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Local News

MITCH RASANKSY IS A SHREWD LANDLORD

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Mitch Rasansky made a comment this morning in the Economic Development Committee meeting that got a good laugh. Background: Councilman Rasansky is known to have owned some properties that, shall we say, were fixer-upers. And he rented those place to people. A FBvian in attendance tells us what went down:

During this morning’s meeting, Rasanky reminisced about how, once upon a time, houses in Uptown didn’t have floors. Folks put rugs and linoleum “right on the dirt.” How did Rasansky know? “I used to go there to collect rent,” he quipped.

About half the Council and a few developers in the audience were slapping their knees.

Rasanky said he bought the places in Uptown for 80 cents a square foot and sold them for $20.

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