Kraig, if you understand how business works, maybe you can explain why you're holding the OTSC to a higher standard than a private real estate developer.
These types of projects are *never* done with "cash on hand", nor do 100% of monies need to be "in-hand" before work can begin. The City could have turned this property over quite easily, but they refused to do so.
This decision by DEGC is purely political. If you look at their track record, it becomes quite clear that DEGC has more interest in demolition than they do development.
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