May 2, 2011
City officials just gave a nice gift to Patrick Turner, the millionaire investor involved in a billion-dollar Baltimore development project. He gets another parcel of land worth half a million dollars for – nothing. He pays no property tax on it. In exchange, he plants some trees and bushes, and keeps it up as a park, which will increase the value of his upscale development next door.
And the politicians claim Baltimore is broke. Well, no wonder!