“Too big to fail”: Inside the city’s $12M deal to save Shaker Square

The City of Cleveland wants to spend $12 million to rescue Shaker Square from receivership, turn it over to nonprofits for repairs, and sell it to a new owner. Some critics, though, say the city is overpaying for the center and it’s a waste of precious tax dollars. With repair needs looming and tenants leaving the square, City Council is set to vote on a deal as early as next week.