MANCHESTER, NH – Brady-Sullivan is suing the city over its denial of an abatement of the $62.9 million assessment on 16 of its properties for 2024.
Millyard Properties II LLC filed three lawsuits in Hillsborough County Superior Court Northern District concerning property it owns at 195 McGregor and 70 Foundry streets. According to the New Hampshire Secretary of State’s Office, Millyard Properties II LLC., located at 670 N. Commerical St. is owned and managed by Arthur W. Sullivan and Shane D. Brady.
In the lawsuits filed by Attorney John G. Cronin on Aug. 28, 2025, Millyard contends the fair market value of the properties is “substantially less” than the city’s assessment and that the assessment is disproportionate to other properties in the community.
The properties at issue include 10 located at 195 McGregor St. and six at 70 Foundry St. The total assessment set by the city for the 16 properties is $62,902,506. At a tax rate of $19.58 per thousand, property taxes total $1,231,631.
Millyard does not indicate in its lawsuits what it believes the total assessment should be.
The company contends the value at which taxable property is to be appraised “is the market value or the price which the property would bring in a fair market after reasonable efforts have been made to find the purchaser who would pay the highest price.”
Because the assessed values have no relation to the market value, the properties are over-assessed, according to the lawsuit.
The city, in its response, denies the assessments are disproportionate to other properties within the city and said it has valued all taxable city property in accordance with uniform standards and in compliance with state law.
In its response, filed by Attorney Peter R. Chiesa of the City Solicitor’s Office, the city said it has a different definition of “market value” than Millyard. It defines it as “the property’s full and true value as the same would be appraised in payment of a just debt from a solvent debtor.”
Chiesa, when reached, said he had no comment but noted the lawsuits are in the preliminary stages. Manchester Ink Link reached out to Attorney Cronin for comment but has yet to receive a response.