How much of North Beach is unsold? Because I never see many lights in that
place. And there are a couple of units I keep an eye on (bc they are comps of
my place, sort of) and they have seriously been on/off the market for 3 years.
I am considering turning my place into a rental bc I can't sell.
--- In AsburyPark@yahoogroups.com, "oakdorf" <oakdorf@...> wrote:
>
> The "Brands"
>
> The Stone Pony. In the first Bankrutpcy filing and sale, the arguments were
> for the name , the annex and online use. At least I thought so.
>
> It is a "brand". the original location is where it is but "a look and
> feel" could be duped. I know, it and other "real clubs" can't get that same
> feel. The sounds are in the walls.
>
> You all think the casino. You already have a almost never used venue.
> Convention Hall. Stone Pony Concert Series at the "new" year round stage for
> large events - CH.
>
> I'd guess that somewhere there some doodles done for a SP move to CH somehow.
>
> Wonder Bar. Great name, fun place, location. Can you build up and over it?
> Many of you don't recall how it sat for years boarded and locked up a big
> grey box.
>
> Then there's that face thing. The Tillie "brand". easily duplicated to bars,
> shirts and toilet seats.
>
> Then don't forget the downtown. Sackman's ventures clearly have had a huge
> impact.
>
> As for "empty" condos - that is a real debatable question. Are they really
> empty? You can't find a one bedroom rental. Sure sales at original prices
> have long disappeared, but AP can support and shown support for modern
> rentals in a higher price range.
>
> If someone comes along and follows some current trends in multifamily rental
> design, you should have units from $1000 and up per month easily filled - and
> all in one clevery designed building or groups of buildings.
>
> You'd have to think, out of all the other "developers" over the years who
> thought about AP, I-Star may be the most financially capable...
>
> "...Our prudent approach to our business has historically produced
> measurable results: a strong balance sheet; a well-diversified portfolio; a
> low-leverage capital structure; deep in-house capabilities; a broad knowledge
> base; and a highly disciplined investment process"
>
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