Cleveland Real Estate News

According to the PD, Judge Pianka has lifted the injunction against Wells Fargo but put a new twist on requirements for them and the vacant properties they own within the City limits.  Apparently they were ordered to put up a million dollar bond which also apparently covers costs to demolish approximately 100 of their homes.

I was hoping to find more details on the Housing Court website. I did not, but did find it an interesting read for my geeky soul. For example, there are essays written by Judge Pianka, like this one about what makes a neighborhood healthy.  Hartford Connecticut’s Neighborhood’s of Hartford Inc (NHI) explains the general theory in their mission statement. You can read about it here.

Judge Pianka begins his essay talking about a neighborhood planning consulting group in Alexandria Virginia so you know I had to google CZB LLC.  Featured on their home page sidebar is an article called Tea Leaves In Cleveland about a book written in 1992 by Northwestern University Professor Alex Kotlowitz (I had the pleasure of listening to him at the Levin College Forum).  On this planning consulting firms website, they look at tools used prior to 1992 and since then, and come to this conclusion:

The Cleveland story is important not for telling us we have a problem, but that the way we have been addressing this problem has not worked and is not going to work. Tax credit housing, CBO/CDC-based real estate development, concentrated subsidy, market misidentification, housing where the jobs aren’t. These have been tried and have not worked.

I love to read, using the old fashioned method is best for me.  But isn’t it a rush to read things on line and then be able to do more investigation on line to get into more depth? Gotta love that too. But I digress…

Have you been reading the articles about Slavic Village, Housing Court and Judge Pianka, only to have questions about what exactly The Court does? Here is a link  to their FAQ page.  Better to be proactive and forewarned.  I also think knowledge is power (yes I know, original, huh).  Anyway, the FAQ page answers questions about code violations, tenant evictions, and more.

Peace Out – 3C