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The college owns 43percentt of the borough's assessed land value and 13percentt of adjoining Princeton Township's, Wilkes said.
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Methods for assessing land degradation were tested.
In his decision last month rejecting the state and county challenges to the commercial owners' lawsuit, state Supreme Court Justice John DiNoto in Mineola pointed out that Nassau applied 1938 construction costs and 1964 land values to determine value when assessing residential property, but applied values derived from a 1986 revaluation when assessing commercial property.
Homes in Nassau are assessed based on 1938 building costs and on land values that date to 1964 and earlier.
The board's action came in response to complaints by property owners who feared that they would be unfairly taxed on land where assessed values in some cases is not much more than the proposed tax.
An integrated management strategy that considers the competing relationships between land values and associated risks in the process of land-use conversion is needed to assess and manage the reutilization of brownfields.
Land values surged.
Land values are falling".
Land costs are based on GTAP data [ 57] for land values of agricultural land around the world.
At the time, local officials assessed the land's value at about $20 million, a fraction of the value Trump assessed.
Districts in California have unequal assessed values.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com