michael kelly http://michiganradio.org en Gilbert owns downtown Detroit, but who owns the most private land in the whole city? http://michiganradio.org/post/gilbert-owns-downtown-detroit-who-owns-most-private-land-whole-city <p>Earlier today <a href="http://michiganradio.org/post/dan-gilbert-buys-more-downtown-detroit-property-comments-detroits-potential-bankrupcy">we posted a story with a map</a> of all of Dan Gilbert’s properties in downtown Detroit.</p><p>That got us thinking, who else owns a lot of property in Detroit?</p><p>In 2011, the Detroit News compiled <a href="http://www.detroitnews.com/article/20110203/SPECIAL01/110202002">an interactive map that shows private landownership</a>. Click on each person or company and you can see how much land they own across the city – it’s a lot.</p><p>So who owns the most?</p><p>Michael G. Kelly, an unassuming investor from Grosse Pointe Woods.</p><p> Thu, 20 Jun 2013 16:29:47 +0000 Michigan Radio Newsroom 13155 at http://michiganradio.org Gilbert owns downtown Detroit, but who owns the most private land in the whole city? Report: How land speculators in Detroit make a buck http://michiganradio.org/post/report-how-land-speculators-detroit-make-buck <p><em>"If you walked up to him on the street, you wouldn't know that he was a land baron. He's a guy in blue jeans walking around looking like he's working on somebody's building."</em></p><p>- Detroit city attorney Avery Williams talking about Detroit land speculator Michael Kelly.</p><p>Christine MacDonald of the <a href="http://detroitnews.com/article/20110203/METRO01/102030395/Private-landowners-complicate-reshaping-of-Detroit">Detroit News</a> has a story on how land speculators make money in the city of Detroit.</p><p>MacDonald profiles one of the more prolific speculators, Michael Kelly.</p><p>The business model for a successful land speculator in Detroit is simple - buy a lot of land for a little money, then sit on the property until it sells for more than you paid for it. Thu, 03 Feb 2011 20:34:43 +0000 Mark Brush 1156 at http://michiganradio.org Report: How land speculators in Detroit make a buck