Hobe Sound resident files to join county lawsuit challenging All Aboard Florida

 

Hobe Sound railroad station, circa 1920. (Source: Richard Nickson)

From The Palm Beach Post: In the motion filed Friday, Walter J. Postula argues that the express-passenger rail project could cause the value of his Hobe Sound home to plummet.

Postula points to a study released by the Martin County Property Appraiser’s Office last week, which found All Aboard Florida caused the value of smaller homes along the Florida East Coast Railway tracks to fall by as much as 29 percent. 

For the complete entry: http://realtime.blog.palmbeachpost.com/2015/06/08/all-aboard-florida-martin-resident-files-to-intervene-in-suit-challenging-tax-exempt-bonds/

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