Real Estate is always in play- even in depressed markets and locales. 
Part of the "game".

Asbury has seen numerous attempts at redevelopment going back and back. 
You name it, it was proposed. 

Whether or not the development along the O-front will wind up being 
good or bad - only time will tell. We know it will contribute zippo to 
the schools as Frank stated. So if that is good for you when your house 
gets revalued (or apartment - because landlords have to include THEIR 
tax as part of YOUR rent)and your taxes get bumped up - to some value 
relative to the rest of M. County you may think again about the 
abatement deal to build on the Ofront.

I don't recall seeing any abatement deals dished out in Miami Beach - 
and zillions are pouring in. Instead - read this article on how to SAVE 
older structures....
http://www.macon.com/mld/miamiherald/news/front/11388632.htm




 
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