Cuyahoga County Land Bank - Land Banking at a profit for those well connected -

Submitted by Gone Fishin on Sat, 03/16/2013 - 19:23.

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 Why is the Cuyahoga County Land Bank able to make the decision on who gets what property in Cuyahoga County?
 
Why can't HUD sell the property on their own -and  recoup some of the loss - instead of giving property to the land bank so the land bank can GIVE AWAY the property to a select few?
 
 
 

21551 Morris Avenue, Euclid, OH 44123

 
 
 

 

According to county fiscal office records, on December 8, 2011, the Cuyahoga County Land Bank sold the above property to Thomas Gettings for $10.00. 

 

On June 7, 2012, Thomas Gettings entered into a land contract with Plum Four Investments, LLC, for this property for a sale price of $95,000.

A
 

484 East 253rd Street, Euclid, OH 44132 :

  

 

 According to county fiscal office records, on July 11, 2012, the Cuyahoga County Land Bank sold the above property to Thomas Gettings for A$10.00.

On December 3, 2012, Thomas Gettings sold this property for $54,900.
 
 

26900 Farringdon Avenue, Euclid, OH 44132: 

 

 

According to county fiscal records, the Cuyahoga County Land Bank sold the above property to Thomas Gettings for $10.00

 

 

715 East 260th Street, Euclid, OH 44132:

 

 

According to county fiscal office records, the Cuyahoga County Land Bank sold the above property to Thomas Gettings for $10.00.

 

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26571 Zeman Avenue, Euclid, OH 44132:  

 

 

According to county fiscal office records, the Cuyahoga County Land Bank sold the above property to Eugene Gettings for $10.00.

 

21101 Priday Avenue, Euclid, OH 44123: 

 
 

According to county fiscal office records, the Cuyahoga County Land Bank sold the above property to Thomas Gettings for $10.00.

 

730 East 266th Street, Euclid, OH 44132:  

 

 

According to county fiscal office records, the Cuyahoga County Land Bank sold the above property to Thomas Gettings for $10.00

 

21450 Morris Avenue, Euclid, OH 44123: 

 

 

 According to county fiscal office records, the Cuyahoga County Land Bank sold the above property to Thomas Gettings for $10.00

 

( categories: )

Landbanking in Cuyahoga County,,,,,

FREE houses to those connected!!

 

 

1170 East 61st Street  Cleveland, OH 44103

 
 
 

Land Bank GIFT to Marvin Stover

 

According to public records, on February 19, 1998, Gus Frangos sold the property located at 1114 East 64th Street for $3,750 to MARVIN STOVER.

Frangos gave Stover a good deal considering Frangos purchased this property for $30,000

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Also on February 19, 1998, Gus Frangos sold MARVIN STOVER property located at 6330 Carl Avenue for $4,000.

Gus Frangos paid $35,000 for this property prior to selling it to Stover for $4,000:

 

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Gus Frangos was also kind enough to incorporate 13 West Buckeye Street Properties, LLC and named MARVIN STOVER as the agent:

 

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Gus Frangos also incorporated South Market LLC and named MARVIN STOVER as agent:

 

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On March 28, 2012, the Cuyahoga County Land Bank was kind enough to sell the property located at 1170 East 61st Street to MARVIN STOVER for $10.00

 

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East 61st Street is the same street that Gus Frangos, PRESIDENT of the Cuyahoga County Land Bank,  had multiple LLC shell properties.  

 Including this one that will be sold at sheriff auction for delinquent property taxes. http://realneo.us/content/gus-frangos-llc-1158-east-61-llc-sheriff-sale-april-8-2013

 Gus Frangos takes care of his agents for his self-created shell LLCs- which is evident here http://realneo.us/content/gus-frangos-president-cuyahoga-county-land-bank-con-artist-jesus.

It is important to take care of the agents that are assisting Gus Frangos with his numerous scams.  Frangos' biggest scam can be found here http://realneo.us/content/vadxx-energy-build-medical-waste-burning-facility-residential-area-gus-frangos-will-profit-p

One has to question everything that Gus Frangos does- every single move that he makes must be questioned.  He is nothing more than a con artist in charge of all of Cuyahoga County taxpayer's property.

Gus Frangos 'gifts' to Marvin Stover must also be questioned. 

Why would Gus Frangos basically give two properties to Marvin Stover- at a loss?

Why would Gus Frangos- via the Cuyahoga County Land Bank- give Marvin Stover this house?

 

1170 East 61st Street  Cleveland, OH 44103

 
 
 

Land Bank GIFT to Marvin Stover

I believe the answer lies in West Salem, Ohio where 13 West Buckeye Street Properties LLC and South Market LLC are located:

 

13 West Buckeye Street, West Salem, OH 44287

 
 
 

 
 
S Market Property Llc
5496 W Easton Rd
West Salem, Ohio 44287

 

 




 

GREED has no limit

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Daily Legal News : Real Estate : Real Estate Transfers : 104-13-073

 
https://www.dln.com/realestatetransfers/details/id/108053CachedShare
 
 

MARVIN E. STOVER PO BOX 603820. CLEVELAND,. Grantor: CUYAHOGA COUNTY LAND REUTILIZATION; Grantee: STOVER, MARVIN E. Sale Date ...

 

Gus Frangos - The Coyne Report: Commercial Real Estate Trends ...

 
www.thecoynereport.com/search.asp?cpo=Gus+FrangosCachedShare
 

Tools, Address, City, Buyer, Seller, Sale Date, Sale Price, Current Value. Street View · 1114 E 64 ST · CLEVELAND · Stover, Marvin · Gus Frangos. 2/19/1998 ...

 

 

47 East Buckeye Street, West Salem, OH 44287

 
 
 

 
 
 
 

 

 

 

 

 

* My blogs expressing my Freedom of Speech Rights, especially on matters of public concern, are my opinion and not the opinion of my friends, family or employer*

Swingos restaurant owners skated w/394K in unpaid taxes ...

From the Land Bank website:

 Taxes unpaid for YEARS under duo of Rokakis-Frangos - County Treasurer- Deputy Treasurer:

PRIMARY OWNER CUYAHOGA COUNTY LAND REUTILIZATION CORPORATION  
PROPERTY ADDRESS 12900 Lake RD, LAKEWOOD, OH 44107
TAX MAILING ADDRESS CUYAHOGA COUNTY LAND REUTILIZATION CORPORATION, 323 W LAKESIDE AVE, 160, CLEVELAND, OH 44113
LEGAL DESCRIPTION 21 THE CARLYLE 1.105%0002
PROPERTY CLASS RESTAURANT CAFETERIA

2014 (pay in 2015) TAXBILL SUMMARY

PARCEL NUMBER 312-08-949E TAXSET    Lakewood TAX YEAR     
2002 (pay in 2003)
 
2003 (pay in 2004)
 
2004 (pay in 2005)
 
2005 (pay in 2006)
 
2006 (pay in 2007)
 
2007 (pay in 2008)
 
2008 (pay in 2009)
 
2009 (pay in 2010)
 
2010 (pay in 2011)
 
2011 (pay in 2012)
 
2012 (pay in 2013)
 
2013 (pay in 2014)
 
2014 (pay in 2015)
 
2015 (pay in 2016)
 
2016 (pay in 2017)
 
           
ASSESSED VALUES MARKET VALUES   FLAGS  
LAND VALUE 121,980.00     LAND VALUE 348,500.00     OWNER OCCUPANCY CREDIT    N
BUILDING VALUE 90,510.00     BUILDING VALUE 258,600.00     HOMESTEAD    N
TOTAL VALUE 212,490.00     TOTAL VALUE 607,100.00     FORECLOSURE    N
HOMESTEAD VALUE 0         CERT. PEND.    N
        CERT. SOLD    N
HALF YEAR CHARGE AMOUNTS RATES   PAYMENT PLAN  N
GROSS TAX 17,536.80     FULL RATE 165.06    
LESS 920 RED 4,582.61     920 RED. RATE .261314    
SUB TOTAL 12,954.19     EFFECTIVE RATE 121.927552 ESCROW  
NON-BUSINESS CREDIT 0.00         ESCROW    N
OWNER OCCUPANCY CREDIT 0.00         PMT. AMOUNT 0.00
HOMESTEAD RED. AMOUNT 0.00         ACCOUNT  
TOTAL ASSESSMENTS 0.00            
HALF YEAR NET TAXES 12,954.19            
  CHARGES PAYMENTS BALANCE DUE  
TAX BALANCE SUMMARY: 394,247.33 0.00 394,247.33  
2014 (pay in 2015) CHARGE AND PAYMENT DETAIL Tax Information is up to the hour - tell me more.
TAXSET CHARGE TYPE CHARGES PAYMENTS BALANCE
Lakewood Prior year tax - 2012 23,588.60 0.00 23,588.60
  Prior year tax - 2004 11,019.69 0.00 11,019.69
  Prior year tax - 2005 12,359.12 0.00 12,359.12
  Prior year penalty - 2005 1,235.91 0.00 1,235.91
  Prior year interest - 2010 15,124.04 0.00 15,124.04
  Prior year interest - 2006 2,355.82 0.00 2,355.82
  Prior year interest - 2008 4,012.17 0.00 4,012.17
  Prior year interest - 2005 1,330.58 0.00 1,330.58
  Prior year interest - 2009 3,926.87 0.00 3,926.87
  Prior year interest - 2013 28,991.27 0.00 28,991.27
  Prior year interest - 2012 22,737.30 0.00 22,737.30
  Prior year interest - 2011 6,806.18 0.00 6,806.18
  Prior year tax - 2006 4,765.68 0.00 4,765.68
  Prior year tax - 2009 22,660.08 0.00 22,660.08
  Prior year tax - 2007 22,122.06 0.00 22,122.06
  Prior year tax - 2003 1,731.27 0.00 1,731.27
  Prior year penalty - 2009 3,512.30 0.00 3,512.30
  Prior year penalty - 2008 3,474.33 0.00 3,474.33
  Prior year penalty - 2006 476.55 0.00 476.55
  Prior year penalty - 2012 3,656.23 0.00 3,656.23
  Prior year tax - 2008 22,415.02 0.00 22,415.02
  Prior year tax - 2013 25,701.76 0.00 25,701.76
  Prior year tax - 2010 24,482.38 0.00 24,482.38
  Prior year penalty - 2010 3,794.77 0.00 3,794.77
  Prior year penalty - 2011 3,811.36 0.00 3,811.36
  Prior year tax - 2011 24,589.46 0.00 24,589.46
  Prior year August interest - 2014 22,616.74 0.00 22,616.74
  Prior year penalty - 2013 3,983.78 0.00 3,983.78
  Prior year penalty - 2007 3,428.91 0.00 3,428.91
  Prior year penalty - 2004 1,101.97 0.00 1,101.97
  Prior year penalty - 2003 3,199.45 0.00 3,199.45
  December interest - 2014 13,400.45 0.00 13,400.45
  DELQ BALANCE 348,412.10 0.00 348,412.10
  1st half tax 12,954.19 0.00 12,954.19
  1st half penalty 1,295.42 0.00 1,295.42
  1ST HALF BALANCE 14,249.61 0.00 14,249.61
  2nd half tax 12,954.19 0.00 12,954.19
  2nd half penalty 2,720.38 0.00 2,720.38
  2ND HALF BALANCE 15,674.57 0.00 15,674.57
M160250F-DELQ WATER Prior year tax - 2008 4,239.77 0.00 4,239.77
  Prior year interest - 2013 777.90 0.00 777.90
  Prior year interest - 2012 692.57 0.00 692.57
  Prior year interest - 2010 644.54 0.00 644.54
  Prior year interest - 2009 77.73 0.00 77.73
  Prior year Aug SPA fee int - 2014 4.98 0.00 4.98
  Prior year August interest - 2014 567.36 0.00 567.36
  December SPA fee interest - 2014 2.69 0.00 2.69
  Prior year SPA fee penalty - 2008 4.24 0.00 4.24
  Prior year SPA fee interest - 2009 0.78 0.00 0.78
  Prior year SPA fee interest - 2013 6.83 0.00 6.83
  Prior year SPA fee interest - 2011 0.66 0.00 0.66
  Prior year SPA fee interest - 2012 6.08 0.00 6.08
  Prior year SPA fee interest - 2010 1.26 0.00 1.26
  Prior year SPA fee - 2008 42.40 0.00 42.40
  Prior year penalty - 2008 423.98 0.00 423.98
  Prior year interest - 2011 235.50 0.00 235.50
  December interest - 2014 306.37 0.00 306.37
  DELQ BALANCE 8,035.64 0.00 8,035.64
C990007-Cuyahoga County (omitted tax) Prior year interest - 2006 0.08 0.00 0.08
  Prior year interest - 2010 0.56 0.00 0.56
  Prior year interest - 2009 0.22 0.00 0.22
  Prior year interest - 2011 0.20 0.00 0.20
  Prior year tax - 2005 3.92 0.00 3.92
  Prior year interest - 2012 0.66 0.00 0.66
  Prior year August interest - 2014 0.54 0.00 0.54
  December interest - 2014 0.29 0.00 0.29
  Prior year interest - 2013 0.74 0.00 0.74
  Prior year interest - 2008 0.32 0.00 0.32
  DELQ BALANCE 7.53 0.00 7.53
M174387B-DELQ SEWER Prior year penalty - 2009 581.28 0.00 581.28
  Prior year SPA fee - 2009 37.50 0.00 37.50
  Prior year SPA fee interest - 2011 0.58 0.00 0.58
  Prior year SPA fee interest - 2012 5.41 0.00 5.41
  Prior year SPA fee interest - 2013 6.08 0.00 6.08
  Prior year SPA fee penalty - 2009 5.83 0.00 5.83
  December SPA fee interest - 2014 2.39 0.00 2.39
  Prior year August interest - 2014 507.81 0.00 507.81
  Prior year Aug SPA fee int - 2014 4.44 0.00 4.44
  Prior year interest - 2013 696.25 0.00 696.25
  Prior year interest - 2012 619.88 0.00 619.88
  Prior year interest - 2010 481.25 0.00 481.25
  Prior year interest - 2011 218.75 0.00 218.75
  Prior year tax - 2009 3,750.20 0.00 3,750.20
  December interest - 2014 274.22 0.00 274.22
  DELQ BALANCE 7,191.87 0.00 7,191.87
M384452A-PAVING Prior year penalty - 2003 10.88 0.00 10.88
  December interest - 2014 25.79 0.00 25.79
  Prior year penalty - 2004 3.51 0.00 3.51
  Prior year penalty - 2007 10.88 0.00 10.88
  Prior year SPA fee - 2003 0.70 0.00 0.70
  Prior year SPA fee - 2008 1.40 0.00 1.40
  Prior year SPA fee - 2007 0.70 0.00 0.70
  Prior year SPA fee - 2004 0.35 0.00 0.35
  Prior year SPA fee interest - 2010 0.10 0.00 0.10
  Prior year SPA fee interest - 2008 0.12 0.00 0.12
  Prior year SPA fee interest - 2006 0.06 0.00 0.06
  Prior year SPA fee interest - 2009 0.10 0.00 0.10
  Prior year SPA fee interest - 2005 0.04 0.00 0.04
  Prior year SPA fee interest - 2004 0.01 0.00 0.01
  Prior year SPA fee interest - 2012 0.48 0.00 0.48
  Prior year SPA fee interest - 2013 0.54 0.00 0.54
  Prior year SPA fee interest - 2011 0.04 0.00 0.04
  Prior year SPA fee penalty - 2003 0.12 0.00 0.12
  Prior year SPA fee penalty - 2007 0.12 0.00 0.12
  Prior year SPA fee penalty - 2004 0.04 0.00 0.04
  Prior year SPA fee penalty - 2008 0.22 0.00 0.22
  December SPA fee interest - 2014 0.20 0.00 0.20
  Prior year August interest - 2014 47.74 0.00 47.74
  Prior year Aug SPA fee int - 2014 0.41 0.00 0.41
  Prior year interest - 2004 1.09 0.00 1.09
  Prior year interest - 2008 13.01 0.00 13.01
  Prior year interest - 2006 7.63 0.00 7.63
  Prior year interest - 2009 14.20 0.00 14.20
  Prior year interest - 2005 4.81 0.00 4.81
  Prior year interest - 2010 51.02 0.00 51.02
  Prior year interest - 2012 58.28 0.00 58.28
  Prior year interest - 2013 65.46 0.00 65.46
  Prior year interest - 2011 18.30 0.00 18.30
  Prior year tax - 2004 35.10 0.00 35.10
  Prior year tax - 2003 70.20 0.00 70.20
  Prior year tax - 2008 140.40 0.00 140.40
  Prior year tax - 2007 70.20 0.00 70.20
  Prior year penalty - 2008 21.76 0.00 21.76
  DELQ BALANCE 676.01 0.00 676.01
TOTAL BALANCE   394,247.33 0.00 394,247.33

 

 

 

Swingos Property Sees New Life

 

 

 

Abandoned nearly eight years, the former Swingos on the Lake – the popular restaurant with unbeatable lake and downtown views – will soon be home to a new lakefront eatery thanks to the vision of local restaurateur Tony George.

Located on the ground floor of the Carlyle on the Lake condominium complex, the building has been vacant since the iconic restaurant closed its doors in 2009.  When the property fell into forfeiture after no bids were offered in foreclosure, the Cuyahoga Land Bank stepped in.  “With more than $300,000 owed in back taxes and significant condo association fees in arrears, the prospects for redevelopment were waning,” says Gus Frangos, the Cuyahoga Land Bank’s President and General Counsel.  “It’s a wonderful space that had been sitting vacant for a very long time.  We needed to find a way to ensure the property was returned to productive use and out of the hands of a speculator who could sit on the property, keeping it off the tax roll for years to come.”

After taking control of the property in late 2016, the Cuyahoga Land Bank began to put out feelers to local developers. After much discussion, George, who recently took over operations of Crop in Ohio City and also owns the Harry Buffalo chain and Barley House among other eateries, agreed to acquire and redevelop the property. Part of the agreement included a specification that George immediately begin paying the Carlyle Condominium Association Fees, which run several thousands of dollars per month, and real estate taxes once the sale is finalized.

The developer is currently working with his architect to assess the space and plan for the new restaurant and is confident he can return the property to its former glory. “We are investing more than $1.5 million in demolition and renovation, furniture, fixtures and equipment” says George.  “We’re in the demolition phase, and if everything goes as planned, we will be open by December.”

Although the concept is being honed, George is focused on ensuring it fits with the demographic of the area.  “We want to make sure we have the right concept that works for the building and its residents, for the city and for us.”

“The Cuyahoga Land Bank is a great mechanism for situations like this where a property sits vacant for years accumulating significant delinquent taxes,” says George.  “I can honestly say that if the Cuyahoga Land Bank didn’t get involved, we (nor anyone else) would NOT have touched this property.

Are condominium trustees responsible 4 un-paid condo unit taxes?

 Who is benefiting from the waiving of back taxes?  

This Cuyahoga County Land Bank selection of new end users is not a public process and that is a invitation to corruption - not that the "public processes" in Cuyahoga County aren't also corrupt - most are.

Is the Cuyahoga County Land Bank magic wand removing $300k in back taxes actually benefiting the Condo trust?   Who are the condo owners?   What is the quid pro quo?  

Carlyle in Lakewood involves EC George Michael Riley

I am not sure - I do know that the Carlyle has been a hot financial mess for years and besides the obvious benefit to Frangos buddies in the Swingos family (it's a family thing) - Land Bank's favorite contractor, George Michael Riley, is also involved.  Thanks to Jerry Strothers for the coverage at http://44112news.com/?p=11371

EAST CLEVELAND ROACH TRAVELS AND INFESTS –

THE CARLYLE CONDOS OF LAKEWOOD

"As for all of the people at the Carlyle facility from top to bottom floors who have contacted us, we feel sorry for you all and know management will be having a meeting about their pest infestation.  Perhaps someone will go to the management office and demand some justice or maybe a rebate on their monies paid to be in a building with no roaches or other infestation like con-artists looking to make a steal from their money.  This guy is not from the M.A.F.I.A.  but there are a few real mobsters and federal agents seeking to find out where this man lays his head down at.  For their beneifit here is the place to be THE Carlye on the Lake, 12900 Lake Ave, Lakewood, OH 44107."