GoggleWorks Apartments Tax-Exempt, Judge Rules

Map of Pennsylvania highlighting Berks County

Map of Pennsylvania highlighting Berks County (Photo credit: Wikipedia)

A Berks County judge has ruled that the GoggleWorks Apartments are completely tax-exempt, a decision that will save the five-story complex at Second and Washington streets $29,500 a year.

The order, handed down this week by Judge Scott E. Lash overturned the Berks County Board of Assessment Appeals, which decided in December that 80 percent of the building is taxable since 80 percent of the 59 apartments are being offered at market rate.

Built by the nonprofit Our City Reading, the complex is owned and managed by the Reading Housing Authority.

In a 26-page opinion, Lash said the market-rate apartments are tax-exempt because they fall within the scope and purpose of the housing authority’s operation, in this case to develop and revitalize a local community.

Read more: http://readingeagle.com/article.aspx?id=514800