Quote Originally Posted by iheartthed View Post
In the best case scenario, it would make the Lafayette more attractive to a developer who would come in to buy it from the city. The city owned the Lafayette Building because no one was interested in owning the property. If other building owners are forced to invest into their properties and attract tenants then that would have driven up the worth of the Lafayette.
I find it almost comical that now, with the announced Free Press renovation, that's three big renovation projects within a couple blocks stagger of the Lafayette within the past few years. I guess there's just no market to reuse a building in that location.

Oh wait, that's right--the Lafayette was "structurally unsound". Can Detroit implement a tax on trees that grow out of buildings?