Author Topic: Detroits Fisher Building goes up for Auction  (Read 4724 times)

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Detroits Fisher Building goes up for Auction
« on: March 10, 2015, 06:30:24 PM »
anybody out there besides the Chinese with a few bucks.. for an iconic Automotive landmark.. ???

Fisher Building Foreclosure: Detroit's Art Deco Masterpiece Heads to Auction

The Fisher's symbolic value in Detroit can't really be overstated. Opened in 1927, it's the masterpiece of Detroit's master architect, Albert Kahn. The dazzling lobby is rivaled only by that the Guardian Building. Because it stands alone in New Center, the Fisher's tower sticks out of the Detroit landscape like the Washington Monument. At night, it's visible for miles.
Perhaps Dan Gilbert will use the opportunity expand his downtown empire into New Center. Even Packard Plant owner Fernando Palazuelo is expected to jump in.
    But then there's DDI Group, the auction-loving Chinese corporation that won the Stott and Free Press buildings in 2013 before letting them rot.
     The Fisher and Kahn buildings might be too much property for them to swallow, but again—just knowing they could make a play is enough to make one shudder.


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