BlackLivesMatter protests | Updates, News & Discussion
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大汉奸柳传志
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Twin Cities: Skyrocketing demolition costs for riot-damaged properties delay rebuilding
One day after rioters destroyed the Sports Dome retail complex in St. Paul, a construction crew hired by the city knocked the building down because it was dangerously unstable.
Then the city presented the property owners with a $140,000 bill for what it would cost to haul away the debris.
“We were really upset about that,” said property owner Jay Kim, whose insurance policy covers a maximum of $25,000 in demolition costs. “We thought that was high. But we didn’t know how much demolition would cost at the time.”
Like dozens of other investors whose properties were severely damaged in the May riots, the Kim family was stunned to discover that the money it would collect from its insurance company for demolition won’t come close to the actual costs of doing the job. Most policies limit reimbursement to $25,000 to $50,000, but contractors have been submitting bids of $200,000 to $300,000. In many cases, the price of the work is not much lower than the actual value of the property, records show.
“I think that is price-gouging and they should contact the attorney general,” said Andrea Jenkins, vice president of the Minneapolis City Council. “That is a symbol of capitalism run amok.”
Contractors acknowledge that prices for riot-related work are far higher than usual, but they said that is because government regulations require them to treat all debris from a burned-out building as hazardous. Industry veteran Don Rachel said those rules can double demolition costs.
Rich Freese of Semple Excavating worked on demolishing the Sports Dome retail complex in St. Paul.
“We aren’t taking advantage of anybody,” said Rachel, CEO of Rachel Contracting, one of the largest demolition contractors in the state. “Some people might have sticker shock, but how do they know? Most of these folks have never had to wreck a building.”
Demolition costs are so high that many rebuilding projects remain stuck in neutral, leaving large sections of Minneapolis and St. Paul with scorched buildings and piles of rubble that will linger for months.
“It’s been a big barrier to getting the street cleaned up,” said Allison Sharkey, executive director of the Lake Street Council. “I am becoming really concerned that people who want to reinvest won’t be able to.”... (Read more)
One day after rioters destroyed the Sports Dome retail complex in St. Paul, a construction crew hired by the city knocked the building down because it was dangerously unstable.
Then the city presented the property owners with a $140,000 bill for what it would cost to haul away the debris.
“We were really upset about that,” said property owner Jay Kim, whose insurance policy covers a maximum of $25,000 in demolition costs. “We thought that was high. But we didn’t know how much demolition would cost at the time.”
Like dozens of other investors whose properties were severely damaged in the May riots, the Kim family was stunned to discover that the money it would collect from its insurance company for demolition won’t come close to the actual costs of doing the job. Most policies limit reimbursement to $25,000 to $50,000, but contractors have been submitting bids of $200,000 to $300,000. In many cases, the price of the work is not much lower than the actual value of the property, records show.
“I think that is price-gouging and they should contact the attorney general,” said Andrea Jenkins, vice president of the Minneapolis City Council. “That is a symbol of capitalism run amok.”
Contractors acknowledge that prices for riot-related work are far higher than usual, but they said that is because government regulations require them to treat all debris from a burned-out building as hazardous. Industry veteran Don Rachel said those rules can double demolition costs.
Rich Freese of Semple Excavating worked on demolishing the Sports Dome retail complex in St. Paul.
“We aren’t taking advantage of anybody,” said Rachel, CEO of Rachel Contracting, one of the largest demolition contractors in the state. “Some people might have sticker shock, but how do they know? Most of these folks have never had to wreck a building.”
Demolition costs are so high that many rebuilding projects remain stuck in neutral, leaving large sections of Minneapolis and St. Paul with scorched buildings and piles of rubble that will linger for months.
“It’s been a big barrier to getting the street cleaned up,” said Allison Sharkey, executive director of the Lake Street Council. “I am becoming really concerned that people who want to reinvest won’t be able to.”... (Read more)
Twin Cities: Skyrocketing demolition costs for riot-damaged properties delay rebuilding
Aggregate Newsredstatewatcher.com
Shah_Deu
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Yeah absolutely, they are terrorists. Had they been in Hong Kong, US would have championed their rights, the UK would have announced to give them citizenship and they were to be the bravest people on the planet to have demanded their rights. Feel so sorry for the protesters to have been born in the wrong country, oh sorry, the right country i meant.
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大汉奸柳传志
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video looks pretty real.
dbc
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Welcome to the 21st century, the things kids do for $hits and giggles. Mostly innocent faked attacks, sometimes the unsuspecting fall victim its called the 'knock out games' . Sometimes it goes too far,
it started in 2013 for social media likes, didn't know it was still a thing.
Dalit
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Look who gave you a like for your comment.
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Hamartia Antidote
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A chorus of Democrats was asked to sing the praises of an Orioles stadium deal. There hasn’t been a chirp since.
The Camden Yards applause rose in a crescendo when the scoreboard screen showed Maryland Gov. Wes Moore pumping his fist and Orioles Chairman and CEO John Angelos clapping to celebrate a stadium de…
www.baltimoresun.com
Police investigating alleged assault after man hit in the head with a brick in South Baltimore
The Maverick
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disgusting
masterchief_mirza
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Some brits were copying this filthy game a couple of years ago, also resulted in a fatality if I recall correctly.
Hamartia Antidote
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This is obviously a
Guess what, the western media are under reporting all this riot and try play down the havoc occuring in US while keep ramping up about human right abuse in China.
US is doomed. The media is control in a way, it will try avoid reporting all the deficient of US while report the problem of China. This make China quick to solve all it's deficiency while the rot of US just grow bigger.
US is doomed. The media is control in a way, it will try avoid reporting all the deficient of US while report the problem of China. This make China quick to solve all it's deficiency while the rot of US just grow bigger.
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