Bossert deal falls through (page 2)

blondie

The Bossert was remodeled and used to house Bethelites for some years.

Neener neener.

I wondered that the WT didn't fancy it up with discounted JW materials and free labor. Seems they could REALLY make a steal if they do that. Well, in the economy of 3 years ago maybe. Now they'd have to sit on it for a few years.

kerj2leev

Is it me or does anyone else notice the big red phallic symbol in the pic??!!

Know wonder why Jehovah is displeased and has punished the Brothers!!

SnakesInTheTower

kerj2leev:

Is it me or does anyone else notice the big red phallic symbol in the pic??!!

***scrolling back up to look ***

damn...LMAO....it does look that way doesnt it?

here is an even better phallic symbol..Catholic, not WT.....it is really the "Our Lady of the Rivers" statue in Portage De Sious, Missouri, along the Mississippi River:

Snakes ()

alt

http://www.greatriverroad.com/stcharles/stcimages/ladyriver10243.jpg

OUTLAW

"Is that a Banana in your pants pocket,or are you just happy to see me?"......................... Laughing Mutley ...OUTLAW

Quandry

It is a beautiful building, but the window air conditioners look tacky.

Let's hope they are stuck with a building that is draining money from their coffers for awhile.

Mickey mouse

Party 6

Dogpatch

methinks Levine got smart and smelled a $20 million discount somewhere. :-))

Dogz

JeffT

I work in multi-family real estate. Credit for speculative deals is non-existent at the moment, I'm not surprised a deal this big fell through. I AM surprised that the WTBS isn't trying to finance the deal itself (unless I'm mistaken and they don't own the building outright). At 6% interest and a thirty year amortization the payment would be $500K and change a month. That's not chump change. The fact that the WTBS isn't doing something creative suggests they need cash. Bad.

sf

Very interesting.

I've been wondering why I did not receive even an auto-reply from the BrooklynEagle weeks ago.

I emailed them re: this sale and the link to this forum.

Interesting indeed.

sKally

Bossert deal falls through