Saturday, December 20, 2008
Government at Work - $65,000 per room
It seems like Buffalo's city government is a bit less than competent.
Of course, somebody is definitely making money...
Of course, somebody is definitely making money...
At BuffaloNews.com, James Heaney reports:
"Some of downtown’s largest hotel operators say the last thing they need is more competition, especially subsidized competitors.
But that’s exactly the course City Hall is pursuing.
One heavily subsidized hotel is under construction, and development agencies in the last month have approved two others that would involve significant tax breaks. The new projects would increase the inventory of downtown hotel rooms by 22 percent.
'I don’t see where the business is coming from; I just don’t,' said Rudi Rainer, general manager of Adam’s Mark, downtown’s biggest hotel."