As developer buys up York neighborhood, some residents refuse to sell
“The CEO of several companies buying dozens of homes in a York City neighborhood said he will not use eminent domain to acquire more properties, though he believes he “absolutely” could.
Bill Hynes, known locally for his business relationship with members of the rock band Live and their Think Loud Development projects, said the goal is to own all of the properties on the northern side of East Chestnut Street.
Nearby, Hynes and his business partners are in the midst of a $16.8 million project to renovate a former factory at 210 York St. After that project is done, work will begin on the construction of a 40,000-square-foot data center — at an anticipated cost of $30 million — for United Fiber and Data, a fiber optic company with plans to build an information-transmission line between New York and northern Virginia.”
James, Erin. York Dispatch 1 August 2014.