SaveFailsafe t1_iw5l8bo wrote
Reply to comment by imperaman in Why can’t any restaurants survive here by aphid123
One need only look into who owns the most vacants to discover why the city won't entertain a vacancy tax.
fredblockburn t1_iw6tkg4 wrote
Who’s that?
SaveFailsafe t1_iw75mwc wrote
The city government itself owns roughly 10% of the vacants. The rest are privately owned, but behind all the various LLCs are a few big money institutions squatting on property for speculative reasons. Institutions with lobbying power. Like Hopkins.
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