Did Macys sell ?

4,202 Views | 44 Replies | Last: 18 hrs ago by PS3D
Hornbeck
How long do you want to ignore this user?
AG
Well, you can bet, if I'm bidding on it, the cost to renovate it is going to be subtracted from whatever I might have wanted to bid.

I'm wondering if there haven't been any bids? Would seem like the city would want some kind of positive press (given recent events) if there were any.
maddiedou
How long do you want to ignore this user?
AG
I have to disagree a little bit

They city will sell for a mil and spend 5-6 mil on the remediation and rebuild

Just my opinion. And who knows if I will be right or wrong .
maddiedou
woodiewood
How long do you want to ignore this user?
Macy's announced this morning that they are closing another 140 stores across the county. I would expect some or our city fathers would look to purchase a few of those buildings. You just can't have enough old and vacant 100,000+ square foot building in dying malls.
maddiedou
How long do you want to ignore this user?
AG
Hornbeck said:

Well, you can bet, if I'm bidding on it, the cost to renovate it is going to be subtracted from whatever I might have wanted to bid.

I'm wondering if there haven't been any bids? Would seem like the city would want some kind of positive press (given recent events) if there were any.


From what I heard no bids were given after they looked

Thats all I am saying because I am repeating something with no knowledge of the situation because I habe not seen it or the reports of the inside
maddiedou
woodiewood
How long do you want to ignore this user?
maddiedou said:

Hornbeck said:

Well, you can bet, if I'm bidding on it, the cost to renovate it is going to be subtracted from whatever I might have wanted to bid.

I'm wondering if there haven't been any bids? Would seem like the city would want some kind of positive press (given recent events) if there were any.


From what I heard no bids were given after they looked
I would not expect any in a dying mall for 100,000+ SF.. Investors normally need some assurances of positive cash flow.
Hornbeck
How long do you want to ignore this user?
AG
Wow.

Dudes selling distressed property - 7.3 M (minus broker fees)
Local Yokel City Council - 0
PS3D
How long do you want to ignore this user?
In the Northgate thread, I suggested that it becomes the new Dillard's building (after extensive inside and outside renovations) with the existing Dillard's (the womens/kids one) becoming an indoor entertainment district, solving the Macy's question and the Northgate question at once.
maroon barchetta
How long do you want to ignore this user?
PS3D said:

In the Northgate thread, I suggested that it becomes the new Dillard's building (after extensive inside and outside renovations) with the existing Dillard's (the womens/kids one) becoming an indoor entertainment district, solving the Macy's question and the Northgate question at once.


This is Kramer, with the plan to renovate the rotating restaurant in NYC, that he doesn't own.
techno-ag
How long do you want to ignore this user?
AG
maroon barchetta said:

PS3D said:

In the Northgate thread, I suggested that it becomes the new Dillard's building (after extensive inside and outside renovations) with the existing Dillard's (the womens/kids one) becoming an indoor entertainment district, solving the Macy's question and the Northgate question at once.


This is Kramer, with the plan to renovate the rotating restaurant in NYC, that he doesn't own.
It's a better idea than any we've heard from the city.
Trump will fix it.
PS3D
How long do you want to ignore this user?
maroon barchetta said:

PS3D said:

In the Northgate thread, I suggested that it becomes the new Dillard's building (after extensive inside and outside renovations) with the existing Dillard's (the womens/kids one) becoming an indoor entertainment district, solving the Macy's question and the Northgate question at once.


This is Kramer, with the plan to renovate the rotating restaurant in NYC, that he doesn't own.
Uh huh. Tell that line to all the people in the Northgate project thread.
Refresh
Page 2 of 2
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.