From: Dave <EMC@DC9.TZO.com> - 2009-11-28 15:24:09
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http://www.google.com/hostednews/ap/article/ALeqM5ihZXQ-73efKC0Ql0BWp8MDt74EFAD9C662G00 It works out to costing a little more than $7 per seat! 83,000 seats.... Apparently the bidder never expected to win it! http://www.google.com/hostednews/ap/article/ALeqM5ihZXQ-73efKC0Ql0BWp8MDt74EFAD9C662G00 Oh no.... The Canadian guy who bought it is getting preferential tax treatment also... That was on the news in Detroit also. And they are loosening up restrictions on what can be done with the property. If someone else owns it it won't cost Pontiac 1.5 million per year to maintain it. 127 acres also goes with the building. I've been in that building several times. As recently as the late 90's and it was in pretty good shape then. They had some high school football championship games in there. It is one huge place. Pontiac actually got off cheap as tearing that building down would cost millions. I'm thinking about bidding on the Renaissance Center when it goes up for sale (GM's current headquarters.. ) Anyone else want to go in on it?? ;-) It has a killer view of the river and the restaurant at the top rotates! Dave Jon Elson wrote: > Dave wrote: > >> Hi Jon, >> >> You probably remember me joking that NAMES should simply buy the Pontiac >> Silverdome and use it for the show.... >> >> I was in Detroit yesterday and today. On the evening news it was >> announced that the Silverdome was sold at Auction - for $580,000. >> >> Yes that is right 580 thousand $. It was built in 1975 for 55 million >> $. How is that for property depreciation! Yikes! >> >> If every NAMES attendee kicked in $100 we probably could have bought the >> Silverdome! ;-) >> >> > And Pontiac would have immediately come back to all of those buyers for > $10,000 > each in back taxes and other fees! Sometimes really nice buildings that > have outlived > their intended purpose go to the wrecking ball because nobody has need > for that > specific structure at that place and time. Sad, but that's life. > > Jon > > ------------------------------------------------------------------------------ > Let Crystal Reports handle the reporting - Free Crystal Reports 2008 30-Day > trial. Simplify your report design, integration and deployment - and focus on > what you do best, core application coding. Discover what's new with > Crystal Reports now. http://p.sf.net/sfu/bobj-july > _______________________________________________ > Emc-users mailing list > Emc...@li... > https://lists.sourceforge.net/lists/listinfo/emc-users > > |