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Liberty Station quietly sold for $71 million
Maybe it wasn't a smart move to sell this prime real estate at a low price back in 1999. But it was done. The article tries to imply that the COO did something shady by signing some assignment consent in the resale, but I doubt it was very important....the buyer & seller probably could have easily worked around it (or simply lived without it) if the city petulantly refused to sign any requested consents to assign any rights to a new buyer. Less convenient, but not a showstopper. And depending on the details, such a refusal could potentially even bounce back and cause the city some liability. Basically, if you are expecting the city to leverage some weak & insignificant control over assignment consent to magically reverse a deal it made 20 years ago, I don't think that is a reasonable expectation.— December 5, 2018 4:52 p.m.