City’s Evergreen Avenue Land Deal Will Leave Significant Debt Even After Sale

Taxpayers have lost more than $2 million on the Evergreen Avenue properties, even before the DDA has started to pay down the more than $5 million owed on the properties.

City’s Evergreen Avenue Land Deal Will Leave Significant Debt Even After Sale
Photo showing the location of the DDA’s long held Evergreen Avenue Properties bordered in yellow. The DDA announced it has reached an agreement to sell the properties. (Dylan Lees for ELi)