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The city should reject the developers bid for Rhodes School. If they deduct 418,000 for the demolition of the building and asbestos/asphalt abatement, that means this guy gets that huge piece of land for about 100,000. That's insane. The city could demolish the building and divide the parcel, selling the lots individually and come out way ahead. A buildable lot in Warwick is worth 100,000 and there seems to be room for 27. Do the math.
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