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SBD/December 19, 2013/Facilities
Detroit, Ilitch Family Near Debt Settlement To Pave Way For New Downtown Arena
Published December 19, 2013
TAX SAVINGS: In Detroit, Christine Macdonald reports the Ilitch family of companies "saved nearly" $1.8M off yearly tax bills "by appealing city assessments" over the last three years. The Illitch companies "won appeals on assessments on 42 properties." Most were downtown parking lots, but others "included two parcels in the Motor City Casino complex and the vacant United Artists building" (DETROIT NEWS, 12/19).