We want to lease out the building. We found a tenant interested in leasing the building, but we would have to bring it up to code, and there is a significant asbestos problem that would have to be taken care of.

The county is securing a lease from the federal government, and they in turn are leasing it to me for 25 years. It lets us invest privately into something like this when we have the ability to play for a while here.

It's good to have Fenwick and West as a new tenant in the building.

The problem was, Katrina was on television 24 hours a day. It was in every paper. The homeless problem is kind of an unseen problem. People don't commonly bump into homeless people. They don't see the problem.

Ed, there's someone who's very, very interested in your building. Would you be interested in selling?

We want to sign the lease as soon as the building is up to code. The city has been phenomenally supportive and extremely creative in making this happen.