Tax Issues

Owners of self-storage and other commercial real estate in California could face significantly higher property taxes in years ahead due to a proposed change to Proposition 13, which will appear on the November 2020 election ballot. Under Prop. 13...

Update 10/8/18 – BlackMountain and New Rochelle Birch Development have been granted an estimated $2.5 million in tax relief for the self-storage project slated for 2 Birch St. The developer intends to demolish the former Rotanelli plant and...

Update 6/12/18 – SOA has opened its new regional headquarters in Anderson as well as another newly built property in the city. The company held grand-opening celebrations for both facilities earlier this month, according to a press release...

Update 4/13/18 – A Saratoga County IDA public hearing scheduled for Monday was canceled after Prime notified the IDA it was temporarily withdrawing its application seeking more than $460,0000 in tax breaks on its self-storage project on...