Brian Sanchez+FollowDetroit’s Palmer Park faces crisis after investor exitPalmer Park’s historic apartment buildings are now in limbo after out-of-state investors bought up the neighborhood, then let properties fall into disrepair. Residents have dealt with broken doors, no heat, and months-long waits for basic repairs—while some buildings are so neglected they couldn’t even attract a single bid at auction. The unique architecture and community vibe of Palmer Park are at risk, and neighbors are left wondering what it’ll take to restore the area’s former charm. What do you think Detroit should do to protect neighborhoods from speculative investment gone wrong? #RealEstate #Detroit #PalmerPark00Share
megan01+FollowDetroit’s Palmer Park left in limbo by failed investorsPalmer Park’s historic apartment buildings are now at risk after out-of-state investors bought up the neighborhood, only to abandon it. Nearly two dozen buildings sit empty or in disrepair, with basic needs like plumbing and security ignored. Residents have shared stories of broken doors, no heat, and stolen belongings—while the company behind it all, Urban Communities, has vanished, leaving unpaid bills and lost security deposits. This isn’t just about bad business; it’s about the future of a one-of-a-kind Detroit neighborhood. What do you think it’ll take to bring Palmer Park back to life? #RealEstate #Detroit #PalmerPark00Share
