Rockland sees drop in liens

By Stephen Betts | Sep 13, 2019
Source: File photo

Rockland — The number of liens filed by the city this week is down sharply from last year.

There were 148 liens filed by Rockland against property owners delinquent on the taxes levied in 2018. This is down from 169 filed last year.

There were 146 liens filed in 2017, 167 filed in 2016, and 176 in 2015.

The total amount of taxes owed on the liens filed this year is $515,970, including interest and lien fees.

If the liens are not paid off within 18 months -- by March 2021, the properties automatically become city-owned under state law. Generally, the city only acquires a handful of properties each year when liens expire and the automatic foreclosures occur, because all but a few of the bills are paid within the 18 months.

The property owner with the largest liens is Yachting Solutions, which owes slightly more than $46,000.

Orchid LLC, the owner of the Lincoln Street Center, has a lien of $24,522. The corporation also has an outstanding lien from 2018 for unpaid taxes levied in 2017.

Comments (4)
Posted by: Stephen K Carroll | Sep 14, 2019 11:15

Talk about negotiating in good faith ?  Yachting solutions, vo-tech center bicknell building sale. Buyer beware



Posted by: Francis Mazzeo, Jr. | Sep 13, 2019 11:26

Yachting Solutions wants to take over the harbor and they can't  keep their taxes paid. Sounds like something the Donald would do.

 

 



Posted by: Ronald Horvath | Sep 13, 2019 06:33

Indeed it is, Sumner.

 

78% of US workers live paycheck to paycheck.

 

48% of older American have no retirement savings.

 

42% of Americans make less than $15/hr.

 

40% of Americans hold a second job.

 

45 million Americans hold $1.65 trillion in student debt.

 

 

"U.S. manufacturer growth slowed to the lowest level in almost 10 years in August, the latest sign that the trade war may be exacerbating the economic slowdown."

 

Manufacturing had been one of the big winners during the Trump administration, but the tit-for-tat tariffs in the U.S.-China trade war have taken a big bite from the sector. U.S. manufacturing activity slowed to a nearly three-year low in July, based on data from the Institute for Supply Management."
https://www.cnbc.com/2019/08/22/manufacturing-sector-contracts-for-the-first-time-in-nearly-a-decade-according-to-ihs-markit.html?fbclid=IwAR2ZTXUIxW2Ql3r7l9HxkBc7LsTEh6eI1ko_7wKuw0EyeLIPhsNxbBfFSK8

 

 

"Morgan Stanley has predicted that recession is imminent, largely because of said tariffs.

In a research note sent to investors Sunday evening, economists from the investment bank wrote that if President Trump goes through with his most recent promise to raise tariffs on Chinese goods to 25 percent for more than four months and China responds, "we believe that the global economy will be in recession in the next 6-9 months."

https://www.newsweek.com/donald-trump-trade-war-china-recession-1456179?fbclid=IwAR0Gg5gGM8K1dOSzRj67wjA1tW46MB71UENa7Tuy9M46uOXcv4Cts12X2X4



Posted by: Sumner Kinney | Sep 13, 2019 06:12

Thank you Mr President.   It is the Trump economy!



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