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Totally backward way to view buildings . Maybe (possibly) not even the councils fault. Hackney sold off so many places to cover holes in budgets. I lived in broadway market in middle of 2000’s and they sold off so many shops and buildings round there at the time, they’d obviously never own again.
Simpson-
Here's the story, which I read a while ago after walking past them:
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Totally backward way to view buildings . Maybe (possibly) not even the councils fault. Hackney sold off so many places to cover holes in budgets. I lived in broadway market in middle of 2000’s and they sold off so many shops and buildings round there at the time, they’d obviously never own again.
It was a deeply frustrating time, with the sell-offs imposed on Hackney by the then Government (when the sales didn't raise all that much and they could easily have extended the bailout--completely corrupt), and of course you know what happened on Broadway Market. It was the start of the damaging acceleration of the housing 'boom'.
tbc
Oliver Schick
These ones on Castle Lane in Westminster are all empty too. The developers apparently had approval from Westminster Council to renovate them but haven't yet - I think because they are designated as much-needed social housing but they're going to try to sit on the land till the value has increased even more then sell them.