wtf? How can land values drop by 20% in CBD since 1996?

cincyopolis

wtf? is a series of posts dedicated to holding a spotlight on the mysterious and un-explainable decisions of the Hamilton County Board of Revision.  But attentive readers might well ask themselves, “Is that woman just focusing attention on the titillating examples?”  How do we determine the difference between a few rotten apples and a chronic problem that needs to be fixed ASAP?
Let’s take a walk down east 4th St. and study the official numbers from the Hamilton County Auditor’s site.    We included everything except 18 E. Fourth which has been converted to condos and is abated and the new Renaissance Hotel a little further up the street, also abated.  For both of these we need more information from the Auditor as they involve multiple owners in a single building (Bartlett Buildings was office condos before it became a hotel)
Notice my use of the term “we”.  This is…

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