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Old Posted Oct 10, 2014, 5:45 PM
Ryanrule Ryanrule is offline
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Join Date: Sep 2013
Posts: 772
Quote:
Originally Posted by ardecila View Post
Just where is the city going to come up with $40M to purchase the building?

Admittedly, the city is pursuing eminent domain against General Mediterranean for Riverside Park. But that's a far larger site that demands careful planning and probably demands a thorough public process. The city can also add value by building infrastructure like the Wells-Wentworth Connector and parkland, and maybe even make money on the thing. The Post Office only covers two blocks, not 18, and success or failure there is not crucial.
nuts to purchasing. just take it.
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