Wednesday, July 8, 2015

Latest On Allentown NIZ & FBI Probe (07/08/2015)

The Morning Call: Morgan Stanley moving back to downtown Allentown"Donald Frederick is anxious about Morgan Stanley's move, too, but not for the same reasons. Frederick built his four-story office building at 3500 Winchester Road in South Whitehall in 2000. He said he wasn't aware Morgan Stanley, one of his best tenants, would be leaving his building... "[City Center has] tried to recruit all of my tenants," Frederick said. "It's not fair. It's like they're using my tax dollars against me. It's just not right."... Peter Gebert Sr., whose Franklin Realty Development Corp. owns the Pond Road building, echoed Frederick's opinion... "I'm all for economic stimulus, but not if it means the state's taxpayers are subsidizing one city," Gebert said"
The Morning Call (video): Movers packing home of longtime campaign adviser to Allentown Mayor Ed Pawlowski

COMMENTARY
Regarding the first headline. This is not a great way of making friends. There will come a day there will a price to pay for these shenanigans. Allentown can't keep thumbing it's nose at neighbors and expect a good outcome. This is the kind of behavior I might expect from some non capitalist dictator in some foreign country. We are suppose to believe in free market driven businesses. Not manipulated by those with special interests who are well connected to government officials. It brings into question why any developer would invest their money in the Lehigh Valley knowing the risks & circumstances of those who have taken the initiative and how it turned out for them.

As far as the Fleck blowing town without explanation it speaks volumes. Honest men hide nothing.



This is not the way Allentown operated in the days of Max Hess, the Leh, Zollinger's families and others who took their own risks and made the city what it once was.

I feel no pride nor victory in what's happening in downtown Allentown by 'gaming the system'.

For what it's worth as a lifelong resident I feel ashamed and inclined to apologize to those who've been wronged in so many ways.

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