Certain kinds of businesses do well in times of great economic uncertainty. Chief among them are so-called “variety stores” and “dollar stores.” As Howard Levine, the CEO of Family Dollar, one of America’s leading chains operating in this sector recently said to the press, “In today’s uncertain economic environment, value continues to resonate… Our strategy […]
Yesterday, local blogger Steve Pierce, on his YpsiNews.com site, broke the news that Ypsilanti real estate developer and landlord Stewart Beal owed the City $86,068.80 in back taxes. He later revised the number to be $84,136.96. The error, he said, was “made by the reporter,” by which I assume he means himself… Here’s a clip […]
Last night, I posted something here about the likelihood that Ypsi City Council would vote to approve the sale of a half-acre of downtown real estate to a Burger King franchisee. Given the fact that we’ve been sitting on 38 acres of undeveloped land for over 8 years, I thought that it was a pretty […]
We’ve known that it was looming out there. First there were rumors. Then the prospect got mentioned at a City Council meeting. But, now it’s apparently real. According to tomorrow’s City Council packet (PDF), an official offer has been made by a Burger King franchisee… They want to own a piece of Water Street. I […]
