FYI Kefallinos is pouring a ton of money into his recently acquired Michigan Building where DetroitYES offices are.The DDI Chinese Investors [[who own the Free Press and David Stott Buildings) are worst group of so-called commie business men. What do they know about investing American properties? They are way over their socialist commitment. They are just exploiting Gilberttown Detroit buildings waiting for someone to buy it and clean up their mess. The DDI are must worse than Dennis Kelifinos and his properties that he will not fix!
Also the former Wayne State building by 375 and the Roosevelt Hotel. He does seem to finally be investing in his properties.
Now, the question is whether he's actually doing the work to code and pulling building permits. Hasn't that been a problem with him in the past?
as someone with a front row seat to that development, it is being half assed and construction has halted. why? because they didnt remove asbestos before moving forward with development and now it has to be taken care of before they can continue. i cant speak to what lowell has seen but from my perspective his reputation is well deserved.Also the former Wayne State building by 375 and the Roosevelt Hotel. He does seem to finally be investing in his properties.
Now, the question is whether he's actually doing the work to code and pulling building permits. Hasn't that been a problem with him in the past?
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