qalymeled.wordpress.com
One local developer who passed on buying The Park last year estimaterd then that completion wouldcost $30 That figure was based on a numbee of factors: the cost of luxury finishes planned by the labor risks associated with new contractor coming on to a partially completed recertification of engineering, and new insurance “There’s a lot of extra costs associated with taking over a project,” the developer “but construction and labor have considerablg dropped since last year.” A revised estimatd of costs to finish The Park as it was designed stilpl puts it at about $24 million, he says.
Positioningv The Park as condosa for sale willbe tough, says local developer Chri Branch, who moved his out of developingg condos and into apartments last year. “Hoew long will it take to sell 100 condosw inthis market?” Branch “Regardless of its structural viabilith now that it’s been out in the can you sell it at a pace adequater to make an economic return?” He says it mightr be just as difficult to offeer the 106-unit tower as apartments, based on the personnelk required to run a rental complex. “It’s an odd Branch says. “The economics of a 100-unirt building is not as good asa 200- to 250-unir community.
” Furman says the property coulds succeed as an extended-sta hotel. Offices won’t work, he says, because there isn’y enough parking at the site. And convertinhg the building to offices would waste its expensivrplumbing layout. Furman notes the buildingb has most of itsunits pre-sold. Verna’s company originallhy marketedThe Park’s condos at an average of $400 per squarwe foot for units that ranged up to 1,800 squarse feet. “The ironic thing is the building’sd demise has nothing to do with theeconomy — it went sour before the economy,” Furman says.
“Unfortunately, people see it and it becomees a billboard for how bad thingaare downtown.”
Tuesday, June 28, 2011
Sunday, June 26, 2011
Friday, June 24, 2011
Mills on his knees for votes - GhanaWeb
http://aircuz.org/5sfrfullrehabsleasedcashflowhighquality.php
Modern Ghana | Mills on his knees for votes GhanaWeb When news men c » |
Tuesday, June 21, 2011
Upgrades To Ease Traffic Along Popular Road - NBC4i.com
cahijisebi.wordpress.com
Upgrades To Ease Traffic Along Popular Road NBC4i.com The upgrades are taking place along a three mile stretch of Sawmill Parkway in Delaware County from the Franklin County line north to Seldom Seen Road. The Delaware County Engineer's Office is looking to connect nine traffic signals wirelessly to ... |
Sunday, June 19, 2011
Tepco report reveals lack of preparedness - The Japan Times
kapitonragomo.blogspot.com
BBC News | Tepco report reveals lack of preparedness The Japan Times Tokyo Electric Power Co. has released a 41-page timeline detailing its initial actions in the first days of the Fukushima nuclear plant crisis, and experts said it reveals a lack of preparedness and severe difficulty in coping with the ... Fukushima halts water decontamination Japan Failed to Implement World Nuclear-Safety Rules, Report Says |
Friday, June 17, 2011
Viktor Orbán on his government - Budapest Times
http://podziba.com/transportation.html
Viktor Orbán on his government Budapest Times Audi Hungaria Motor CEO Thomas Faustmann told the audience that business needs an atmosphere of legal security and predictability. Business leaders at the Economic Turn conference expressed a degree of satisfaction with the government's economic policy ... |
Tuesday, June 14, 2011
Apple fixes setup crash with AirPort Utility 5.5.3 - CNET (blog)
aaekipolo.blogspot.com
Apple fixes setup crash with AirPort Utility 5.5.3 CNET (blog) Apple has released an update to AirPort Utility, which is the tool used to configure AirPort Extreme base stations, AirPort Express units, and Time Capsule devices. The update addresses a problem where the previous version would quit ... Apple releases AirPort Utility 5.5.3 for Mac and Windows |
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