How Not to Revive the Statler on Friday, March 5th, 2010

With all due respect, a parking ramp isn’t going to remediate asbestos and otherwise renovate the deteriorating, dead Statler into something usable in the 21st century.

Someone needs to invest maybe $100 million, and in order for that to happen there has to be a reasonable expectation that the project would successfully attract enough tenants to at least break even.

The problem isn’t about the Statler and it isn’t about parking. It’s about the economy and our business environment. Stop putting Band-Aids on this festering boil.


Source: WNYMedia.net

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