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Tag: "Vic Opincar"

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Scrutinizing Two City Real Estate Deals

Scrutinizing Two City Real Estate Deals

Editor, The city’s recent purchases and removal of two major pieces of private property from the tax rolls is puzzling. The first $1.4 million purchase for the 479 Ocean Ave.  office building (2,500 square feet) was rationalized to house 15 city employees. This is a whopping $95,000 per employee to luxuriate in four existing suites, not […]