Out of frustration, J.B. and Kathleen Reilly have stopped reading the political blogs that snidely refer to downtown Allentown as Reillyville or Reillytown, so writes Scott Kraus and Matt Assad in today's feature story. Although a large portion of the article defends against criticism from this blog, including the phrases Reillyville and Reillytown, reporters and editors have once again chosen to not give attribution to molovinsky on allentown. Although perhaps J.B. has stopped reading this blog, I know that Kraus and Assad are reading these words: So boys, here's the biggie you missed today. You forgot to mention that the City gave Reilly $20 million (loaned from National Penn) in seed money, with no specifications, which he used to buy those 32 properties for $15.1 million. I say the City, because the loan was made even before the NIZ Authority was formed. You forgot to mention that some of the owners displaced by Reilly's buying spree felt intimidated, supposedly even including the possibility of eminent domain. Although you keep parroting Pawlowski's premise of risk on Reilly's part, the only real risk was ours. Although you have presented a defense against all the apparent connections, the fact remains that we now have Reillyville.
UPDATE: Kraus and Assad write; records show he(Reilly) didn't buy his first new property until March 2011 —
three months after the new downtown NIZ map was adopted, and a week
after the city publicly announced it was shifting the arena downtown. Public records refer to deed transfers, but when were the Agreements of Sale signed? Reilly wonders why other developers are not taking advantage of the NIZ. Perhaps because Reilly has already purchased all the adjoining blocks? Perhaps because they are not assured that their project will be granted the same NIZ Authority approval, necessary for the tax debt funding, being enjoyed by Reilly?
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