"The thieves are intentionally targeting the highest of high-end merchandise," said Ald. Brian Hopkins. "It's increasingly clear to us that this is an organized operation that goes far beyond just the people who are on the front lines." Nearly identical hits have happened six times since Oct. 11.
Those who want to buy the high-end stuff are able to get it elsewhere, probably delivered free to their gated residences. The stores will close; the landlords will lose money; the City will lose taxes and “life” will go on in an altered form. The teens will trade the booty for drugs. It’s a new Urban Economics, structured in a way that doesn’t seem to hurt the consumer or the manufacturer. Landlords probably have some sort of syndicated financing that will spread the loss among institutions and individuals looking for a 5% real estate segment in a portfolio. Probably no… Read more »
The Paraclete
4 years ago
Great! How long has this been ignored by Lori. How about alerting anyone driving into the city with those overhead signs. Ya know active alerts! Maybe the signs aren’t big enough. If space is an issue use a smaller font so motorists drive into bridge abutments trying to read the sign. If they can’t read it, it doesn’t exists!
Those who want to buy the high-end stuff are able to get it elsewhere, probably delivered free to their gated residences. The stores will close; the landlords will lose money; the City will lose taxes and “life” will go on in an altered form. The teens will trade the booty for drugs. It’s a new Urban Economics, structured in a way that doesn’t seem to hurt the consumer or the manufacturer. Landlords probably have some sort of syndicated financing that will spread the loss among institutions and individuals looking for a 5% real estate segment in a portfolio. Probably no… Read more »
Great! How long has this been ignored by Lori. How about alerting anyone driving into the city with those overhead signs. Ya know active alerts! Maybe the signs aren’t big enough. If space is an issue use a smaller font so motorists drive into bridge abutments trying to read the sign. If they can’t read it, it doesn’t exists!