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Last nights' Mad Men episode
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<P><FONT size=3><FONT face="Times New Roman">If the public wants to preserve a structure, e.g. Pennsylvania Station, Grand Central Station, etc., it should be able to do so. <SPAN style="mso-spacerun: yes"> </SPAN>It should also compensate the investors, who built the structure, i.e. make them whole. All too often those who believe a structure should be preserved want to buy it for less than fair market value or have it donated to a public body to operate it. I saw it in <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City w:st="on"><st1:place w:st="on">Dallas</st1:place></st1:City> on more than one occasion.<SPAN style="mso-spacerun: yes"> </SPAN>Most of these very same folks, by the way, would scream if they had to sell their house at below fair market value.</FONT></FONT></P><FONT size=3><FONT face="Times New Roman"><?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p></FONT></FONT><FONT size=3><FONT face="Times New Roman">I lived in <st1:place w:st="on"><st1:City w:st="on">New York City</st1:City></st1:place> when the decision was made to tear down Pennsylvania Station. It was sad to see it go.<SPAN style="mso-spacerun: yes"> </SPAN>A feeble effort to preserve the station was made, but the preservations could not find the money to buy it. Equally important, they could not find the money to maintain it, which was a bigger challenge. <SPAN style="mso-spacerun: yes"> </SPAN>And neither could <st1:City w:st="on"><st1:place w:st="on">New York City</st1:place></st1:City>, which at the time was copping with serious financial problems that nearly drove it into bankruptcy a little more than a decade latter. Readers should remember that the federal government eventually had to bail out the Big Apple. <o:p></o:p></FONT></FONT> <P mce_keep="true"> </P>
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