Werner,
Dan and I always knew the plan. We can read like everyone else.
What we are "figuring out" as you inartfully suggest, is whether
Asbury Partners is staying or going.
There was no proof of them staying in the past. In fact whether
they would flip and run has been a constant source of debate
throughout the City and even on this board for years, with no clear
answer because there was no evidence of their intentions either way.
Now that they are using eminant domain going west (as far West as
Grand with the Felix Fox building) and obviously selecting just
commercial properties regarding Pat, we have for the first time
EVIDENCE that they intend to stay and control commercialism.
See the difference there Werner? We knew the plan, the question was
whether they would carry it out.
Prior to this month, because they spent little to nothing on
commercialism, there was no proof either way if they were staying or
going. Now there is. The evidence suggests (not proves, but
suggests, since we are devining intentions here) that they are
staying.
Now about those redevelopment credentials of yours....
--- In AsburyPark@yahoogroups.com, "wernerapnj" <[EMAIL PROTECTED]>
wrote:
>
> Tommy, HAAA,,HAAAA,ROTFL,LOL, HAAAAAAAAAaaaaa
>
> You've got me cracking up there. Ha Ha Haaaaaa
>
> It took you 4 years to figure this out.
>
> Well, better late than never..........
>
> .....actually we should NEVER have gotten to this point.
>
> Werner
>
> --- In AsburyPark@yahoogroups.com, "bluebishop82" <bluebishop82@>
> wrote:
> >
> > I used to have a fear that Asbury Partners would walk away from
the
> > beachfront buildings after making the condo money. After
learning
> > more I've corrected that.
> >
> > The goal of Asbury Partners seems to be that they wish to
control
> > every commercial establishment from the beach to Grand Avenue.
> They
> > are are going to control the commercial properties in the fast-
> track
> > condo buildings too.
> >
> > Recent eminant domain proceedings against all of Pat Fasano's
> > properties (which seems unusally selective since they are so
> > disparate and far apart) by Fishman confirms the latter's desire
to
> > control all business there.
> >
> > Accordingly, I don't think they plan on never fixing the beach
> > buildings. I think they plan to do it a bit at a time with
condo
> > profits as the condos are sold.
> >
> > Imagine when you try to open a business on the beach and you
don't
> > like the lease terms. You go 7 blocks down and you run into the
> > same landlord. You go 3 blocks west and you run into the same
> > landlord.
>
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