Petition 2025 - Franklin North Grand Rapids.pdf
Franklin North Monroe, LLC, Petitioner Vs. City Of Grand Rapids, Respondent · 25-001631-TT
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Page 1
25-0071
STATE OF MICHIGAN
DEPARTMENT OF LICENSING & REGULATORY AFFAIRS
MICHIGAN TAX TRIBUNAL
Franklin North Monroe, LLC,
Petitioner,
v.
City of Grand Rapids,
Respondent,
MTT Docket No. ________
Parcel No. 41-13-13-477-016
Stewart L. Mandell (P33781)
Honigman LLP
Attorneys for Petitioner
39400 Woodward Avenue, Suite 101
Bloomfield Hills, MI 48304-5151
(313) 465-7420
slmandell@honigman.com
Petition
Franklin 1340 Monroe LLC (“Petitioner”), through its attorneys, Honigman LLP, says:
1.
Petitioner's principal office address is 1900 Spring Rd., Suite 420, Oak Brook, IL
60523. Petitioner is a party in interest with respect to property taxes on tax parcel number 41-13-
13-477-016 ("Petitioner's Property"), with an address of 1340 NW Monroe Ave., Grand Rapids,
located in Kent County, Michigan.
2.
Respondent, City of Grand Rapids, assesses and collects property taxes on
Petitioner's Property.
3.
In 2025, Respondent determined the taxable value of Petitioner's Property to be
$2,170,967 and assessed Petitioner's Property at $4,700,700, which will result in a state equalized
value in the same amount based upon the tentative equalization factor.Page 2
2 60669879.1 4. Petitioner's Property is classified as commercical improved. Petitioner's Property is presently used or available for use for commercial purposes. Petitioner believes that Petitioner's Property was originally designed to be used for commercial purposes. 5. This matter involves issues relating to: (a) valuation, (b) assessment, (c) taxable value, and (d) uniformity. 6. At this time, Petitioner believes, as it relates to taxable value, that there is a dispute relative to the value of a loss. 7. No board of review protest was required for Petitioner’s Property. 8. The 2025 assessment, including state equalized value and taxable value, imposed on Petitioner's Property, and the taxes to be levied and collected thereon, are invalid and unlawful for the reasons that: (a) The assessment, including state equalized value and/or taxable value, exceeds the amount permitted by the Michigan Constitution and applicable statutes; (b) The assessment, including state equalized value and/or taxable value, is at a higher percentage of true cash value than permissible under the Michigan Constitution and applicable statutes; (c) The assessment, including taxable value and/or state equalized value, is based upon an erroneous determination of the true cash value of that portion of Petitioner's Property that is taxable under Michigan law, and is based upon the application of wrong principles; and, (d) The assessment, including state equalized value and/or taxable value, and the mode of assessment adopted by Respondent, discriminate against Petitioner and deny Petitioner its constitutional rights to uniformity, equal protection, and due process of law.
Page 3
3 60669879.1 WHEREFORE, Petitioner requests that the Tax Tribunal enter an Order: (i) reducing the 2025 taxable value of Petitioner's Property from $2,170,967 to $585,000; (ii) reducing the 2025 assessed value and state equalized value of Petitioner's Property from $4,700,700 to $585,000; (iii) requiring payment to Petitioner of the refunds attributable to such reductions, plus interest and costs; and (iv) awarding Petitioner any other relief to which it is entitled. Dated: May 28, 2025 Respectfully submitted, HONIGMAN LLP Attorneys for Petitioner By: Stewart L. Mandell (P33781) 39400 Woodward Avenue, Suite 101 Bloomfield Hills, MI 48304-5151 (313) 465-7420 slmandell@honigman.com