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Topic: City is buying Genesee Towers for 6 million dollars!
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twotap
F L I N T O I D

Hell for $1,000.00 Id ask the Don if he played hide the bologna with his cellmate when he was in the pen. Laughing Laughing

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Post Fri Dec 21, 2007 1:35 pm 
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Ted Jankowski
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Ted's TWO CENTS!

Here ya go.

I'm pretty sure it was the Mayor that allowed this to go as far as binding arbitration. I'm guessing he thought the city would get it for a song based on what the current owner paid for it. He got it for a steal!

The city under direction of the Mayor has been attempting to bully, this guy on this property. (and a few others and rightfully so). But, that's ok. Flint residents are very affluent and we have deep pockets to waste on property of little or no value in its current condition.
Post Fri Dec 21, 2007 2:15 pm 
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last time here
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what's scary is the fact that there are probably a thousand people in
this town who will do or say anything to lambast the mayor not
realising they are also hurting their own hometown..................
that, my good man, is a shame.. Wink Wink Wink Wink

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Post Fri Dec 21, 2007 4:28 pm 
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Ryan Eashoo
F L I N T O I D

Once again it doesn't matter what someone paid for something, it matters what its worth today.


quote:
Ted Jankowski schreef:
Ted's TWO CENTS!

Here ya go.

I'm pretty sure it was the Mayor that allowed this to go as far as binding arbitration. I'm guessing he thought the city would get it for a song based on what the current owner paid for it. He got it for a steal!

The city under direction of the Mayor has been attempting to bully, this guy on this property. (and a few others and rightfully so). But, that's ok. Flint residents are very affluent and we have deep pockets to waste on property of little or no value in its current condition.

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Post Fri Dec 21, 2007 4:49 pm 
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Ted Jankowski
F L I N T O I D

Ryan, you are correct. It's what it's worth is what the arbitrator was charged with determining. Not, what the DON wanted to pay for it. LOL
Post Fri Dec 21, 2007 5:47 pm 
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last time here
Guest

aw hell. you know damn well the arbitrator's finding was "cooked".
that building is a dump. go take a tour ted. check it out!! Cool Cool

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Post Fri Dec 21, 2007 6:56 pm 
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Ted Jankowski
F L I N T O I D

Ah but it doesn't matter what you or I think the building is worth. It's what the appraiser and arbitrator say it's worth. Some people cannot be bullied by a loud mouth. no matter how much money he has or what office he holds.
Post Fri Dec 21, 2007 8:32 pm 
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Ryan Eashoo
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I have toured the building recently and found it to be in better condition than the durant hotel, berridge hotel, atwood building. It just needs some TLC and updating.


quote:
last time here schreef:
aw hell. you know damn well the arbitrator's finding was "cooked".
that building is a dump. go take a tour ted. check it out!! Cool Cool

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Post Fri Dec 21, 2007 9:52 pm 
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