Quote Originally Posted by Patrick View Post
Maybe it was costing more to keeep the building open even with a few tenants? Maybe it wasn't worth it?
If the building is such a money pit, why did the "Miami-based developer" buy it in the first place? It sounds like it was a recent purchase. Are they planning a major renovation/repurposing, or are they just speculators and are gonna mothball it until office space in downtown Detroit become valuable enough to reopen it?