...from the asburyparksun.com
"The requirement to install sprinklers in nearly all of historic Convention
Hall is very expensive we've received quotes for the work in excess of $1
million," said Fusco. "The building is costly to operate it runs at a
significant loss every year and to invest so much additional capital in this
situation is not economically feasible."
-------------
Doesn't sound that much given the size and complexity of CH.
Kind of the reason supermarkets sell milk "at a loss" .
CH was always run "at a loss" . But if you run shows /events - that brings
people who spend money in the boardwalk businesses - and therefore you get to
charge MORE rent and sell more booze.
Sell $2.00 beer all summer.
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