Apparently the City’s push to “revitalize” by marginalizing lower income folks extends beyond the arena deal. The city is attempting to push out Joe Sun, a longtime fixture of the K Street mall, so that the entire block can be sold to Joe Zeiden, owner of Z Gallerie, for redevelopment into high-end retail. (Note for the literal-minded: the patrons are “lower income,” not the owners: “Joe Sun & Co. has sold blue-collar work clothes to Sacramentans for 88 years”)
Now, I have no clue what commercial real estate is worth, so to me $15 million for that plot does seem ridiculously high. But I think it’s more ridiculous that the city, which has let K street stagnate for years, suddenly wants to force out a 30-year old family business to bring in a high end chain store. With blocks and blocks of empty storefronts down the street. It’s just really sad, is what it is.
Also, this must mean that Zeiden already owns “Records,” the used record store next door to Joe Sun. How sad!