Weekly Link Round Up


The weekly link roundup is a collection of links related to Newburgh, revitalization, urban planning and anything else that might inspire change or create dialogue. Photo by NR Flickr user Brian Wolfe.

Why I’m Moving Home [NYT]
Waterfront residences eyed for Newburgh [THR]
A new vision for Newburgh’s ‘other waterfront’ [THR]
A new kind of artist housing is changing neighborhoods [MC]
In 1884, Newburgh was 2nd municipality in state to get electricity [PJ]
Newburgh’s updated Local Waterfront Revitalization Plan pursuing some big ideas [THR]

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One Comment

  • ‘Artist Housing’…something doesn’t jibe. First off, it’s not an 50/50 split on ownership as the “artist” holds a 49% minority share http://www.bigcar.org/project/aplr/. That small difference is a big deal. Aside, I was left wondering how this form of ‘shared ownership’ reconciles increasing property taxes. Does the local municipality also ‘lock-in’ the property’s assessment value? If so, how is this considered equitable from the larger community’s perspective relative to increasing costs of shared municipal services? If not, does not the buyer relinquish the traditional mechanism to recoup paid for property taxes (annual deduction aside) if they sell out at their original buy-in cost rather than at a profit (or even a tax deductible loss)? Further, is the sell price, in the least, adjusted to some index (cpi, as example)? fwiw,I e-mailed Big Car…no reply.
    How does this home ownership scheme compare to building new houses with volunteered labor and discounted materials only to mortgage them at ‘market’ price with interest?
    ‘The easiest way to obtain money from someone who hasn’t any is to loan it to them.’