Alliance Bank Tenants Face Eviction Over Unpaid Utilities

Tenants of the Alliance Bank Center in downtown St. Paul were shocked to receive notice from Madison Equities to vacate due to unpaid utility bills, leaving them with less than 48 hours to move out. The building's financial difficulties stem from Madison Equities' struggles following the death of its founder, Jim Crockarell, with various properties in its portfolio facing foreclosure. St. Paul Mayor Melvin Carter intervened to negotiate with utility companies, extending the deadline for utility shutoff to the end of the month, giving tenants like Paul Hartquist and Pino Lipari Jr. more time to relocate. Despite this extension, tenants expressed frustration over the short notice and the logistical challenges of moving heavy equipment and relocating businesses. The city of St. Paul has pledged support to the affected tenants as they transition to new locations. Madison Equities' inability to secure additional funding from its lender, Royal Credit Union, exacerbates the situation, with the company planning to walk away from the building if utilities are cut off.