For one landowner on North Mountain Road with 25 acres, under the old law the owner could subdivide into five acre lots. That's five lots. Empty house lots in Gardiner range all over, but 150K per lot is a reasonable average. Five lots at 150K is 750K. The new law leaves probably just one buildable lot. Even if that one lot goes for 200K that still yields a 550K loss. Even if the market has now tanked by 30%, it's still a $385K loss due to the zoning law.

That's one example. Different properties are affected in different ways and to varying degrees.

Kent,
If said 25 acre property were subdividable at such a profit, why wasn't it done before the law changed? If the landowner didn't subdivide it, that would indicate, on the face of it, that either it wasn't profitable to do so, or that the landowner preferred to own that land anyway and was indifferent to any value, or loss of value, that might be ascribed to subdividing that land or not.

Also, if you're talking creating a subdivided lot on a sloping talus field, that sounds like a construction minefield to my uneducated mind. Wouldn't such a lot have far less value than average given the difficulty of building on that terrain?

It lives on!

Every landowner is different as is every lot. This landowner's plan was to keep the land and sell it when he needed it for his retirement.


The particular lot I am referring to has no talus on it and it doesn't slope very much either. It's very buildable.

What a ridiculous argument. If I'd rather save my money than spend it, should someone else be able to make the argument that "he's not using it, so he clearly doesn't want it?"

GO

Christ...I guess I have to be blunt and just say it. Die thread....DIE!!!!

If you're that aggravated by the thread, why do you keep posting to it? No one is forcing you to read or reply here. I really don't see the point of these seagull posts. (Meaning, fly in, leave a pile of crap, and fly away.)

shoot, i missed all the fun...eddie, did you shoot anybody?

Rosendale has caves?

hello again. good news, the climbers respected my wishes from what i could tell. thank you.

but as an update the climbing route i was talking about did in fact fall to the earth. as i noted above it was a really shitty place for an anchor. i am not sure when the rock broke off, as i do not go in there often, but it has fallen.

i am glad no one was injured. but for those who think i am crazy. and those that know i am crazy . please note i was right in it being a very dangerous place to put an anchor.

photo.net photos here. (click teh images to make em bigger)


eddie