Wayne County's Guardian deal: Right price at the right time? - Los Angeles Local News, Weather, and Traffic

Wayne County's Guardian deal: Right price at the right time?

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Guardian Building  (Credit: WJBK | myFOXDetroit.com) Guardian Building (Credit: WJBK | myFOXDetroit.com)
DETROIT (WJBK) -

The Guardian Building is a huge skyscraper in downtown Detroit. It's even a national historic landmark, one that's costing Wayne County millions and millions of dollars.

The county bought the Guardian Building back in 2008, but was it for the right price at the right time?

Watch Charlie LeDuff's report in the video player above for a closer look at the numbers.

  • Charlie LeDuffCharlie LeDuff

  • Off the Chain Editorial

    Friday, May 17 2013 5:25 PM EDT2013-05-17 21:25:50 GMT
    Following Minister Louis Farrakhan's message on Friday, Fox 2's Charlie LeDuff hit the streets to scrounge around for some available investment properties, and guess what he found?
    Following Minister Louis Farrakhan's message on Friday, Fox 2's Charlie LeDuff hit the streets to scrounge around for some available investment properties, and guess what he found?
  • Thursday, May 16 2013 7:45 PM EDT2013-05-16 23:45:45 GMT
    Fox 2's Charlie LeDuff attended a Detroit City Council meeting.  On the agenda, some questions about a developer who is being allowed to take his time paying back a $19-million dollar loan.
    On Thursday, Fox 2's Charlie LeDuff attended a Detroit City Council meeting.  On the meeting agenda, some questions about a developer with connections to city hall who received a letter that told him he was allowed to take his time paying back a $19-million dollar loan.
  • Wednesday, May 15 2013 11:16 PM EDT2013-05-16 03:16:04 GMT
    Dave Bing might run for Wayne County executive, but a condition is the officer holder must be a county resident. Charlie LeDuff decides to help his old buddy out with a few options on where he can live.
    Dave Bing might run for Wayne County executive, but a condition is the officer holder must be a county resident. Charlie LeDuff decides to help his old buddy out with a few options on where he can live.
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