Council OKs sublease of top floor of Denver Post building.


A tie vote by the council quashed the $9.9 million deal last month, though the group approved it Monday

City of Denver staff can soon move into the top floor of The Denver Post building downtown after the City Council approved the same lease agreement it shot down just a month ago. The deal will allow the city to use the 11-story building’s top floor at a cost of $9.9 million over the nearly 10-year term of the sublease with DP Media Network LLC, the owner of The Denver Post. The measure failed on a tie vote last month, but Councilwoman Jamie Torres, who was absent from that meeting, voted for the measure Monday, and two other councilwomen — Amanda Sandoval and Amanda Sawyer — switched their votes. Council members Candi CdeBaca, Kevin Flynn, Chris Hinds and Debbie Ortega remained opposed to the measure, with CdeBaca calling the revote disingenuous and a flagrant disregard for the concerns raised by council members. But Councilwoman Kendra Black noted that the quick second vote was necessary because the city could lose the sublease if the owner put the property back on the market. Some council members against the measure also questioned whether it is the best use of city money, saying it could go toward affordable housing or homeless shelters.

https://www.denverpost.com/

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