I wonder what it would cost to place billboards next to their other
properties warning prospective owners they could lost their deposits
and leaving them up until Metro does something about this situation?
That would certainly be a bit more incentive to act...
--- In AsburyPark@yahoogroups.com, "justifiedright"
<[EMAIL PROTECTED]> wrote:
>
> John,
>
> I had a client with a contract on an Esperanza unit. About 2
months
> ago I took her out of the contract and got her $65,000.00 deposit
> back.
>
> The reason I counseled her to get out of the contract was that
Metro
> could not show me a deposit bond protecting the deposits.
>
> They tried to convince me they had one. They kept sending me a
> sample, and I kept telling them I wanted proof that one was
> purchased. They gave me several excuses, but no bond, so I took my
> client out and got her money back.
>
> Just curious: Did you or your attorney ever get a copy of a bond?
>
> Thanks- Tommy.
>
> --- In AsburyPark@yahoogroups.com, "John C. LiDestri" <john@>
> wrote:
> >
> > --- In AsburyPark@, "oakdorf" <oakdorf@> jrcote:
> > >
> > > "release me and let me go..."
> > >
> > > Song by many...
> > >
> > > "release my money, mr metro, and let me go
> > >
> >
> > nicely done!
> >
> > nothing from metro yet.....hopefully this will not drag out too
> long
> > for the sake of the people who believed in AP and Metro enough to
> > put deposits down on the Esperanza or the citizens of AP who have
> to
> > live with the eyesore of an inactive contruction site. This is a
> > huge turn of events for the AP waterfront and I feel the final
> > outcome is going to be highly dependent on how the banking,
> retail,
> > and housing markets rebound......everyone seems to be sitting
back
> > and waiting. As they say....timing is everything, very bad
timing
> > for Metro.
> >
> > If this project is not a viable one for Metro, how could it be
for
> > others? I guess if it is forclosed on a new developer could come
> in
> > and try to "steal" the property from the bank for pennies on the
> > dollar? You would think whoever is financing Metro is going to
> take
> > a major hit? Once the project is foreclosed on, if that is its
> > fate, the new developer is most likely going to have a difficult
> > time getting the same 70 contracts signed.....70 out of 224 at
> this
> > stage of contruction and in this market would seem to be a
> > reasonable number. On a cost per square foot basis they were
also
> > getting a pretty high number, especially the units with an ocean
> > view.
> >
> > I am personally still committed to the area and the main draw for
> me
> > has been what has been done away from the waterfront with the
> > arrival of entrepreneurs who have opened unique shops and great
> > restaurants, as well as the people that have come in to the
> > community and have bought or rented homes and have restored them
> to
> > their original beauty.
> >
> > What is scary for me is if the economic slow down will create a
> > siutation where things could actually move backwards in
> AP.....this
> > is one hesitation. As Dan S has pointed out, AP partners also
> plays
> > a big role in the viability of the redevelopment and unfortunalty
> > with them still in the picture this also makes me nervous. I
wish
> > they would just sell out at a reasonable profit and move on! We
> > should start wearing t-shirts saying Stop being Pigs Partners or
> > something like that. Them actually trying to be pigs is actually
> > working against them as it is inhibiting the growth and activity
> in
> > the area. What a shame.
> >
> > John
> >
> >
> > >
> > > "Release Me"
> > >
> > > Hey please release me, let me go
> > > And for I don't love you anymore
> > > To waste our lives would be a shame (my money...)
> > > And release me and let me love again (love = buy)
> > > Oh I have found a new love dear
> > > And I will always want her near
> > > Her lips are warm while yours are cold (north beach)
> > > And release me my darling let me go (my money, dean)
> > >
> > > Please release me, let me go
> > > And for I don't love you anymore
> > > And to live our lives would be a shame
> > > And so release me and let me love again
> > >
> > > So please release me, let me go
> > > And for I don't love you anymore
> > > And to live our lives would be a shame
> > > And so release me and let me love again
> > >
> > > Hey please release me
> > > And for I don't love you anymore
> > > To live, excuse me, would be a shame
> > > And so release me and let me love again
> > > So release me and let me love again
> > > Let me go, let me go
> > > (return my money, my money, my money..)
> > >
> > >
> > > Way to much time in pennsylvania...
> > >
> >
>
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