Anonymous wrote:

Anonymous wrote:It looks like all three buildings of the Macklin project were sold to different developers at the tax sale. Still some liens to be paid off before construction can restart. What a disaster!

The “developer” is an amateur who inherited some money and then proceeded to lose it on a development business that he didn’t really understand. How familiar sounding. How very Trumpy.

Phil Kang is not an amateur, but his continued high-wire finance acts may brand him as one, when instead he is just not very good at his developer job. For years, he promised whatever the trendy thing could be - a food hall in the old Four Provinces for example.

He made his money in finance originally.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It looks like all three buildings of the Macklin project were sold to different developers at the tax sale. Still some liens to be paid off before construction can restart. What a disaster!

The “developer” is an amateur who inherited some money and then proceeded to lose it on a development business that he didn’t really understand. How familiar sounding. How very Trumpy.

So this developer is also worth $4 billion?

Like T-Rump he’s petulant, immature, in over his head, bullies his way through, and no stranger to bankruptcy court. But fortunately he’s also he’s not running for president.