Letter: Considering its $7M penthouse, perhaps the tax break for Block 9 was a mistake

An artist's rendering of the Block 9 building in downtown Fargo at night. The residential portion of the building, condominiums and a penthouse, will be on floors 15-17. The building is currently under construction. Condominiums are listed for sale at nearly $3.8 million and $1.7 million. The penthouse, which is not publicly listed, could sell for $7 million or more.
An artist's rendering of the Block 9 building in downtown Fargo at night. The residential portion of the building, condominiums and a penthouse, will be on floors 15-17. The building is currently under construction. Condominiums are listed for sale at nearly $3.8 million and $1.7 million. The penthouse, which is not publicly listed, could sell for $7 million or more.Contributed photo

I'm writing in response to Mike McFeely's well-written story about the Block 9 penthouses published Jan. 12.

I think the city of Fargo gave some large tax breaks for Block 9, which now has eight expensive condos and one penthouse at $7 million. If a person earning $20 per hour would set aside their whole salary of $40,000 to buy the penthouse, it would take 175 years to gather up $7 million.

There are about 100 homeless people who need a place to sleep each night. If the tax break for Block 9 were to be used to house the homeless it would make more sense. The people earning $40,000 a year deserve a tax break more than Block 9.

Something is wrong with this system that gives tax breaks to multi-millionaires that must be paid for by people making $20 per hour.