I'm sure this is not an original thought but here goes anyway: Im guessing the reason for the press conference was two-fold
1. MM and Gary are very excited about everything they laid out and they have the capital and expertise to make it happen. Maybe they do read this board and wanted to make sure that people inside and outside the community realize Asbury has self sustaining momentum. Momentum is important in real estate, particularly in light of the current backdrop. 2. They realize that the only way to break a logjam (assuming one actually exists) between city, partners, MM, Cherokee partners etc... is to publically announce something of this magnitude such that everyone realizes a plan is in place and actionable if only everyone could agree on moving asbury forward as the goal and not maximizing each and every parties revenue and profit potential. If this goes forward, all of those parties will be better off for sure. Everyone has to give a little so they have a smaller part of something big and successful instead of trying to be 100% of something disjointed and unsuccessful I have no basis of fact for point number 2 but just thinking out loud. 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: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/