A dispatch from a city employee this am confirms that Detroit will be buying Lafayette Towers, the two foreclosed rental apartment buildings designed by Mies Van Der Rohe. The sale was pending approval from City Council, which came through this morning. Earlier this summer, a HUD auction was cancelled as the city intervened, wanting to exercise more control on the buying process to avoid a buyer repeating what happened last time (losing the buildings). The purchase is not meant to make the city the property owner; Detroit will solicit developers to purchase the property via an RFP. We will post more details as the city releases them.
· City Still Trying to Buy Lafayette Towers to Sell to Developer [Curbed Detroit]
· Lafayette Towers Auction Canceled, City Still Pursuing Buyer [Curbed Detroit]
· (UPDATED) Lafayette Towers Sale Postponed As City Toys With Buying Uses Powers to Stall Sale, Help HUD Find Buyer [Curbed Detroit]