Um consideration.

We're going and now we're thinking about getting a few.

This meeting up in transit chamber stores about it.

Because they were supposed to start 1115 with the second.

The first one was 10 30.

Oh, maybe I just missed the first one and they went back to that blue screen.

Oh, I think that's because they had one at 10 30 and absolutely five or six months.

That would be a whole interesting expert.

You know what I mean?

If you know what's gonna happen.

No, I think the way it would be a great county or the county committee decided.

No.

How old is he?

He is gonna be 12.

Oh and Max is gonna be 15, and my at a 20 year old, I'm going to see her on Monday.

Wow.

This happens fast.

How are your kids?

Oh, everybody's good.

Yeah, they're both in school now.

Well graduated, right?

She's got a daughter.

My daughter's in her last class at RISCO.

Oh my goodness.

So she'll be done March 15.

Yeah.

So will the school.

It's cause for celebration for sure.

Yeah.

Uh he's uh I opened up an insurance practice for him.

Oh, you know what?

I thought I saw that.

He's too good.

Yeah.

So I love it.

Busy.

Sports has taken over for sure.

But busy, good, loving it.

Max plays on the hockey team for Bell now, so they've been doing really well.

Um I did hear the CDA team went off the road the other day.

Did you hear that?

Yeah, they went around a bus and the weather.

I did too, frankly.

I mean, that's when there's just been a lot of things.

My son looks at me, he's like, it's fairly supposed to be snowing.

I'm just like, you know what?

Something you just want to wait until after.

I love you with your mouth.

Yeah, but I think that from this is just an empty state.

Yeah, but there's normally a break.

I thought it breaks like Christmas.

Hey, how stage?

But you know, yes, um, a couple weeks ago, yeah.

He's good.

He's so sweet.

Yeah.

Well, I'm thinking about him a whole lot of time.

Yeah, we're gonna have uh next time retirement get together.

I'm like, yeah, I'm not there yet.

Close, close it can't be.

But no cigar.

Yeah.

When did he fully retire?

Two years now?

Oh five stuff, I think.

I think yeah, because Matt's been here six years.

So it was at least a year with at least a year.

I think there's like a gap for me.

Like the COVID year just didn't exist.

And that's how they break up like was it pre-COVID or post-COVID?

I really don't know.

Yeah.

Well, happy anniversary, everybody.

This is 20 years.

I am not kidding.

This it's 20 years, my friend.

Well, what?

Of me and her family.

Yeah.

Yeah, 2006 was the first time.

It was my daughter was only four months, not even four months old.

And I showed up here with Sidney Mary, and we were fighting about.

Do you remember what it was at the time?

You were yeah, I think you two were on the board.

I don't know if you guys were doing what it was pyramid.

We were this was when I first my first case was the mall.

When we were doing it's part of the eminent domain, and when we were talking about the oil fields and what we were gonna do about the solar street area.

Well, they were here earlier.

You just missed them.

Oh, so Mary or Pyramid.

No, pyramids.

No, I thought Mary, that's why I thought Mary was coming in today.

Is she still working?

Stop it.

Oh no, I haven't seen her in a while.

I haven't seen her since Barbara Madden's funeral.

Yeah.

So I don't know.

But she I'm pretty sure she's coming in.

Oh, that's fine.

I'll tell her some more.

Yeah.

But yes, happy 20th anniversary.

Well, congratulations.

And to you all as well.

Yeah.

This time no kids.

There was always a snowstorm.

There was always a child.

It's always a child because my kids would not have school.

And life goes on in the city of Africa.

It's like hockey, never stop.

So now I'm used to them.

Yeah.

And uh so 2006.

Yes, sir.

So what what were we?

Oh one?

I think so.

I think so too.

Yeah.

Because I started at Morgan in 2000.

And I it wasn't that yeah, but I'm sorry.

I think that uh the next year we started.

I think it's 01.

Yeah, I think it I think you're in.

Well, we don't look a day over well, let's just say 30.

Thank you.

You don't have 25.

Thank you.

Day over 25.

There you go.

All right, my loves.

Uh all right.

So there's uh so yeah, we put it on here.

Is that the 2321?

Uh Erie Boulevard East.

Shouldn't uh yes, 23.

Yes, here we go.

Yep, that's gonna be the easy one.

Okay, this is one is in litigation.

Uh I'm sorry, read into the record, swear me in, read to the record.

All right, yep, that sounds good.

State your name for the record.

Rebecca Spino.

You affirm to tell the truth and give accurate information to the best of your ability.

I do.

All right.

Yeah, let's uh let me read this in here.

Uh this is 2321 Erie Boulevard East.

It's uh mini/slash uh self-storage uh facility.

Uh current tenant of assess value three million three hundred and seventy-seven thousand dollars with a land value of three hundred and twenty-one thousand dollars, and that would be a market value of six million three hundred and one thousand nine hundred and twenty-three dollars 6301923.

Uh petitioner believes the fair market value is one million dollars, and that would be a uh equitable assessed value of 520,000 dollars at 52 percent.

Um this did you say this one's in litigation?

Yep, this one's in litigation.

Okay, um, let me just look really good.

Yeah, take your time.

I just realized we started without our attorney hand camp.

Oh, oh okay.

I just looked over, I'm like, oops.

Okay, yes.

We just uh uh read this first one into the record.

Not only for my yeah, yeah.

We just read this uh first one into the record, uh, but that's it.

Um and so for now, I know it's in litigation, but uh just turn it over to you.

Yeah, this is a storage facility on Erie Boulevard.

Uh we're looking into um we've had some discussions with council, we've exchanged discovery.

Um I'm looking into various different things that we're kind of uh side questing on a little bit.

Um the purchase price, whether there's canalions involved.

So there's just some ongoing discovery.

We don't have a scheduling order in that case, but I'm I'm sure we're gonna be talking about that soon.

Okay, yeah, all right.

What she said that sounds good.

All right, we'll take that the city submitted some information.

I like the litigation ones.

Me too, huh?

It was a good week for Matt to get sick.

Oh I hope you heard Matt.

Yeah, it's uh yeah, good timing on his part anyway.

Okay, all right, and then uh and then there's the grouping here.

What we normally do is uh uh have an opening statement, and then I'll read them in and come back.

That's totally fine.

Okay.

Uh so go ahead, I'll turn it over to you for an opening and then I'll read these in.

Okay.

Uh this is uh yet again for probably the 400th year, and this does this is a long-standing litigation that we've had with the city.

There's been very little movement, both I think on uh blaming both sides to a certain extent, and also just trying to see what would happen to this property.

Um this is a 760-unit um apartment complex.

It is very poorly uh in poor condition.

We've had a lot of issues recently.

There was just an article in the paper which Kevin and I found this morning and printed out that we can see some pictures, but what is the situation now then?

Then in other words, are you representing the owners or the receivership?

I think it's in I believe it is in receivership.

We are working with the ownership, the new management company as well.

So in 2025, the owners called in a new management company to handle this.

They kicked out Sinatra, I believe, and now have this company.

But the tenants are just relentless in a lot of respects, and that's been us taking up a lot of their time.

I'm not saying what the tenants are requesting is wrong, but it's just between money, weather, and continent issues.

So I'm not sure there's much we can do right now.

Okay.

So you're representing the current management ownership.

Yeah, we represent ownership, but we are working with they are working with new management, and they have been very forthcoming with us and are willing to try to do something finally.

Where does that lead the receivership though?

I'm not really sure.

That's a good question.

I I know that we can't the assessment really can't do too much.

We're doing it more protectively, and I know the courts can't set values in bankruptcies anymore.

Um this is all litigation.

Uh so uh but I'll follow let me follow up on that.

Okay.

Okay, but again, your position right now is representing the owner and working with the management company.

Okay.

All right.

Okay.

Okay.

All right.

That sounds good.

Um anything else you want to add, or do you want me to read them in?

Go ahead and read them and just add that to the yeah.

I will add this uh article, and uh yeah.

So let me okay.

So first one is one eighty-one Lafayette Road.

Current tenant uh it's residential apartments, current tenative assessed value uh five million three hundred and forty-four thousand dollars with a land value of two hundred and ninety-one thousand two hundred.

Uh that would be a full market value of ten million two hundred and seventy-six thousand nine hundred and twenty-three dollars.

Uh petitioner believes the fair market value is four million dollars, and therefore uh there would be an equitable assessed value of two million eighty thousand dollars.

Yeah, keep these things uh correct.

Oh, yes, and the city is just information information on each property.

Okay, next one should be one hundred sixty-one Lafayette Road, yes.

Uh this is residential apartments, uh current tenative assessed value six million seven hundred and thirteen thousand four hundred dollars uh with a land value of two hundred and fifteen thousand dollars.

That would be a uh market value of uh twelve million nine hundred and ten thousand three hundred and eighty-five dollars.

Okay, uh petitioner believes the fair market value is four million dollars, and that would be an assessed value of two million eighty thousand dollars at fifty-two percent, and the city is submitted uh some information.

Uh next property is one hundred thirty-one Lafayette Road.

Residential apartments, current tenative assessed value six million six hundred and eighty thousand dollars with a land value of two hundred and twenty thousand dollars.

Uh that would be a market value of twelve twelve million eight hundred and forty-six thousand one hundred and fifty-four dollars.

Petitioner believes the fair market value is four million dollars, and that would be an assessed value of two two million eighty thousand dollars at fifty-two percent.

And the city is that's okay.

City has submitted some information as well.

These are all in litigation, by the way.

Uh, then we have one twenty-seven Lafayette Road.

This is land associated with residential apartments, current tentative assessed value two hundred and seventy thousand dollars with a land value of two hundred and seventy thousand dollars.

Uh okay.

That would be a market value of five hundred and nineteen thousand two hundred and thirty-one dollars.

Petitioner believes the fair market value is fifty thousand dollars, and that would be an assessed value of twenty-six thousand based on uh uh fifty-two percent of equalization rate.

It has more that's who's submitted some information.

Uh next one one hundred thirty-one Lafayette Road Rear.

These are residential apartments, one hundred one Lafayette Road Rear.

Current tentative assessed value, six million six hundred and eighty thousand dollars with a land value of two hundred and twenty-seven thousand dollars, and that would be a market value of twelve million eight hundred and forty-six thousand one hundred and fifty-four dollars.

Uh the petitioner believes the fair market value is four million dollars, and that would be an assessed value of two million eighty thousand dollars.

I think I gave you the thirty-one.

Okay, yeah, it should be the fourth option.

That's one hundred-seven.

All right.

Uh behind that.

There we go.

Thank you, thank you.

Is that right?

131 Lafayette Road in the rear, yes.

And that one there.

Same spot.

Okay.

Uh one hundred eighty-one Lafayette Road rear.

Residential apartments, associated rec facility.

Uh current tentative assessed value is six hundred and thirty-seven thousand five hundred and sixty dollars with a land value of five hundred and four thousand eight hundred dollars.

That would be a market value of one million two hundred and twenty-six thousand seventy-seven dollars.

Petitioner believes the market value is $100,000, and that would be a equatable assessed value of $52,000.

$181 Lafayette Road Rear.

And then $301 Lafayette Road Rear.

Vacant land associated with residential apartments.

Current tenative assessed value is $78,000 with a land value of $78,000.

That would be a full market value of $150,000.

Petitioner believes the market value is $10,000.

And at $52%, that would be $5,200 as an equitable assessed value.

And city has submitted information again on files.

Okay.

And do you want to make a closing statement?

No.

No.

I have follow-up to do, and I will get that information out.

Okay.

Okay.

All right.

So we'll get you email, uh, Michelle's email.

If you can get, oh, you have it.

Yeah.

If you could get that by next Friday, is that possible?

Absolutely.

Okay.

Just want to try to, because that's the last day that we're actually going to be having hearings.

And Ann, you submitted information, but is there anything you want to say?

No.

Just to check on that savership.

And what exactly is she checking on?

Well, who?

What?

How?

Yeah, basically.

Where?

Also.

And when.

And okay.

Don't forget when.

I will not forget.

Got it.

Noted.

All right, my friends.

All right.

Thank you very much.

Thank you.

Okay.

Do we lose this that will you just that's $23?

$21.

$2321 right there, yeah.

Um I can't believe there's that many.

Oh, okay.

What are those?

Oh, everybody that didn't show up.

Oh no.

I have to do that.

All right.

Finnegan or whatever it is.

I mean, how about that?

Yeah.

Yes.

And we've got four.

Okay.

All right.

All right.

I'll have everyone in that two.

All right, thank you.

Um, so these we are uh reading in.

Uh these are uh petitioners, the petitioner or petitioner petitioners that didn't show.

Uh and you haven't heard from anybody.

No, I was not there.

Okay.

And uh let me just look here.

That okay, so they are in the order on the sheet.

Um I will read these in uh and you do have individual information, and okay, and you'll have some thoughts there.

Okay.

Uh all right, very good.

Okay, first property here, 325 Spencer Street.

Uh it's vacant land, current tenant of assessed value 113,000 dollars with a land value of $113,000.

Current tenant of assessed value a hundred and thirteen thousand dollars with a land value of a hundred and thirteen thousand dollars.

That would be a market value of two hundred and seventeen thousand dollars, two hundred and seventeen thousand three hundred and eight dollars.

Petitioner believes the fair market value is a hundred and forty-nine thousand uh nine hundred and thirty-four dollars, and that would be an equitable assessed value of seventy-seven thousand nine hundred and sixty-six dollars.

And I believe the city has uh some information.

I do, but I'm since the petitioner and our council has not uh shown for the hearing.

I'm gonna ask that it be dismissed with prejudice.

Dismissed with prejudice.

Okay.

All right.

Next property, three hundred forty-five Spencer Street.

Uh subject is part of a fifty-three thousand six hundred and fifty-five square foot industrial warehouse property.

Current tenant of assessed value, three hundred and fifty-seven thousand dollars with a land value of a hundred and fifty-eight thousand three hundred.

Petitioner believes the fair market value is four hundred and seventy-three thousand dollars, uh four hundred and seventy-three nine hundred and forty-nine dollars with an assessed value of uh two hundred and forty-six thousand four hundred and fifty-three dollars.

Okay, and the city uh I think I would repeat uh for every one.

Yeah.

Okay.

Again, council and or petitioner is not shown.

The city has that be dismissed with with prejudice.

With prejudice.

Okay.

Uh next one, three sixty-five Spencer Street.

Current tenant of assessed value eight hundred and seventy thousand dollars with a land value of three hundred and twenty-two thousand dollars.

That would be a market value of one million six hundred and seventy-three thousand seventy-seven dollars.

Uh petitioner believes the fair market value is one million one hundred and fifty-four thousand three hundred and fifty-seven dollars, and that would be an assessed value of six hundred thousand two hundred and sixty-six dollars.

And the city has some information.

Again, petitioner and or council has not shown the city asked that it be dismissed for purchase.

Okay.

Current tenant of assessed value eight hundred and forty thousand dollars with a land value of three hundred and forty-eight thousand dollars.

Uh that would be a uh market value of one million six hundred and fifteen thousand three hundred and eighty-five dollars.

Petitioner believes the fair market value is seven hundred and twenty-five thousand five hundred and twenty dollars, and that would be an assessed value of three hundred and seventy-seven thousand two hundred and seventy dollars.

Uh and the city has some information.

Since the petitioner and our council hasn't shown the city, will it ask that it dismissed with prejudice?

Okay, thank you for that.

I can't remember if I read the prior one in as far as a description, but three sixty-five Spencer Street subject is part of a fifty-three thousand six hundred and fifty-five square foot industrial warehouse property.

And I may have read that in, but I just wanted to make sure.

Next property, 3023, Erie Boulevard East.

Single tenant restaurant.

Did we miss one?

919 Genesis.

Genesee.

919 Genesee.

Okay.

No problem.

I just took the next one, but that's fine.

And yeah, I wasn't following along.

Okay.

919 East Genesee Street.

Mixed use multifamily property with a ground floor retail composed of roughly 409,000 square feet.

Current tentative assessed value 49,650,000.

I'm sorry, $49 million $650,000 with a land value of $2,330,000.

Okay.

And that would be a market value of $95,480, $769.

Petitioner believes the fair market value is $9,548,07.

And that would be an assessed value of $4,965,000.

What is it?

Yep.

Mixed use multifamily property.

It's that new student housing.

Yep.

On the corner of Krause.

Okay.

Fairly new.

Six years.

Okay, and the city has some information.

It is in litigation, but because petitioner andor council isn't shown, we're asking that the case be uh dismissed with purchase.

Okay.

Next one now is 3023 Erie Boulevard East.

This is a single tenant restaurant facility occupied by Chuck E.

Cheese.

Current tentative assessed value one million three hundred and eighty-five thousand nine hundred dollars with a land value of two hundred and forty-two thousand dollars.

That would be a market value of two million six hundred and sixty-five thousand one hundred and ninety-two dollars.

Petitioner believes the fair market value is two hundred and sixty-six thousand five hundred and twenty dollars.

That would be an assessed value of $138,590.

Okay, and the city has submitted some information.

Again, because the council andor petitioner is not shown for their hearing, the city asks that it be dismissed with prejudice.

Okay, thank you.

Next up, 1011 East Water Street.

The subject is a $76,736 square foot uh industrial warehouse site built in 1950.

Current tentative assessed value $1,800,000 with a land value of $650,000.

That would be a market value of $3,461,538.

Petitioner believes the fair market value is two million one hundred and forty-one thousand nine hundred and twenty dollars, and that would be an assessed value of one million one hundred and thirteen thousand seven hundred and ninety-eight dollars.

Uh council is not shown.

We are asking that this be dismissed with prejudice.

Okay.

Next up, 1702 East Colon Street.

Multifamily Apartment Student Housing Compact Comple with approximately 432 beds.

Current tentative assessed value of $5,130,000 with a land value of $270,000.

That would be a market value of $9,865,385.

With an assessed value of $513,000.

And city has information.

Okay.

$1,800 East Colin Street.

Multifamily Apartment Student Housing Complex with approximately $432 beds.

Current tenant of assessed value $20,500,000 with a land value of $1,141,000.

All right.

And then that would be a market value of $39,423,07.

Petitioner believes the fair market value is three million nine hundred and forty-two thousand three hundred and eight dollars.

And that would be an equitable assessed value of two million fifty thousand dollars.

City has some information.

No petitioner, no counsel.

We request that it be dismissed with practice.

Okay.

1915 Erie Boulevard.

Okay.

Subject is a ninety one hundred and eighty square foot retail family dollar location.

Current tenant of assessed value nine hundred and sixty thousand dollars with a land value of three hundred thousand dollars.

That would be a market value of one million eight hundred and forty-six thousand one hundred and fifty-four dollars.

Petitioner believes the fair market value is one million three hundred and three thousand two dollars, and the assessed value is six hundred and seventy-seven thousand five hundred and sixty-one dollars.

And the city has submitted some information.

Since the petitioner and or council has not shown for the hearing, we are requesting it to be dismissed with the price.

Okay.

Next up, nine town Erie Boulevard East.

Um, sixty line.

Okay.

I'm just taking them in the order of the stack is all uh okay.

Uh nine four five-six three South Salina Street.

Yep.

Okay.

Uh subject is an eight thousand square foot retail family dollar location.

Current tentative assessed value seven hundred and thirty-eight thousand dollars with a land value of one hundred and forty-eight thousand dollars.

That would be a market value of one million four hundred and nineteen thousand two hundred and thirty-one dollars.

Uh petitioner believes the fair market value is eight hundred and eighty-eight thousand one hundred and seventy-one dollars.

That would be uh an assessed value of four hundred and sixty-one thousand eight hundred and forty-nine dollars.

And the city has submitted some information.

Again, no petitioner, no council will request a be dismissed.

Okay.

This is a medical office building.

Current tenant of assessed value, three million four hundred ninety-nine thousand dollars with a land value of seven hundred and sixty-one thousand dollars.

That would be a market value of six million seven hundred twenty-eight thousand eight hundred and forty-six dollars.

Uh petitioner believes the fair market value is six hundred and seventy-two thousand eight hundred and eighty dollars with a land value.

I'm sorry, with an assessed value of three hundred and forty-eight thousand eight hundred and ninety-eight dollars.

And the city has submitted some information.

Once again, no uh petitioner and the council were asking they'd be dismissed with prejudice.

This is a hundred and thirty-six thousand one hundred and fourteen square foot self-storage facility.

Current tentative assessed value eight million eight two hundred and eight eight million two hundred and eighty-four thousand dollars with a land value of one million five hundred and ninety-one thousand dollars.

That would be a market value of fifteen million nine hundred and thirty thousand seven hundred and sixty-nine dollars.

Uh petitioner believes the fair market value is one million five hundred and ninety-three thousand seventy-seven dollars, which would give it an assessed value of eight hundred and twenty-eight thousand four hundred dollars.

And the city has submitted some information.

No council, no uh petition uh sent this to be dismissed with prejudice.

Okay, last property of this badge here, uh eight hundred-08 East Fayette Street.

Uh this uh this subject is a hundred and ninety unit multifamily property.

Current tentative assessed value twenty-nine million three hundred and fifty-five thousand dollars with a land value of two million two hundred and fifty thousand dollars.

The market value would be fifty-six, fifty-six million four hundred and fifty-one thousand nine hundred and twenty-three dollars.

Uh petitioner believes the fair market value is thirty-seven million four hundred and sixty-seven thousand seven hundred and sixty dollars, which would be an equitable assessed value of nineteen million four hundred eighty-three thousand two hundred and thirty-five dollars.

And the city has submitted some information.

Again, uh no council, no petitioner.

We asked that this be dismissed with prejudice.

Okay, and then the last property.

Is these all the same?

Uh I don't think so.

I think it was the same firm guy.

Yeah, I think it was the same firm, different lawyer on this particular typo in the table.

The claimed assessed value is higher than the assessed value.

Okay.

All right, let's see what we got here.

No.

It's a good thing.

So this is six thirteen-seventeen Erie Boulevard West.

Let's see what the numbers are on here.

Self-storage facility.

Current tentative assessed value of four million three hundred and fourteen thousand dollars.

Okay, four million three hundred and fourteen thousand dollars with a land value of five hundred and twenty thousand dollars.

So that would be a market value of eight million two hundred and ninety-six thousand one hundred and fifty-four dollars.

Okay.

So the petitioner believes that the market value should be six million five hundred thousand dollars.

Six million five hundred thousand dollars.

Did I put the assessed value?

Did I write it on there?

I think it carried over from the one before.

Yeah, it's sometimes when it goes down, uh will be the next number.

Yeah.

So if you look, it's what number higher.

That's why I got us higher.

So what should it be?

Nine million four hundred and eighty-three thousand.

No.

Is that why I wrote what did I write the on the paper?

You wrote nineteen million four eighty on the actual paper here.

The nothing, that's what I'm looking for.

Assessed value.

I've got the market value.

Twelve million five hundred thousand.

Just close to that twelve one seventy-seven.

No, that doesn't make sense.

Oh, it doesn't.

Market.

So well, market, they have market value of six million five hundred thousand.

Right.

So the assessed value would be maybe uh three trillion.

Three million three hundred and eighty.

Three eighty.

Okay, so I'm just gonna read those numbers in again.

Uh self-storage facility, six thirteen-seventeen area boulevard west.

Uh total current tentative assessment, four million three hundred and fourteen thousand dollars with a land value of five hundred and twenty thousand dollars.

That would be an uh a market value of eight million two hundred and ninety-six thousand one hundred and fifty-four dollars.

Petitioner believes the fair market value is six million five hundred thousand dollars, and that would be an equitable assessed value of three million three hundred and eighty thousand dollars.

Thank you.

Yes, uh city has submitted some information.

The last one, no petitioner, no counsel, we're asking to be dismissed with prejudice.

Okay.

And that's gonna go there.

All right, so that's that.

Um let me just uh close out the meeting.

Okay, that'll be uh all the properties for today.

Uh and uh uh any other questions or submissions or anything.

Uh okay.

Uh then uh I will go ahead and close out the meeting uh for today, and uh we'll be back in uh live session uh on Tuesday morning uh the 17th, I think.

Yeah.

17th okay, thank you very much.

Yes, you as well.

Thank you.