NEver post when you just got your hiarcut and the salon is more like a
saloon. Good cheap bottle of wine and pocket pc with a tiny keyboard.
To translate what I meant was:
1. The Cherts dump $16m in to the berk just to buy it.
2. Possibilities of the fate of the berk:
a)a good dose of white paint, new awnings and some cool lighting
b) it gets knocked down and ground up to make make way for a new
hotel/condo complex....given the fact that you can cover 100% of the
lot in the zone - there's wasted ground AND air space. They can do this
and pocket another $80million.
c)They can be nice, fix a couple broken windows and operate it as a
hotel.
d)They can do a real nice makeover and operate it as a first class
hotel. Does it pay to pump $50 million into it - doubt it. But it's not
my money.
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