Quote Originally Posted by innercitydoc View Post
Does a parking lot being in the vicinity automatically mean there is dedicated parking? I spoke with a construction worker when I was on the elevator to the Skybar. I asked him if there were plans for renovation into apartments and he said not as of now. He was renovating some spaces into offices and specifically stated that parking was an issue for residential conversion. Why that would be a concern with residential and not commercial is beyond me.
While this may sound sarcastic, it isn't: the best inside info always comes from construction workers in elevators. Parking regulations in Detroit are singular in their Byzantine restrictions, so I would not doubt the veracity of your tip.

on the plus side, someone ponied up nearly 9 mil for the Stott. Seems like a lot for such a slender piece of property....with no parking.