ULI-sponsored subject of attention ...

ULI-sponsored subject of attention examines the effect of sagging commercial real estate forward cities' tax bases

The decline in commercial real estate values is having repercussions beyond high vacancy rates. City conducts are experiencing a significant erosion in the real peculiarity tax base after enjoying years of development according to a recent meditation sponsored by the Urban Land Institute. As a originate they are now facing the scenerys of raising taxes, slashing packets or locating new sources of receiptss

The cogitation entitled "The Impact of Declining exclusive right Values on Local