City looking at hiking taxes on vacant properties
Reprinted from ctpost.com
BRIDGEPORT — Anyone familiar with the abandoned manufacturing plants and vacant lots scarring Connecticut’s largest city has shared the same thought: Just get rid of the blight and build something already!
City officials are considering taxing at least some of those underused properties at a higher rate to compel owners to stop “land-hoarding” and either get more aggressive about redevelopment, or sell to someone who is.
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