Our Newest Venture--Pearce Consulting Services

Pearce Commercial has expanded!  We've decided that there is a hole in the market, for a service lacking in today's complicated real estate world.  Much of the property being unused or underutilized in the commercial arena in our region belongs to corporations or municipalities, that aren't disposing of the property because of something that needs to be done, either in terms of zoning, rehabbing, or environmental cleanup.  Pearce has put together a group of experts that can guide that process from appraisal and evaluation through rezoning, marketing, and closing, and much, if not all, of the funds needed can come out of the proceeds at the closing.  In addition, many of these sites can then go back onto the tax rolls, and can employ workers and add to the grand list.  Some of our team are Pearce agents, allowing owners to pay for services through the commissions generated.

We have assembled construction, brownfield, wastewater, appraisal, financing, permitting, and marketing experts, who can provide one-stop shopping for all of those specialties, with one call to us.  Also, we can tailor the team each time, to offer the services needed to reclaim the property.  We know that it must be a good idea, because, after we formed our group, we noticed that another such firm was assembled in another part of Connecticut.  It's clearly an idea whose time has come, especially in an era when firms and cities and towns lack the resources to keep specialized experts on staff. Call us for details!

New Assessments in New Haven

The new assessments have been mailed to New Haven taxpayers, and there has been a lot of talk about what that will mean for residential taxpayers.  What hasn't been touted as much is that the reassessment helps commercial taxpayers.  First of all, most of their building values have not gone up over the past ten years.  Secondly, commercial enterprises are taxed also on personal property.  Therefore, when real estate assessments go up, personal property taxes go down, making the commercial sector's share of overall city taxes go down.

Sometimes commercial taxpayers do get some breaks!