After blowing $150 million of your money, including interest, on a new skyscraper and a parking deck, we've come to find out that Wayne County is in negotiations to buy back the old County Building they just moved out of two years ago.
The private partnership that owns the old County Building has approached Bob Ficano's people with an offer to sell it back for $15 million to end lawsuits and counter lawsuits.
"The partnership has put on the table for us just to buy it outright and settle the lawsuits and be able to reacquire the building," said Wayne County Commissioner Bernard Parker.
Turns out that people within Ficano's own administration think the county might be liable for at least $5 million in back rent since Ficano didn't take all the furniture and equipment when they moved out in the first place.
"As a result of us leaving our equipment in there, we probably could lose a court case. The partnership has sued, and we would owe some money for rent," Parker explained.
"A crackhead move. Ridiculous. Who does that and then puts our children, our future on the hook for all this money? These kids, they're going to be paying for this for years and for what?" said former Ficano appointee Steve Hood.
Now this was a bad deal from the beginning and it happened way before Ficano ever took control. It was the mid-eighties and the county took its own building and sold it to a private partnership. It then rented it back for $5 million a year. 20 years and $100 million later, Ficano came along and said that's a bad deal, and he went and got himself his own bad deal with the Guardian Building.
In the meantime, the partnership sued and Ficano sued back.
"It's in litigation. I'm sure that the partnership would love for us to take a look at it, but right now it's not economically feasible, and we believe that they owe us money," said Ficano.
"We haven't won one yet, so no, we're not going to win that. We've not won one yet, and why we keep on fighting about it, we've been screaming for three years to come to an agreement," said Wayne County Commissioner Kevin McNamara.
Remember, they're just in talks and no deal is imminent.
However, there is one other thing I noticed as I was walking past the old County Building. I took a look at the old dedication plaque from the deal back in the eighties. It's a players' lineup of Detroit players.
One of the partners who bought the place for a song is Jack Martin. What does he do now? He's the chief financial officer for the City of Detroit under the consent agreement.
The contractor was Walbridge Construction. The head of that, John Rakolta, is caught up in that FBI probe in the jail he's building for Ficano downtown.
The deputy county executive was Michael E. Duggan. By the time he was done, he was under the federal microscope. He now wants to be your white mayor. And the guy cutting deals with him in the back room? Bernard Kilpatirck. You can see him at the daily matinee down at the federal courthouse.
I know what you're thinking. The more things change, the more things stay the same.
Friday, May 17 2013 5:25 PM EDT2013-05-17 21:25:50 GMT
Following Minister Louis Farrakhan's message on Friday, Fox 2's Charlie LeDuff hit the streets to scrounge around for some available investment properties, and guess what he found?
Following Minister Louis Farrakhan's message on Friday, Fox 2's Charlie LeDuff hit the streets to scrounge around for some available investment properties, and guess what he found?
Thursday, May 16 2013 7:45 PM EDT2013-05-16 23:45:45 GMT
Fox 2's Charlie LeDuff attended a Detroit City Council meeting. On the agenda, some questions about a developer who is being allowed to take his time paying back a $19-million dollar loan.
On Thursday, Fox 2's Charlie LeDuff attended a Detroit City Council meeting. On the meeting agenda, some questions about a developer with connections to city hall who received a letter that told him he was allowed to take his time paying back a $19-million dollar loan.
Wednesday, May 15 2013 11:16 PM EDT2013-05-16 03:16:04 GMT
Dave Bing might run for Wayne County executive, but a condition is the officer holder must be a county resident. Charlie LeDuff decides to help his old buddy out with a few options on where he can live.
Dave Bing might run for Wayne County executive, but a condition is the officer holder must be a county resident. Charlie LeDuff decides to help his old buddy out with a few options on where he can live.
Tuesday, May 14 2013 7:06 PM EDT2013-05-14 23:06:18 GMT
It has been six weeks since two Detroit police officers were wounded and a suspect killed during a shootout. Now some questions have arisen and they involve Detroit EMS. Fox 2's Charlie LeDuff reports.
It has been six weeks since two Detroit police officers were wounded and a suspect killed during a shootout. Now some questions have arisen and they involve Detroit EMS. Fox 2's Charlie LeDuff reports.
Wednesday, May 8 2013 6:25 PM EDT2013-05-08 22:25:04 GMT
FOX 2 has confirmed that 101-WRIF Radio morning show hosts "Drew and Mike" will be replaced by Dave and Chuck of the Freak, the former 89X duo. The last 'Drew and Mike" broadcast is scheduled for May
The last WRIF 'Drew and Mike' show will be May 17 after the duo's contract was not renewed. Fox 2's Charlie LeDuff gets an exclusive interview in the parking lot of WRIF studios.
Charlie LeDuff: Off The ChainCharlie LeDuff: Off The ChainMore>>
Friday, May 3 2013 6:10 PM EDT2013-05-03 22:10:10 GMT
LeDuff: Let me offer a short list of things acting Bob Mayor Warfield can accomplish in his few remaining days in office. Things that could cement his legacy as one of Detroit's greats.
LeDuff: Let me offer a short list of things acting Bob Mayor Warfield can accomplish in his few remaining days in office. Things that could cement his legacy as one of Detroit's greats.
Sunday, April 21 2013 9:33 AM EDT2013-04-21 13:33:35 GMT
Coverage of the Boston Marathon bombings has been equally breathless and embarrassing. Spot reports from media outlets who once prided themselves on accuracy and reliability have been little better than Twitter feeds.
Coverage of the Boston Marathon bombings has been equally breathless and embarrassing. Spot reports from media outlets who once prided themselves on accuracy and reliability have been little better than Twitter feeds.
Monday, April 15 2013 7:21 AM EDT2013-04-15 11:21:31 GMT
I went to the dentist Friday morning and got my tooth drilled. My head was numb from the Novocain. I needed a place to hide where nobody would notice. I found it: Detroit city hall!
I went to the dentist Friday morning and got my tooth drilled. My head was numb from the Novocain. I needed a place to hide where nobody would notice. I found it: Detroit city hall!
Friday, April 5 2013 8:43 PM EDT2013-04-06 00:43:42 GMT
Unknown to the citizens, the police officers and even the emergency manager himself, Interim Detroit Police Chief Chester Logan was quietly conferred full chieftain status.
Unknown to the citizens, the police officers and even the emergency manager himself, Interim Detroit Police Chief Chester Logan -- as he has been called for the past five months since Chief Ralph Godbee was bounced from office -- was quietly conferred full chieftain status.
Monday, April 1 2013 9:07 AM EDT2013-04-01 13:07:47 GMT
Emmett Moten owns the Hotel Fort Shelby in Detroit. He owes $170,000 in back property taxes. He has until Monday at 5 p.m. to pay a portion of the back taxes or face foreclosure.
Emmett Moten owns the Hotel Fort Shelby in Detroit. He owes $170,000 in back property taxes. He has until Monday at 5 p.m. to pay a portion of the back taxes or face foreclosure.
Monday, March 25 2013 9:52 AM EDT2013-03-25 13:52:46 GMT
Imagine Captain Edward Smith of the Titanic summoning his pursers to the wheelhouse after his ill-fated ship struck the iceberg. "Quickly gentlemen!" he shouts. "Rearrange the deck chairs. Perhaps no one will notice!"
Imagine Captain Edward Smith of the Titanic summoning his pursers to the wheelhouse after his ill-fated ship struck the iceberg. "Quickly gentlemen!" he shouts. "Rearrange the deck chairs. Perhaps no one will notice!"
Monday, March 18 2013 10:12 AM EDT2013-03-18 14:12:24 GMT
Many people are concerned about Belle Isle's future. The EFM is promising not to make any hasty decisions and to review the numbers first, but that could be a problem. There is no Belle Isle budget.
Now that Detroit has an emergency financial manager, a lot of people are concerned about the future of Belle Isle. Kevyn Orr is promising not to make any hasty decisions and to look over the numbers first, but that could be a problem. There is no Belle Isle budget.
Tuesday, March 12 2013 2:19 PM EDT2013-03-12 18:19:44 GMT
LeDuff: I don't know if an emergency manager can work in the city of Detroit. If anyone says different, they are lying. But I have to agree with one Detroiter's view, "Anything's better than what we've got right now."
LeDuff: I don't know if an emergency manager can work in the city of Detroit. If anyone says different, they are lying. But I have to agree with one Detroiter's view, "Anything's better than what we've got right now."
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