Allen Johnson wonders the same thing I do about Greensboro slumlord Bill Agapion: how does the man sleep at night?
In addition to his sleep habits, I have to wonder what he and his cut-from-the-same-mold daughter, who is the heir-apparent to the Agapion holdings, talk about when they slither into a room to have a meeting?
"Hey Dad", says daughter Irene Palamaris, "if we extort that $1.6M from the City for our Cedar Street properties, what area of town should we take down next?" "Our plan (NW Observer) for Summerfield is going pretty well, and the surrounding property values are dropping right on schedule. Should we put that money up there?", she asks.
"Now sweetie-pie", cautions the crusty old fedora-wearing man, "we have to stick to the plan." "We only bought that Summerfield shopping center in 1996, the area around it has not rotted away enough yet to fit our pro-forma. Give it three more years.", he cautions... and then a light bulb goes off in his always-scheming, pointy little head, "...How's about the S. Elm area below Lee Street? That area couldn't decline much more than it already has, but we haven't had our way with it yet. Anyway... the city is going to want it real bad in the near future. I smell an opportunity for more ransom money."
"You are a brilliant man, Dad", answers Agapion's admiring progeny, "Let's see if we can buy the Old North State Flour Mill and surrounding parcels with the City's money. I'll make the proper inquiries."
8:18:41 AM 
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