Terence Thomas, Image courtesy of Giffels Webster
Once regarded as a symbol of industrial decay, Detroit is now experiencing a remarkable renaissance. A series of...
The much-anticipated launching of the new book, "Super Cities, Detroit!" releases on February 6, and coincides with Black History month. Sometimes the coolest places...
In a desperate attempt to avoid bankruptcy, Detroit’s Emergency Financial Manager, Kevyn Orr, announced the financially ailing city’s plan to immediately stop paying down $2.5 billion of its $18.5 billion of long-term debt. “Detroit’s road to recovery begins today,” Orr told a room full of nearly 150 of the city’s creditors. “Financial mismanagement, a shrinking population, a dwindling tax base and other factors over the last 45 years have brought Detroit to the brink of financial and operational ruin.” Orr, a bankruptcy attorney hired by Michigan to assist with the Motor City’s finical woes, said creditors could expect to be paid less than 10 cents on the dollar. “Our plan is bold because aggressive action is required to get Detroit back on its feet and improve the quality of life for the people who call Detroit home,” said Orr. Reuters[1] reports that Orr’s drastic plan [2]has already been put into effect, with the city skipping out on a $34 million payment due yesterday, a move Orr ...
A Detroit homeowner has a very clear message for anyone daring to squat in his vacant home on the city’s west side: If you dare, you will be shot! Channel 7 Action News reports[2] that the sign (pictured) was discovered yesterday. The home on which the sign is placed is directly across the street from a church. It reads: “Believe me you will get shot trying to squat here! I’m watching and waiting” Residents of the Motor City are no strangers to urban blight and folks stealing scrap metal from homes–even with people inside of them. But this written display of force was too much, even for hardened residents used to violence in the city. “We were in our way to church and look, oh my goodness, did they really put that on there?” one woman told Channel 7.“It does send a pretty clear message,” says ...