Whitefish Bay, Whitefish, Lake Drive discussed on Steve Scaffidi

Automatic TRANSCRIPT

I want to revisit he story. We talked about about a month ago. My basic premise is this. If you buy something you own it, and as a general rule, I don't think government should be telling you what you can do with it. Here's the story. Whitefish bay wonderful community. I lived in whitefish bay for about thirty years. So I I love whitefish bay, and I actually found city hall to be relatively easy to deal with some people might disagree. But I never had any problems. They have this ordinance. Well, let me just be direct about what's going on. Here. Got a really rich guy who owns a house on lake drive. Right. He's got an offer to buy his property. He wants to sell his house. What he's done is. He's bought the house next door to his right? It's this big old house that was built by a famous architect. It was built in nineteen twenty eight it's on whitefish Bay's historic registry. All right. So this is the house next door to his he buys the house. The problem is that the house is in pretty much disrepair to house has mold. It has all sorts of structural issues to it it needs new, wiring, etc. Etc. You probably have to put over a million bucks in it. Just the kind of renovated and even if you do that you've got an older house. Plus the way it's situated on the house. It situated wrong. So you don't get much review of the lake position. The house one way you've got the massive use of the lake that's not the way the houses position. So he buys the house. He wants to tear down the house, and what he wants to do is he wants to tear down the house, and he wants to build a modern house that he can live in on that spot. Whitefish bay has this ordinance which says that you can't tear down this house unless you have made good faith efforts to try to sell the house to someone who is willing to either restore or relocate the structure, and the estimates are it'd be to to do that to relocate the thing it would take about two point nine million dollars. Well, nobody's going to do that. Restoring it again, nobody leaves his position is nobody's going to restore this because it's going to take it for all you'd have to put into to restore this to get this old house into a place that you wanna live in it would be millions of dollars. And then even so it's the house isn't in the right place on the property. So nobody's going to do that. So he wants to tear it down last week, the whitefish bay village board said, Nope. We don't believe you've made a good faith effort to try to find a buyer. So we're not gonna let you tear down this house. All right hour, number four one four seven nine nine one six twenty that is the accurate mortgage, talk and text line. Now, I don't want to talk about the board's decision as to whether he made a good faith effort to find a buyer or not I want to talk more about the overall concept of if you buy a property, should you be able to do what you want with it. Now. This ordinance is on the books, and you can make an. Argument again that you know, he shouldn't have bought this property, you know, knowing that they could tell him. No that he wouldn't be able to do what he wanted to do with it. So I mean, I understand the ordinances there, and I'm not necessarily sympathetic with the guy because if it was me, I wouldn't have sunk all this money into buying the place unless I was sure that I'd be able to do what I wanted to do. But that's not to me. The most interesting story. The interesting question is all right should local government be telling you if you've purchased a property that you can't tear it down four one four seven nine nine one six twenty. That's the accurate mortgage talk and text line. Now, the local government clearly you've got zoning rules. You've got construction rules..

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