Dispute delays redevelopment of Packard plant

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Photo - FILE - In this Jan. 26, 1999 file photo, Dominic Cristini stands outside the Packard Motor Car Co. factory in Detroit. The Detroit Free Press reports, Wednesday, March 5, 2014, that Cristini wants Fernando Palazuelo, the owner of the Packard car plant complex, to pay for a piece of the land that Cristini says he still technically owns. Cristini says he could make a claim of ownership over most of the property. Palazuelo, a developer from Peru, bid $405,000 for the property last year during a tax foreclosure auction. He says Cristini wants $3.5 million and calls it "typical blackmail." (AP Photo/Carlos Osorio, File)
FILE - In this Jan. 26, 1999 file photo, Dominic Cristini stands outside the Packard Motor Car Co. factory in Detroit. The Detroit Free Press reports, Wednesday, March 5, 2014, that Cristini wants Fernando Palazuelo, the owner of the Packard car plant complex, to pay for a piece of the land that Cristini says he still technically owns. Cristini says he could make a claim of ownership over most of the property. Palazuelo, a developer from Peru, bid $405,000 for the property last year during a tax foreclosure auction. He says Cristini wants $3.5 million and calls it "typical blackmail." (AP Photo/Carlos Osorio, File)
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DETROIT (AP) — The owner of Detroit's blighted Packard car plant complex says his redevelopment efforts have been delayed by a dispute with an ex-owner.

The Detroit Free Press reports (http://on.freep.com/MMUC0r ) that Dominic Cristini wants Fernando Palazuelo to pay for a piece of the land that Cristini says he still technically owns. Cristini says he could make a claim of ownership over most of the property.

Palazuelo, a developer from Peru, bid $405,000 for the property last year during a tax foreclosure auction. He says Cristini wants $3.5 million and calls it "typical blackmail."

Cristini's adviser, David Wax, said there are others who also can lay claim to some parcels.

The plant was built in 1903. The last Packard automobile was built there in the mid-1950s. Smaller industrial businesses used it afterward.

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Information from: Detroit

Free Press, http://www.freep.com

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