November 30, 2007

Kelo Update: Old Media Ignores Latest New London Development Setback

As an exemplar of a government-run enterprise stuck in the mud, it’s hard to come with a better example than what is happening in the area that was the subject of the infamous Kelo v. New London ruling in 2005. Nearly 2-1/2 years after the US Supreme Court ruled that the city could evict Susette Kelo and other holdouts from their homes, and 17 months after the final settlement between the city and the final two holdouts, very little has been done in the affected area.

The latest setback to substantive progress in the area is significant, and is being totally ignored by the non-local press.

Here are the two major stories and the local paper’s editorial from earlier this week (New London Day links require a paid subscription after seven days):

Nov. 27 (report by Elaine Stoll) — Fort Trumbull Developer Asks For More Time, Misses Deadline
NLDC could claim default, but delay in project more likely

Preferred developer Corcoran Jennison missed an important deadline Monday for its Fort Trumbull peninsula housing development, whose groundbreaking will almost certainly be postponed again.

The firm informed the New London Development Corp. that it needed more time to secure financing for the $18 million project one hour before Monday’s noon deadline for the company for that and other obligations outlined in a Sept. 27 agreement with the NLDC.

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Nov. 28 (report by Elaine Stoll) — Developer Says Lending Climate Reason For Delay
NLDC not yet ready to declare Corcoran Jennison in default

….. Corcoran Jennison attorney Glenn T. Carberry sent a two-page request for a six-month extension — ending May 29, 2008 — for the developer to finance the construction project, now estimated at $19 million. The Boston-based company failed to finalize financing and to sign a contract with a general contractor for the construction of 66 apartments and 14 townhouses on four acres by Monday’s noon deadline, delaying what the NLDC believed would be a December groundbreaking.

“They’re technically in default,” NLDC President Michael Joplin said Tuesday. “We haven’t called them in default. There are other approaches we ought to evaluate and try before we get to that point.”

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Nov. 28 (editorial) — Skepticism Grows
Fort Trumbull developer has to stop raising false expectations and start delivering on promises.

It is understandable that given tightening credit and a changing housing market Corcoran Jennison would need more time to secure financing for its planned housing development on the Fort Trumbull peninsula.

It is not understandable, however, why the inability to get the financing was sprung as an 11th-hour surprise — and disappointment. The firm waited until one hour before Monday’s noon deadline to inform the New London Development Corp. that it could not meet the obligations of a Sept. 27 agreement, including getting financing approved. Surely the developer had to know well before then that it would have trouble getting the needed loan in time. It would have been far better to go public with the financing difficulties sooner.

The word “Kelo” does not appear in any of the three items above — perhaps to assist in avoiding search engine attention (I became aware of this because of an alert I have set up for “Fort Trumbull”).

Note that the neighborhood homes taken as a result of the Kelo ruling are being replaced by ….. apartments and townhouses. As I understand it, more grandiose plans have long since been scaled back.

Considering the firestorm that erupted in the wake of the Kelo ruling, it’s very disappointing to see the lack of any kind of meaningful follow-up media attention. I’m left to speculate why the clear and ongoing lack of progress isn’t news.

Cross-posted at NewsBusters.org.

Couldn’t Help But Notice (113007)

The question-plants fiasco at CNN’s YouTube GOP debate on Wednesday (key links here, here, here, and here; the last link covers scrubbing of post-debate replays; late addition — how it developed on the night of the debate) is an almost-low point for a news network that has totally lost its way.

But this remains the lowest (both the original “story” and making it available as on-demand video).

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Given his radical proclivities, including his belief that there are wayyyyy too many people on the planet, it is worth asking what Ted Turner is really up to.

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More bad news for recession fans – Cyber Monday was strong:

American consumers jammed online shopping sites on Monday, the official start of the holiday season for e-tailers, resulting in robust sales, according to an Internet research company.

ComScore Inc. reported on Tuesday that consumers spent $733 million online on Monday, a 21 percent gain from the same day a year ago. ComScore had expected that sales would exceed the $700 million figure.

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RIP, prolife legend Henry Hyde.

On his show yesterday, Mark Levin replayed portions of Hyde’s Opening Statement during the Clinton impeachment. In retrospect, the former Illinois congressman stands ever taller, and those who opposed him at the time, up to and including the then-president, stand so much smaller. A full transcript of that Statement is here.

Positivity: Hero risks life to save teen

Filed under: Positivity — Tom @ 5:59 am

From Lancaster County, PA:

I had to do something, says father of three after roadside rescue.
Published: Nov 19, 2007 11:01 AM EST

The car (slammed) into the utility pole — The electrical wires everywhere. The crackling fire. The terrified kid trapped in the car, pounding on the windows.

People around you screaming, “Don’t touch the car! Don’t touch the car!”

What would you do?

Would you act? Could you?

Mark Sellers did.

Saturday night, the father of three yanked a 17-year-old driver out of a car before it went up in flames along Strasburg Pike in West Lampeter Township.

Today, police are calling Sellers a hero.

“He definitely saved his life,” West Lampeter Township Police Chief James Walsh said, adding that police plan to give Sellers a commendation for his actions.

Sellers, a 45-year-old drug sales rep, still is grappling with what happened in just a few minutes that could have forever changed his life and the life of a teen he had never met.

He says he could not have done anything else.

“I was not going to let that kid die in a car fire,” he says. “I had to do something. I couldn’t live with myself if I didn’t do anything and he would have died.”

The teen, who police are not identifying due to his age, broke his leg in the accident. He still was in Lancaster General Hospital today, recovering from his injuries, but is expected to be discharged later this week. …..

Go here for the rest of the story.