That’s not apparent yet, the additional tax revenue could’ve gone to schools. We don’t know how long this will be vacant there are surface lots from decades ago.normalthings wrote: ↑Thu Dec 03, 2020 3:11 pmSo the least involved and least important stakeholder lost out? It is not like a blighted tower in the middle of town benefited the general population much anyways. The school's number 1 priority should be the kids and as far as I can tell this benefitted the kids better than the other option.beautyfromashes wrote: ↑Thu Dec 03, 2020 3:05 pmYou're forgetting the value of the building to the general public compared to the field of grass. The public lost in that exchange, in my opinion. Of course, the school district had a sale in place for the building to be renovated and flittered it away.
I don't really remember a competitive/realistic bidder that would have renovated the property. Do you have a link?
Not to mention it destroys the fabric of a neighborhood, this is what I mean exactly when I say they shouldn’t behave like a business. They should be more foreword thinking than a quarterly report, not to mention the negative social implications. They should’ve accounted for the social impact and potential environmental externalities arising from this action