Pontiac Silverdome Sells for a Whopping $583K
November 17, 2009
The Pontiac Silverdome has finally sold for a massive $583,000! The stadium cost some $55M to built 35 years ago. So much for residual value. According to Detroit News, a year ago, there was a deal on the table for more $20M.
The rumor is that a Canadian company purchased it with some sort of plans to bring a [...]
Fallout
April 16, 2009
Hey, it’s Detroit, but still…..
Last week I read in the morning paper about a street here where 60 out of 66 homes were vacant or abandoned on a single block. The reporter called it a “ghost street.” Yesterday I found myself in the area. Other than an errant sofa, the street was completely empty, almost peaceful. I [...]
