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Golf course owners challenging the city's tax assessment.
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Course owners appeal 2004 tax amount
Thursday, June 08, 2006

It will cost $400,000 for golfers to play the Liberty National Golf Course on the Jersey City waterfront after it opens next Wednesday.

Yet, when it comes to paying property taxes, the owners of golf course and the posh Port Libert? condo development on the Jersey City waterfront - Liberty National Development Co. and Applied Development in Hoboken - aren't missing a putt.

These owners have filed a 2004 tax appeal challenging the city's tax assessment of $26.6 million, which required them to fork over $1.2 million in taxes, said Michelle Hennessy, a tax assessor for the city

The matter hasn't reached state tax court yet, she said. And the owners haven't even said what they believe the correct assessment is. But talks are taking place with the club and condo owners, she said.

Antimo Del Vecchhio, an attorney representing the owners, didn't return phone calls to comment.

Posted on: 2006/6/9 12:53
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