[AsburyPark] A Lesson in This?
The Pier Shops at Caesars handing keys to lenders ATLANTIC CITY The owner of the upscale shopping mall that juts out over the ocean in Atlantic City is preparing to hand over the keys to lenders. The owner of the Pier Shops at Caesars has defaulted on a $135 million loan. Taubman Centers Inc. now estimates the mall is worth just $52 million. A Taubman spokeswoman tells The Press of Atlantic City the lender takeover could be completed by the end of the year. Analysts believe the lenders will try to sell the property as quickly as possible rather than operate it themselves. It opened four years ago, hoping to bring luxury shopping and designer glitz to a Boardwalk best known for T-shirt and pizza joints. Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: asburypark-dig...@yahoogroups.com asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
Re: [AsburyPark] A Lesson in This?
Ahhh I told my fiance 2yrs ago this place would be gone in 5yrs, I was a little off Sent from my Verizon Wireless BlackBerry -Original Message- From: dfsavgny dfsav...@yahoo.com Sender: AsburyPark@yahoogroups.com Date: Wed, 08 Sep 2010 17:05:22 To: AsburyPark@yahoogroups.com Reply-To: AsburyPark@yahoogroups.com Subject: [AsburyPark] A Lesson in This? The Pier Shops at Caesars handing keys to lenders ATLANTIC CITY The owner of the upscale shopping mall that juts out over the ocean in Atlantic City is preparing to hand over the keys to lenders. The owner of the Pier Shops at Caesars has defaulted on a $135 million loan. Taubman Centers Inc. now estimates the mall is worth just $52 million. A Taubman spokeswoman tells The Press of Atlantic City the lender takeover could be completed by the end of the year. Analysts believe the lenders will try to sell the property as quickly as possible rather than operate it themselves. It opened four years ago, hoping to bring luxury shopping and designer glitz to a Boardwalk best known for T-shirt and pizza joints. [Non-text portions of this message have been removed] Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: asburypark-dig...@yahoogroups.com asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
[AsburyPark] Re: A Lesson in This?
- A couple things. 1. The owners are no dummies. There's plenty of smart money playing with the banks... I know you gave me $135 million and somehow, you really thought our projections were good...but guess what - we (and you) goofed - so work with us...or you can have it 2. By the time you park at caesars and schlep through the casino over the boardwalk and into the mall - your pretty tired. I can use a golf cart to make it upstairs for a drink - at places that are barely worth the effort. Great view - but so does sitting outside CH - or a jetty with a beer and fishing pole. I have to admit, my wife did buy me a pair of sandals from some place there that she thought looked good. I still can't figure out where to wear them. Meanwhile, the outlet center outside (AC) continues to do pretty good. A funny thing happened to AC - competition. Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: asburypark-dig...@yahoogroups.com asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
[AsburyPark] Happy New Year
To my fellow listmates on this Rosh Hashana L'Shana Tova Steve Herman Asbury Tower [Non-text portions of this message have been removed] Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: asburypark-dig...@yahoogroups.com asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
[AsburyPark] Fwd: Re Madison Marquette's iPhone app for Asbury Park
Still, some retail property owners feel that mobile apps are worth the investment and have pursued their development. Just before Memorial Day weekend, Madison Marquette, a Washington, D.C.-based firm with a 10.5-million-square-foot portfolio, rolled out an _iPhone app_ (http://itunes.apple.com/us/app/asbury-park/id373462780?mt=8) for Asbury Park, its 400,000-square-foot lifestyle center in Asbury Park, N.J. The app gives shoppers updates on cultural events happening at the property in addition to informing them of retail sales and providing links to Asbury Park’s _Facebook_ (http://www.facebook.com/TheAsburyParkBoardwalk) and _Twitter_ (http://twitter.com/apboardwalk) pages. Madison Marquette chose Asbury Park for the roll-out because it has a large entertainment component and customers benefit from getting event updates for the center, in addition to using the app to scan for retail discounts. _http://bit.ly/bBAOOA_ (http://bit.ly/bBAOOA) _Mall Owners Work Hard To Keep Pace With Latest Marketing Techniques_ (http://retailtrafficmag.com/management/marketing/owners_keep_pace_marketing_0907 2010/) _http://retailtrafficmag.com/management/marketing/owners_keep_pace_marketing _09072010/_ (http://retailtrafficmag.com/management/marketing/owners_keep_pace_marketing_09072010/) [Non-text portions of this message have been removed] Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: asburypark-dig...@yahoogroups.com asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
[AsburyPark] Sharon Boone invites you to join My Opera
Hi there, Hi there! Sharon Boone invites you to join My Opera. At My Opera you can blog, share photos, keep up with friends and much more. Sharon Boone says: Due to a phishing of my Yahoo Account, I invite you all to continue to contact me, but email me at: teenybo...@verizon.net Sorry for the spam in your mailboxes. The last individual that did this was from China, from what Yahoo explained to me. Join us at http://my.opera.com/community/signup?referrer=9390e3a5922e97ac38653fbeabbcca0a Regards, Sharon Boone http://my.opera.com/sgboone/ -- My Opera [Non-text portions of this message have been removed] Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: asburypark-dig...@yahoogroups.com asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
[AsburyPark] Re: Fwd: Re Madison Marquette's iPhone app for Asbury Park
Iphone apps are about one percent or less of internet access. Well it depends on what you are promoting. Apps on mobile devices will. Continue to grow. I gave up the blackberry. I love the droid. In the near future mobile will replace the laptop or desk as first point of access to the internet or whatever it will be called. Yahoo! Groups Links * To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ * Your email settings: Individual Email | Traditional * To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) * To change settings via email: asburypark-dig...@yahoogroups.com asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/