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Will the City Hall/21C development be the next to ask for additional City funds again. Hopefully the City has learned a lesson not to use local developers unless they are teamed with a national development company to ensure they can financially make the project work. If the City has approved funding for the Gold Building why can’t construction start later this year.
Extend and pretend and these bailouts creates a moral hazard and weaker markets.
Extend and pretend and these bailouts creates a moral hazard and weaker markets.