Reply to Will DC eve go back to being somewhat tough on crime?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Tax base? Nice racist dog whistle.[/quote]

Is Starbucks racist?  Are the multiple other businesses that have shuttered in DC racist?  The small businesses who can’t and won’t operate because folks avoid DC as it looks like a dump and feels unsafe?.

Businesses are a huge tax base.  Take your racist comment and look deep into the mirror.

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Lots of businesses are also opening. People aren't going downtown as much.[b] I hope they turn those office buildings into apts or condos. [/b][/quote]

The problem with doing this is that offices pay more than 2x the property tax rate of condos. It's going to blow a big hole in the DC budget if lots of offices start flipping to condos. Residential RE is 85 cents per $100 assessed value, whereas a Class A office bldg is paying $1.89 per $100 of assessed value.

I think the Mayor and Council have not been too keen on changing the zoning for current offices. The tax issues are probably why. Once a bldg goes condo, there is no going back to office space.[/quote]

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