Another building bites the dust... gentrification is real out here.Submitted by Towers_Oh_My27 t3_ygbav9 in Newark
AsSubtleAsABrick t1_iudavmj wrote
Reply to comment by pineapple_swimmer330 in Another building bites the dust... gentrification is real out here. by Towers_Oh_My27
The same 2-3 people own all the empty lots and are land banking them until they hit some unknown level of value.
It is more often than not more expensive to restore an old structure like that. Plus they can make it bigger.
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