A friend alerted the Ol' Man and I to this great blog post about the Corti's debacle.
"Teel is the presumptive heir to the Raley's Grocery Store fortune, news accounts always say, though his rather unceremonious departure as CEO of that chain of stores a few years back has many people wondering if the family would prefer to give all the money to the Hare Krishnas, rather than him.
Smiling at the demise of Corti Brothers?
But if anyone was surprised by this, they didn't watch what this same man did at Prosper Magazine last year, the magazine of which he was the major owner/publisher."
I didn't realize that Michael Teel was the owner of Prosper during its rebirth and demise. Having had a friend who worked for them as part of the reinvention of the publication I can tell you that she had no clue the end was nigh when she was hired for their redevelopment.
This guy seems like such a slime! It gives me hope that the majority of the comments on the Bee's articles about this issue support Corti's and recognize the lameness of this situation. The more I think about it, it galls me Teel was actually working to redevelop a site that sorely needed it and now rather than breathing new life into the Andiamo building he's leaving the eyesore empty and driving his competitor out of business.
Like many who have posted on the Bee site I will be boycotting Teel's new project. I just hope that Bee readers who chose to post on this issue have the same resolve.