Exec Comp 2012: One CEO Equals . . . Everyone in Cleveland?!? In 1989, the chief executives of the seven biggest banks in the country made about 100 times the income of the typical American household, on average. On the eve of the crisis in 2007, they made more than 500 times the median. –Eduardo...Read More
“Historically Significant” Architecture — Or Just Old? Sometimes a rose is just a rose, as Gertrude Stein knew. And sometimes, an old building is just that — not architecturally significant, and certainly not worth an exorbitant amount to renovate and bring up to modern standards. In a nutshell, that’s my reaction to a provocative NYT...Read More
Keys: Location, Strength of Local Economy What are the prospects for (re)developing the now-mothballed St. Paul Ford plant? How long will it take? The best way to answer those questions is to look at what’s happened previously to idled auto plants elsewhere in the country: “Shuttered auto plants have been a surprising beneficiary of the...Read More
