Why Manistee has had a tough time selling city-owned lots

MANISTEE – The City of Manistee has several properties that have been for sale for 20 years, and although some have recently been sold, restrictive covenants have made it difficult to find buyers for the properties.

During Tuesday’s Manistee City Council meeting, the council voted unanimously to approve the sale of a city-owned lot in Renaissance Park in the township of Manistee, dubbed “Renaissance Lot 1.”

Despite approving the property, council members had questions and concerns about the restrictive agreements and how they may make it difficult for the city to sell some of the properties Manistee owns.

Source link

Also Read :  Kyodo News Digest: Sept. 22, 2022 -3-