This is leftism taken to it's logical conclusion: state seizure of private property, re-distribution of wealth at the whim of the government and those who are politically connected.
Nice summation.
Welcome to the People's Republic of America.
This confirms what has been happening, in Detroit the city cleared out a whole neighborhood, by the river, and while Archer was Mayor his son, was a partner in the company that got the land. What happened here is appalling because the city did it's best to drive the residence of the area out, not even filling a single pothole in the street. Today instead of the old neighborhood maintained. you have an area with two old houses from holdovers, surrounded by new concrete streets, and a couple new houses being built (practically surrounded by barbed wire). Not many are going to buy a house in an area with no real schools, but charges for them any way. The whole mess is typical government redevelopment.
The Mayors son, is about as politically connected as it gets.