Posted Oct 10, 2014, 5:45 PM
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BANNED
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Join Date: Sep 2013
Posts: 772
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Quote:
Originally Posted by ardecila
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.
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nuts to purchasing. just take it.
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