Friday, January 12, 2007

NY: Municipalities grapple with condo assessments “Condo properties as a whole are being built in order to circumvent the tax situation,” Masterson said during a meeting last month. “When they are built, they pay one-third of the assessment. My concern is of taxpayers subsidizing additional residential properties.” 9:21:23 AM

MA: Defense claims fan unit not to blame in 2001 condo fire About five years ago, a five-alarm fire roared through the top floors of the Cape Crossroads Condominium. Neighbors grabbed babies and ran barefoot out of the burning building on Route 132 at Bearse's Way in late November 2001 9:07:18 AM

MS: State Farm Must Pay Couple $2.7 Million for Katrina State Farm Mutual Automobile Insurance Co. must pay a Mississippi couple $2.7 million for the loss of their property, a judge and jury ruled in a test case over how much Hurricane Katrina damage is covered by insurance. 8:56:00 AM

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