Apr. 7, 2008 - RE: more bad 2d floor news / 135 Watts back + lower / is it the tea? |
| Posted by Devil is in the Details |
| As this building is on the National Register of Historic Places the potential/actual costs of maintaining the facade can be/is huge. It is not unusal for a small (6 units) building like this to be hit with a $500k bill to fix/maintain the historic features. I would not be surprised if that is the reason for the quick contract exit. So, LG, when you say that "seems to be a relative bargain", there is more to the price than meets the eye. |
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