RED BANK: COURT NIXES TAX ACTION
The borough’s attempt to revoke Riverview’s tax exemption for two years amounted to a “fishing expedition” in search of justification, the court ruled. (Photo by John T. Ward. Click to enlarge.)
By JOHN T. WARD
Red Bank can’t retroactively revoke the tax-exemption for Riverview Medical Center, New Jersey’s tax court ruled last week.
In attempting to do so, the borough was improperly hoping that a “fishing expedition” in the form of legal action would turn up evidence that the hospital, owned by Hackensack Meridian Health, was being used as a for-profit facility, the court ruled. More →