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On May 18, the city of Baltimore is holding a tax sale, and today the list of properties that will be up for bidding was released (you can check the full list out for yourself at

, the 2009 tax-certificate auction website). Included on that list are 71 units at

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, the "condominiums with imagination" development near Penn Station built by Streuver Bros. Eccles and Rouse in conjunction with CJUF--Canyon Johnson Urban Funds--a real-estate development company that invests in underserved urban neighborhoods. CJUF is a joint venture between Canyon Capital Realty Advisors and Earvin "Magic" Johnson. According to the tax-sale site, Streuver and CJUF II 1209 LLC own the units, which have tax liens ranging from $304 for a 180 square-foot space in the building (unit P 38B) to $17,428.59 for a 1,627 square-foot condo (unit 413). The companies have until May 1 to pay the tax debt, and if they fail to do so, all of the tax liens on the properties are up for grabs--bidders that win them at auction must give the owners a chance to redeem the properties by paying back the tax lien at 18 percent interest, plus fees and penalties incurred by the tax-lien purchaser. If the owner of the property doesn't pay up, the owner of the lien can take the issue to court and ask a circuit court judge to issue a foreclosure on the property.

Also included on the tax-certificate auction list are 54 properties in

, at 1 E. Chase Street, owned by various parties, and 174 properties at the

located at 801 Key Highway, owned by a company called Midtown Baltimore LLC. The company owes $1,206.46 on each unit.

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