If the burden (increased downside risk) of ownership is increased, the pool of investors able to purchase property's will decrease. If a bank had held a mortgage here, would their responsibility go beyond the dollars lent to the project? While…

bisonherd, nice rant. Your probably right, that in some ways the risk in owning an older property in the city has increased. That will only mean fewer buyers, and higher rents for those older buildings that do get 'saved'. Let's say you own a …

leadi, the old sign had 'barnes' only, now that Cellino is back, his name has returned to the advertising. Applied to this specific situation, it may be that a new awning will most likely be erected with both of their names. One thing about the…

I would agree with Colin's last point. With a property like this (that has value), you would think a well publicized auction would be the best and fairest way to reach a price. It removes even the appearance of some kind of favortism, then again,…