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December 14, 2019
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Cleveland Scene

U.S. Rep. Rashida Tlaib Joins Those Calling for Investigation Over Whether Political Donations from Dan Gilbert Influenced Tax Break

ClevelandScene
click to enlarge Rep. Rashida Tlaib joined calls for an investigation into whether political donations from billionaire Dan Gilbert influenced the designation of “opportunity zone” tax breaks in Detroit following a lengthy ProPublica report published last month. Three swaths of land where Gilbert owns dozens of properties got the opportunity...
Cleveland Scene

Congress Members Call for Investigation After Reports on Dan Gilbert, Opportunity Zones

ClevelandScene
Following ProPublica’s bombshell Oct. 24 report that found several swaths of downtown Detroit received “opportunity zone” tax breaks after Dan Gilbert made a donation to the Trump administration, three legislators called for the treasury inspector general to investigate the matter. Sen. Cory Booker, Rep. Emanuel Cleaver, and Rep. Ron Kind...
Cleveland Scene

Dan Gilbert’s Companies Call ProPublica Report Fake News Without Challenging Much of the Reporting

ClevelandScene
Quicken Loans founder Dan Gilbert’s Rock Family of Companies is on the defensive after ProPublica published a big investigation that found swaths of downtown Detroit, a high concentration of wealth where Gilbert owns dozens of buildings, got an “opportunity zone” tax break meant for impoverished areas after it donated to...
Cleveland Scene

How a Tax Break to Help the Poor Went to NBA Owner Dan Gilbert

ClevelandScene
ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. Billionaire Dan Gilbert has spent the last decade buying up buildings in downtown Detroit, amassing nearly 100 properties and so completely dominating the area, it’s known as...
Cleveland Scene

Jack Casino’s Proposed Pedestrian Bridge Gets Green Light From Cleveland Planning Commission, Final Approval Still Awaits

ClevelandScene
click to enlarge After receiving approval from the Near West/Downtown Design Review Committee yesterday, the Jack Casino’s proposal to build a second pedestrian bridge, this one above Ontario connecting the May Company building and parking garage to the Higbee Building, passed the planning commission this morning on a 4-2 vote....
Cleveland Scene

Dumb as Rocks: Q Renovation Will Do Precisely What Leaders Feared

ClevelandScene
Courtesy: Cleveland Cavaliers Given the calamitous, jaw-dropping stories exploding daily from both the administrations of Cuyahoga County Executive Armond Budish and Cleveland Mayor Frank Jackson — to whom one longtime political observer recently referred as “Tweedledee and Tweedledum” — it might be tempting to look upon the upcoming completion of...
Cleveland Scene

Data Breach by Dan Gilbert-Founded Online Sneaker Marketplace StockX Exposed Millions of Customers’ Data

ClevelandScene
Daniel J Macy/Shutterstock StockX, a Detroit-based online marketplace for sneakers, experienced a data breach — and the breach may have exposed its customers’ personal information. The company said in a message on its website on Monday that it launched a forensic investigation following the incident. “Though our investigation remains ongoing,...
Cleveland Scene

Dan Gilbert Discharged From Hospital Three Weeks After Suffering Stroke

ClevelandScene
Cavs owner Dan Gilbert has been discharged from the Michigan hospital where he was treated for and recovering from a stroke he suffered in late May, Deadline Detroit reported today with confirmation from the hospital. A spokesperson declined to elaborate to the outlet on what day exactly he was discharged...
Cleveland Scene

Feds Reach $32.5 Million Settlement With Quicken Loans in Mortgage Fraud Lawsuit

ClevelandScene
Almost four years after the U.S. Department of Justice filed a lawsuit against Quicken Loans alleging that the mortgage lender violated underwriting rules, causing tens of millions of dollars in losses to the government in FHA-backed loans, the two sides have reached a settlement. While the Feds had been targeting...
Cleveland Scene

County Preparing to Borrow Even More Money to Pay Cavs for Arena Repairs

ClevelandScene
click to enlarge The Rocket Mortgage Fieldhouse, nee Quicken Loans Arena Cuyahoga County Council may borrow roughly $40 million to pay the Cleveland Cavaliers for capital improvements now underway at [Rocket Mortgage Fieldhouse] and to reimburse the team for projects already completed. Under the terms of the Cavs lease, the...
Break'n News Cleveland Scene

Cavs Owner Dan Gilbert Suffers Stroke

ClevelandScene
Tuesday, May 28, 2019 Cavs Owner Dan Gilbert Suffers Stroke Posted By Sam Allard on Tue, May 28, 2019 at 8:03 AM click to enlarge Cavs owner Dan Gilbert suffered a stroke this weekend, the team announced Monday, and is now recovering at a hospital near his home in Michigan....

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