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By Kiely (registered) | Posted March 25, 2010 at 13:53:22
Uhm??? Plenty of cities own properties in their own city and they are often surplus and a variety of zoning types.
There is nothing new, novel or frankly even debatable about it. Toronto has a real estate section on their website which states:
"The City of Toronto Real Estate Services section provides realty management services to the City, which owns $7.5 billion in assets, 6,000 properties, and 17 million square feet of building space."
Comment edited by Kiely on 2010-03-25 12:54:12
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