We noted yesterday that the only apparent remaining hope for completing this year the sale to private investors of numerous state buildings rested with seven temporary justices of the California Supreme Court who were appointed to decide Governor Schwarzenegger’s writ petition seeking to compel the Sixth District Court of Appeal to lift its stay of the sale.
This afternoon, the Supreme Court summarily denied the writ petition and the request for immediate relief from the stay. Because the Court of Appeal yesterday scheduled oral argument for late next month in the case challenging the sale and continued its stay in effect, the sale seems dead for this year. The Governor has expressed the fear that a delay until next year, when a new governor takes office, could be fatal to the sale.
