Yeah, like he owned it outright?Bravo said:I was thinking the same thing. Plus he purchased the house a long time ago didn't he? So one would think there would be huge equity built up by now?
Binaca Chugger said:prophet said:We "estimated" it at 14 mil. It came in at over 30.Exell said:No doubt a lot went wrong, but I do not see how you can say we did not need the new auditorium. With chairs pulled out, you still could not find a seat in the old auditorium, especially on Sunday nights. At the peak under Schaap, before it began to deteriorate , we were getting close to filling the new auditorium. I remember on Sunday nights they were beginning to open up the top shelf of the balcony, and many times it was half full.
From what I remember, it was not so much the new auditorium that ran up the spending but all of the other remodeling done in conjunction with its construction.
We blew through the initial loan, and spent another 10 on lavish offices, and the 3rd floor finishing project, after the fact. Russ and J.D. couldn't dump their buckets in fast enough, to keep up with EL and Jack-S.
The Rehabbing was done and paid for, prior to the N.A., for the most part, and wasn't the source of the debt.
The Carpet in Jack-S'S office cost as much as the remodel of 3 buildings on State St.
Never mind his house.
Anishinabe
WOW.
I remember being given a tour by one of the office people in the 3rd floor court building while it was under renovation. I did ask: "Why does he need such a huge, elaborate office, and then a full apartment above his office?" The response: He is a CEO of a huge corporation that employees X thousand people. why shouldn't he have a nice office? :-\
WESLEY said:Binaca Chugger said:prophet said:We "estimated" it at 14 mil. It came in at over 30.Exell said:No doubt a lot went wrong, but I do not see how you can say we did not need the new auditorium. With chairs pulled out, you still could not find a seat in the old auditorium, especially on Sunday nights. At the peak under Schaap, before it began to deteriorate , we were getting close to filling the new auditorium. I remember on Sunday nights they were beginning to open up the top shelf of the balcony, and many times it was half full.
From what I remember, it was not so much the new auditorium that ran up the spending but all of the other remodeling done in conjunction with its construction.
We blew through the initial loan, and spent another 10 on lavish offices, and the 3rd floor finishing project, after the fact. Russ and J.D. couldn't dump their buckets in fast enough, to keep up with EL and Jack-S.
The Rehabbing was done and paid for, prior to the N.A., for the most part, and wasn't the source of the debt.
The Carpet in Jack-S'S office cost as much as the remodel of 3 buildings on State St.
Never mind his house.
Anishinabe
WOW.
I remember being given a tour by one of the office people in the 3rd floor court building while it was under renovation. I did ask: "Why does he need such a huge, elaborate office, and then a full apartment above his office?" The response: He is a CEO of a huge corporation that employees X thousand people. why shouldn't he have a nice office? :-\
WOW.... have been in that office many times.... is there really an apartment above it?