The PSBJ was just explaining "debtenfreude" to us--the delight you take in another's real estate misfortune. Now we have a word for how we feel after reading this headline: "Economy eats into funds for Thunder arena project." The AP says "the tax approved by voters as a way to lure the NBA's Seattle SuperSonics to town--where they were renamed the Thunder--has produced $4.2 million below projections." Seattle leadership has gotta be happy they're not knee-deep in a Key Arena renovation right now.
Continue reading "OKC Arena for Thundercats Rattled by Recession"

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