No doubt this is a unique parcel. No doubt interest in the property has already been recorded and backroom deals have been and are still being discussed. The value had been placed at $8.5 million in 2010. Now we have learned the parcel is loaded with Radon and the building is contaminated with various other detrimental health concerns. This council majority ran on no backroom deals and full transparency, how is that working out? They kept the New City Hall Committee report hidden for two years knowing full well the place was contaminated!
Since the Homestead taxpayer is on the receiving end of so many bad decisions maybe it's time to get out in front of this issue before the City Council gets an appraisal from CARMAX, which is known for it's low-ball appraisals. Speaking of Wayne Rosen, there is said to be interest from him on this land.
Based upon the current contamination and the subsequent required building demolition the price bids will most likely fall to depths unseen for such a prime location by those making offers. The City Council needs to be firm, this is a unique corner in the City of Homestead and it needs to fetch top dollar.
Thanks to alert and wise contributors the library parcel is on it's own land but access and parking may complicate the sale and use of the City Hall property.
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