Tag Archives: Properties

(US) PA University’s Housing Non-Profit Stripped of Tax Exempt Status

In January 2014, the Monroe County (PA) Court of Common Pleas stripped recently awarded HUP status from a not-for-profit student housing corporation affiliated with East Stroudsburg University (“ESU”). As the record in East Stroudsburg Area School District v. Monroe County Board of Assessment Appeals  reflects, ESU formed the not for profit corporation, University Properties, Inc. (“UPI”), … Continue Reading

(US) Land Banks: Too Good to Fail

This post was also written by Gerald S. Dickinson. Pennsylvania municipalities and potential developers interested in converting vacant, abandoned, tax delinquent or foreclosed properties into productive use should take note of legislation enacted in 2012 that permits a municipality with more than 10,000 residents to create a land bank.1 Land banks are governmental entities that … Continue Reading

(UK) What a Relief – from Empty Rates Liability

This post was written by Jo Carter and Siobhan Hayes. The controversy over the unfair and anachronistic business rates system is constantly in the main stream press at the moment and today saw the BBC report on the expected announcement of a freeze to rates rises to be announced by the Chancellor in the Autumn … Continue Reading
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