Thursday 16 July 2009

Correction Of The Week

From yesterday's FT:

In an article published on July 6 we said that Harry Hyams, developer of Centre Point, had intentionally kept the building empty to boost its value against potential rent. We accept this allegation is false and without foundation. We apologise to Mr Hyams for any distress and embarrassment caused. We have also agreed to pay his legal costs.

Wow, this'll be news to a lot of the members of the Labour Land Campaign!

1 comments:

DBC Reed said...

I always thought Harry Hyams was waiting about to rent the whole thing to one tenant.There was some thought at the time that a tax on the vacant property might hurry him along a bit or encourage him to let it floor by floor but I believe he was paying a hefty rent for the site anyway.