N
notyouagain
Guest
In my opinion, the blame lies primarily with the City. Remember, it used its extraordinary power of expropriation to hand these properties over to Penequity. Penequity had no experience in urban environments and the result was entirely foreseeable. Further, the city had all the leverage it needed before transfering the property to Penequity. It failed to use that leverage out of sheer negligence. Time and time again, the city has proven completely inept when negotiating with the private sector.