--- In AsburyPark@yahoogroups.com, "oakdorf" <[EMAIL PROTECTED]> wrote:
>
> --- In AsburyPark@yahoogroups.com, "dsher4" <dsher4@> wrote:
> >
> depends on the cost of the land and what you can build.
> That's why, looking at the purchase of the Berk, given all the other 
> factors to "rehab" they did ok buying it. Again, given all the factors 
> around it. Like Location. Opp for liquor and other services they can 
> have there. Banquets etc. 
> 
> And for some reason that place seems to be haunted as well thorugh the 
> years.
>
=====================================================================

I think the hype of creating a premium boutique hotel exceeded the
desire to deliver. Also the lack of regular programming at ConHall
effects the viability of the BH.

Its a good solid building - seems they spent too much on frills and
are now cutting back on basic service.

Werner


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