Quote:
Originally Posted by summersm343
Yeaaaahhhh... as long as it's owned by Castleway from Ireland, there is no shot at this being developed honestly. And they bought it for an insane amount of money at the height of the pre-recession Real Estate boom and now won't sell it because they'll take a hit.
Toll Brothers' were going to buy the lot but backed out of the deal when they realized they couldn't get the lot for a realistic price.
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Tragic. You shouldn't be allowed to hold onto a vacant lot (whether blighted or not) and do nothing with it in perpetuity. I'm not one for heavy-handed government and undue interference with private business decisions. But there should be SOME cap on the number of years you can let property sit unused in a city.