Trouble For Treasures And Tales
Word is getting around that Treasures and Tales, Croton’s go-to place for unique gifts and host to countless community events, is in danger of losing its iconic building on Grand Street. The building has sold and owner Liz Jacobson has been ordered to vacate by February 29th.
Treasures and Tales has transformed the retail landscape of Croton’s upper village and residents will suffer a loss of a great community resource. We here at WatchCroton can think of a perfect alternative site for T&T, if only the owners of a large vacant space at the corner of Old Post and Grand hadn’t decided to RAISE the rent by a few thousand dollars recently.
Perhaps its time to consider implementing vacancy taxes on property owners that allow their properties to lie fallow. Several areas of the Harmon business district are guilty of this as well.
Since the buildings allowed to lie fallow in Croton are not contributing revenue in the form of commercial property taxes as well as sales taxes it only makes sense to “incentivize” those owners to bring those properties up their full, income producing potential.