.. i've read Gilbert is a Republican supporter .. it's good to read positives about Detroit's recovery, many are getting stuck in optimistically, which is great to see ..
Pension Deal Edges Detroit a Step Closer to Recovery
By MONICA DAVEYAPRIL 15, 2014
Detroit’s pension boards and a retirees’ group say they have reached tentative agreements with the city that could serve as a breakthrough in its quest to settle with its major creditors and propel itself out of bankruptcy before the end of the year.
Rachel Lutz opened her first store, the Peacock Room, in 2011. The spot had traditional selling points — foot traffic, original 1920s architectural details and a spacious window for displaying her wares — but what sealed the deal was an unusual perk: a private security force. Credit Joshua Lott for The New York Times
DETROIT — Ask business owners what it is like to operate in Detroit and you will hear comparisons to the Wild West or a third-world country. They often mean it as a compliment.
“You can do things here that would be impossible in a more functional city,” said Andy Didorosi, 27, an entrepreneur who housed his first business, a car repair shop, in a vacant airport hangar that he rented for $300 a month. The arrangement ended when the Federal Aviation Administration caught on that Mr. Didorosi, then a teenager, did not actually own an airplane.
[...]
For some entrepreneurs, Detroit’s mix of problems, opportunities and resources makes it irresistible. After buying his sprawling warehouse 17 years ago, Mr. Naimi wondered what to do with it. An ad he placed in the local alternative weekly advertising cheap, raw space drew an inquiry from a company looking for a place to process garbage. Mr. Naimi obtained a permit and entered the trash business.
His most successful enterprise, Green Safe Products, which sells biodegradable food service supplies, is lucrative enough to let Mr. Naimi spend most of his time running a nonprofit, Recycle Here, that he started seven years ago to fill a gap: Detroit is the largest city in America without municipal recycling.
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