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a Yale college alum named Joel Schiavone,
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who is an irascible and brilliant fellow.
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He has the same educational pattern as Jim Alexander here,
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Yale College, and Harvard Business School.
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He bought--it was a slum, all these--
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this whole area down here was a commercial slum.
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The buildings were in disrepair,
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they were being used for very marginal purposes,
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and he bought the whole thing up for not very much
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and began renovating it.
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The renovation model was small retail.
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Small retail with quality residential