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Old Posted Apr 14, 2014, 8:41 PM
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ozone ozone is offline
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Join Date: May 2004
Location: Sacramento California
Posts: 2,270
Quote:
Originally Posted by wburg View Post
The city is currently suing the state in order to get this project untangled from the giant mess that occurred with the end of redevelopment. They have private funding and everything is all set, but the state doesn't want to consider the project an enforceable obligation.

Tight credit and a recovering market are why insurance becomes the deal breaker. For-sale housing is under construction and getting snapped up quickly, but only on detached row houses where the condo lawsuit problem doesn't apply, like Tapestri Square and 2500 R.
WTF? This is the State Capitol and I know the Gov and certainly the SF-snob Lt Governor doesn't give a damn about Sac but can't the f'king state pretend to care?
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