Consider this: Kefallinos paid $37,500 for the Roosevelt in the 2010 tax auction, then put it on the market almost immediately afterwards for $295K. Since then, we've watched the asking price grow as the half-hearted renovation dragged onwards. It jumped to $495K during the gutting era, then up to $895K when interior work and early window replacement began. What's an entire building's worth of windows worth to Dennis Kefallinos? Earlier in March, the Roosevelt [[a "hospitality investment") was re-listed for $3,681,360. Any takers?


http://detroit.curbed.com/archives/2015/03/roosevelt-hotel-finally-finds-windows-asking-price-explodes.php#more

I'd call him a low-life scumbag, but that would be an insult to low-life scumbags.