Arthur Sterbcow has been fired as president of Latter & Blum Inc./Realtors, reportedly for giving information to The Times-Picayune about assessment values and home prices. The newspaper published a story Sunday that showed a 14% gap between home sale prices and property tax assessments made in Jefferson Parish. In a letter obtained by the newspaper, Bob Merrick, chairman and CEO of Latter & Blum, said the company “should never have been involved” in the article and that he was in the process of “mending fences” with assessors. Sterbcow had given similar data to the newspaper in 2004 about Orleans Parish assessments; what resulted was a series of articles that led to consolidation of the city’s assessors. Sterbcow’s dismissal is not expected to affect Latter & Blum’s Baton Rouge office. To read the Times-Picayune story, click here.
Sterbcow fired from Latter Blum
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