The hotel renovation received a bumper helping of public money from local, state and federal coffers.💰

I’d love to see a breakdown of how the investment of public funds has benefited children in SLPS & everyday St. Louisans VS. the Development Industrial Complex.

#CorpWelfareHotel
#LastHotelSTL

I rewatched the BOA committee hearing on the tax abatement for the #LastHotelSTL a few months ago. Truly depressing.

The city has displayed no desire to evaluate the performance of projects receiving tax breaks; hotels stand out as a particularly bad investment of public money.

Hey #LastHotelSTL,
Can you also return the local, state and federal public money that your gobbled up from the Golden Corral buffet of corporate welfare?
#aHotelTooFar

City of St. Louis YouTube is invaluable for documenting the deliberations of the Board of Aldermen.
Watch the 11.30.16 #HUDZ public hearing (1 of 2) on the #LastHotelSTL
SLDC & Husch atty make the pitch on behalf of the developer for 15 years tax abatement.
Url to 2:13:30.
youtu.be/kCFTap6WPys?...

There’s something funky about the post-renovation assessment values for #LastHotelSTL (image 3, from GeoStLouis)
I’d like to see SLDC’s financial analysis for the 15 year tax abatement.
The #DeadbeatDeveloper owes 2023 & 2024 property taxes.
cc @stephkukuljan.bsky.social

Another failed corporate welfare hotel #LastHotelSTL

"Qualizza has been in a yearslong dispute with his business partner Neil Freeman over hotel operations.
A federal lawsuit filed in 2021 by their lender U.S. Bank over allegations they defaulted on a $12 M construction loan is still ongoing."

Judge orders closure of the Last Hotel on Washington.
A man claiming to be the hotel’s co-owner isn’t named in the report. 👀
Tax breaks awarded to the hotel developer included tax abatement, MO & federal historic tax credits, New Markets Tax Credits…& more. #LastHotelSTL

youtu.be/GnoHiRXI5J4?...