The Landing was a development on the land of a former convent. It was approved in 1986 after strenuous objections by local residents. The land had been a convent, but was mostly pristine natural land on the banks of the Hudson River.
In order to build, The Landing required rezoning. It's original zoning was for educational use. The deal that was struck -- which had also been struck with two other developments of attached homes in Dobbs Ferry -- was that they would be zoned and taxed as single family homes.
In 2018, The Landing's HOA began an effort to have their homes re-classified as condominiums. This would put them in a different tax category and have the effect of slashing their property taxes about in half. They were not approved, but they continue to litigate.
If they win, millions of dollars will suddenly be owed by the Village and School district for tax refunds dating to 2018. Because that money appears in no budget, it will either cause massive cuts in the Village and School budgets -- fewer police resources, less support for our fire companies and ambulances, an end to school athletics and all but the most basic required courses, mass layoffs of teachers.
Or, the Village and School will produce budgets that add to the tax bills of every other homeowner, to the tune of hundreds or thousands of dollars. But the school budget, should it exceed the 2% cap, will require a super-majority vote, which will fail (as it should) and cause nightmare austerity budgets.
Either way, home values will fall because tax rates will rise. And who wants to move to a Village at war with itself?
The Landing is screwing over everyone else in the Village. They must not be allowed to succeed.
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