Politics & Government
Investors Bid for Property Tax Sales
Property tax liens, gay marriage in New York and the Piazza were hot topics in Glen Cove this week.
The annual property tax liens was held at City Hall on June 17.
During the sale, residents placed bids on tax that Glen Cove property owners can not afford to pay. The highest bidder would then be owed that amount by the property owner, plus as much as 10 percent for each six- month period. That is a 20 percent annual return on your money - fully secured by the property.
Generally, the range is between four percent and ten percent for each six-month period.
Find out what's happening in Glen Covewith free, real-time updates from Patch.
Liens with no bidders were taken on by the city.
City Controller Sal Lombardi said that while some residents expect a property sale, in most cases, it isn't the case. Homeowners who default on debt must then go through an extensive process; and in some cases, the new lien owners have the opportunity to own the property for the amount of back taxes.
Find out what's happening in Glen Covewith free, real-time updates from Patch.
Resident Rick Smith said that this year's auctions attracted a lower than usual turnout.
Gay Marriage Passes
New York became the sixth state to Friday night in a historic vote which some say could have national implications. The moment was deeply moving for at least one Glen Cove resident.
"It's about time. There's no excuse for discrimination, especially in legal contracts like marriage," said openly gay resident Marc Rosen. "It's a very exciting day."
New York's marriage equality bill, which grants the same legal rights to same-sex couples as heterosexuals, will take affect 30 days after it is signed into law. New York joins Iowa, New Hampshire, Connecticut, Massachusetts, Vermont and the District of Columbia, in legalizing gay marriage. By far the biggest state to enact such a law, with New York joining the list, the number of legally married openly gay couples in the U.S. could increase dramatically in the coming month.
Planning Board Defers Piazza Decision
Concerned residents and business figures filled the main chambers of Glen Cove's Tuesday night for a public hearing on , a $60 million investment into the downtown of Glen Cove designed to revitalize the stagnant Village Square project site and synergize a vibrant downtown.
After an extensive public hearing, Planning Board chairman Thomas Scott called on the Board to defer the application.
"We'll call a vote, if not at the next meeting, the one after," Scott said.
