Futile Wrath — May 2, 2018

I hear you, Sam. The other question, though, is who would have bought Paul’s as a business? Who would take over and make a life out of running the shop and keeping the staff? Could that person pay anywhere near as much for a store as a real estate developer would (and probably did) pay for the land? Here’s a question for our citizens: Would you run a store? Here’s a question for the City: Is there a way to incentivize that? (Hint: There are existing legal structures that would allow young entrepreneurs to earn a home and full ownership of a business over time, but because of their student debt, health insurance costs, etc., they need your investment. “Development” doesn’t just mean more square footage in more buildings!)