tag:blogger.com,1999:blog-21829866.post7706184493322672046..comments2023-08-20T07:06:14.115-04:00Comments on Thurber's Thoughts: Despite blackmail threat, Toledo should 'just say no' to bailing out North Towne MallMaggiehttp://www.blogger.com/profile/12677808307727487766noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-21829866.post-18422965873600699472011-11-29T16:37:26.063-05:002011-11-29T16:37:26.063-05:00Okay, so there's $200,000 against the property...Okay, so there's $200,000 against the property in back taxes. Give me one <i>good</i> reason why this whole thing is even an issue. Foreclose on the property and sell it at auction, taking $200 grand for taxes and a few more for handling fees. As for the utility (First Energy?), they're on their own. Let 'em sue.<br /><br />This whole thing is stupid. Have you driven by the old Southwyck location recently? It's bombed out and deserted; there's vacant buildings all over, and the hotels at the end of Reynolds should have been turned into a rock pile. However, by comparison with North Towne, Southwyck looks like a fat pigeon just waiting to be plucked.<br /><br />North Towne never was any good, and any ten year old with the experience of a paperboy could tell you the place was a failure whose time had come as soon as it opened.<br /><br />The whole business is so stupid that taken by itself it is proof positive that somewhere, some people are getting paid to sit on their hands.Mad Jackhttps://www.blogger.com/profile/06190137186843630543noreply@blogger.com