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The lawyer for the eBay auction winner says the $12 million listing is aimed at "investors and non-traditional financiers." Documents obtained via FOIA suggest interest in a quick flip, and possibly a lower cost for environmental cleanup than the City has suggested.
The marijuana industry player who just bought East Lansing's public land on Merritt Road for $1 million via an eBay auction is now listing it for sale for $12 million. ELi's Alice Dreger reports on what we know.
East Lansing Council members Erik Altmann, Shanna Draheim, and Mark Meadows said that in hindsight the City should have advertised the eBay auction of the million-dollar public property on Merritt Road. But they think the taxpayers have gotten a great deal.
More billboards in East Lansing, more sorority houses, more alcohol sales downtown, more revenue for the City, more coffee near the Amtrak station, more rental licenses: all that plus the eBay land deal, depending on how the votes go. ELi brings you up to speed.