--- In AsburyPark@yahoogroups.com, [EMAIL PROTECTED] wrote:
>
> In a message dated 11/6/2007 11:27:38 A.M. Eastern Standard Time,
> [EMAIL PROTECTED] writes:
>
> I have always said that keeping that property in public control,
for
> example leasing it to operators, would have been the best approach
> instead of a sale.
>
It was in Public Property. It didn't work and it cost the city money -
it was a big circle.
Governments should run government, not businesses. All those plans
were meant to SAVE the buildings, bring in development and people. It
was one failure after another.
Look at AC. It has taken since 1978 to get the point were it is
today. Actually, AC is in its 2nd or 3rd "redevelopment" cycle - or
still in their first.
Sands came down, Marina district booming, another pier/casino/hotel
planned by international company of over 1million sq ft, lead roads
filled with motels...entertainment detination, family destination
developing.
In a bit over an hour, you can be at the Borgata.
They need to comp better.
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