There's a real reason why pension fund money should be put into secure investments. But not to worry, because "you can't lose" when that pension money is "secure" - not like the average schlep who invested "wisely" only to be wiped out by corp fraud - and to take that nice secure interest rate to pay off "unwise" investments into blind real estate funds that are HIGH RISK.
PS - from MM website - "www.MadisonMarquette.com The historic Paramount Theatre, Convention Hall, Grand Arcade, and Carousel Building have been renovated (WELL EXCEPT WHATS REQUIRED BY LAW, SPRINKLERS) and restored to feature concerts, plays, sporting events, film screenings (WE DO IT FREE AND BITCH) and operas. The partnership with Live Nation has brought internationally acclaimed artists to this legendary music mecca. Recent performers include Bruce Springsteen, Bob Dylan, Tony Bennett, Liza Minnelli, John Edward, Southside Johnny, ATP Festival, Jeff Beck and D.J. Tiesto. SEE THIS ... The combination of venues has brought over 10,000 audience members to the boardwalk in a single evening. (YEP that's the POINT - IT FILLS SEATS AND THE BARDWORK (boardwalk) The entire waterfront redevelopment is expected to occur over the next ten years, ultimately producing more than $1.25 billion in total economic redevelopment The Asbury Park redevelopment is the unprecedented rebuilding of one of the nation's most historic beachfront communities. The project includes a remarkable 500,000 (NOTE - maybe 75,000 feet now...) square feet of retail and entertainment development along with over 3,000 residential units on the last undeveloped stretch of the Jersey Shore's prime oceanfront. The 56-acre project is located in Monmouth County between Deal Lake to the north and Ocean Grove to the south. Asbury Park is surrounded by upscale lifestyle communities that are among the most affluent in the nation. Only four miles (IT'S FIVE) east of the Garden State Parkway, the project is easily accessible from Manhattan, Philadelphia, and all points of New Jersey, making it an ideal destination for the tri-state area and vacation spot for the Northeast region. Since beginning construction in March 2007, Madison Marquette has engineered a remarkably rapid turnaround. Four retail buildings have been renovated and over thirty businesses are open for business year round. In addition, Madison Marquette has spent over $1 million to create convenient parking and additional public restrooms for Boardwalk patrons. " ------------------------------------ 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/