The Berkeley's value is today.  The deal has been just finalized.  You are 
comparing that to Convention Hall.  The 3.5 million is from when?


----- Original Message ----
From: wernerapnj <[EMAIL PROTECTED]>
To: AsburyPark@yahoogroups.com
Sent: Wednesday, February 28, 2007 9:32:46 AM
Subject: [AsburyPark] Re: Another Done Deal

--- In [EMAIL PROTECTED] ups.com, "Fred" <asburydogma@ ...> wrote:
>
> Asbury hotel bought for $16M
> 
> Berkeley-Carteret to reopen shortly
> Posted by the Asbury Park Press on 02/28/07
> BY NANCY SHIELDS
> COASTAL MONMOUTH
> BUREAU
============ ========= ========= ========= ========= =

BC-Hotel, built 1925, Private Property = $16M

Convention Hall, built 1929, Public Property = $3.5M

Is something wrong with this picture?

Werner





 
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