The "you didn't build that" rhetoric is about to get old.
The first guy that started the business jumped through hoops, promised his first born child, paid the inspectors, planning boards, etc his profits for a year or so to get it built. Then the bank examiners, the regulatory boards,the unions, all got their cut. Then the government and all their wisdom changed every regulation possible and the deal failed. It sits on the market, no taxes being collected until the city planners and the banks figure it's better to cut it loose than look like an idiot. The next guy buys at a discount and the whole process starts again. After the fifth or sixth takeover. Nobody remembers who started it in the first place.