"They got a building in perfectly fine operating condition. Why they would have to spend $13 million is beyond me."Mr. O'Neill also can't understand how the financial condition of the structure deteriorated to the point of foreclosure in 13 years:
"If somebody gave you a building free, wouldn't you think you could figure out how to charge rents that cover maintenance?"It seems odd to be offering this particular advice to a guy whose signature is on dollar bills (right), but if Mr. O'Neill wants to understand the $13 million mortgage and the decisions of the Allegheny Conference and VisitPittsburgh to abandon the former Alcoa Building and regional cooperation, the path is simple:
Follow the money.
Infytune: Crumblin' Down, John Mellencamp