The agreements between the convention center and the Penn Square Partners must be revisited, since they are so unfair to taxpayers. Eventually they will be; it’s only a matter of time before the elephant in the room can no longer be ignored.
Of course the Penn Square Partners could threaten to close the Marriott. Their bluff should be called, especially since Lancaster City owns the hotel building; a new operator could literally be given ownership of the hotel in exchange for taking over whatever payments remain (something in the neighborhood of $20 million), and taxpayers would come out considerably ahead as long as fair and equitable agreements replace the current legal nightmare.
