Tower 101 alternative city hall proposal

The Ivy Realty co-founder pitched acquiring Tower 101 as city hall, claiming over $200 million in savings and a $20–30 million value for the city's existing site, and asked for a 30–45 day due diligence look.

On behalf of Ivy Equities, he argued it's 'never too late' to examine a possible $200 million savings, offered to contribute $25,000 toward due diligence, and pushed back on the mayor's criticism of their not participating in the solicitation.

Speaking for District 4 residents from a recent conference call, she argued the city would be 'negligent' not to examine the Tower 101 alternative before signing, warning property tax reform could leave the city unable to afford a P3 mortgage.