Philly Vows to Fight Commercial Property Owners over $48 Million Reassessment Ruling
Philadelphia officials are pushing back against a Thursday Common Pleas Court ruling that would require the city and the School District to pay $48 million to major commercial property owners.
“There are other times assessments have been challenged, just not on a constitutional claim of this magnitude,” said Peter Kelsen, a lawyer with Blank Rome who represented hundreds of property owners in the suit, including the owners of prominent addresses such as Centre Square and the Bellevue Hotel.
“It's an important decision for all taxpayers in Philadelphia because it's really informing the city that when you do reassessment they are intended to provide transparency and fairness,” said Kelsen.
“I hope the city, from this order, recognizes that assessments should be done across the board,” Kelsen added.
"Philly Vows to Fight Commercial Property Owners over $48 Million Reassessment Ruling," by Jake Blumgart was published in PlanPhilly on July 19, 2019.