Elm Street Property Owner Sues Town Over Assessment

The owner of an 8,700-square-foot commercial building on Elm Street last week filed a claim in state Superior Court appealing the town’s decision to preserve its assessment of the property from last fall. 

In its October revaluation, the town assessed the two-story structure at 111 Elm St. at $3,063,480, a figure that is “grossly excessive, disproportionate and unlawful,” according to a lawsuit filed April 18 by attorneys Gary Klein and Liam Burke of Stamford-based Carmody Torrance Sandak & Hennessey LLP. 

The property owner, a Southport-based limited liability company whose principal lives in Palm Beach, Fla., sought relief from the New Canaan Board of Assessment Appeals but that appointed body made no changes, “thereby denying the relief the Applicant requested,” according to the complaint. “The applicant is aggrieved by the decision,” it said. The property owners is seeking a reduction and to be reimbursed for any tax overpayment with interest, according to the suit. 

Town officials said during the budget season that wrapped up this month that the real estate portion of New Canaan’s Grand List—a tally of all taxable property in the town—is expected to decline by about $37.6 million following post-revaluation assessment appeals. Given New Canaan’s anticipated mill rate of 18.259, that makes for a reduction of about $672,000 in town revenue, officials said.

Business Sues Over Assessment of Motor Vehicles

The town on Thursday received a civil summons filed on behalf of a local business that’s objecting to the town’s valuation of 52 vehicles in its fleet. New Canaan last year assessed the Hoyt Livery vehicles—mostly newer-model Chevys, Fords, Lincolns and Chryslers, ranging from about $4,000 to $31,000—in a way that was “grossly excessive, disproportionate and unlawful,” according to the lawsuit, filed by Danbury-based attorney Candace Fay. 

Representatives for Hoyt Livery on Sept. 5 appeared before the Board of Assessment Appeals to make its case, yet that volunteer body “made inconclusive and unsubstantiated changes in the valuations” and notified the plaintiff about them on Sept. 11, the lawsuit said. The legal filing seeks to appeal the Board’s ruling and reduce the assessment, with a reimbursement for overpayment of taxes “with interest and costs.”

New Canaan will undergo a revaluation of real property in town on Oct.