|
|
|
08-28-2006, 03:10 AM
|
#1 |
|
Senior Member
Join Date: Dec 2005
Posts: 5,996
 |
LDS church getting played?
It is really bothering me that there is one sleazy law firm holding out as a tenant so the church can't begin construction on its new mall plans. It isn't that hard to find another property to lease. They are holding out simply to be the last party to leave in hopes of getting a huge payoff from the church in exchange for early lease termination. Lame.
Downtown SLC is dying. The longer the mall projects are delayed, the worse for the city. The firm knows that, yet they continue to wait for their big payday. I wish the church would simply go public with this debacle to really put the pressure on the firm. In fact, I would be tempted to write a letter to the editor of the D News complaining about the firm's tactics. The firm needs to do something that is good for the community, not just good for their partners' profits. This really bugs me. |
|
|
|
08-28-2006, 03:33 AM
|
#2 | |
|
Senior Member
Join Date: Jan 2006
Location: Salt Lake City
Posts: 7,297
  |
Quote:
__________________
Masquerading as Cougarguards very own genius dumbass since 05'. |
|
|
|
|
|
08-28-2006, 04:16 AM
|
#3 | |
|
Senior Member
Join Date: Dec 2005
Posts: 5,996
|
Quote:
??? I have no problem with them purchasing real estate. How is that political? |
|
|
|
|
|
08-28-2006, 02:56 PM
|
#4 | |
|
Senior Member
Join Date: Jan 2006
Location: Salt Lake City
Posts: 7,297
|
Quote:
__________________
Masquerading as Cougarguards very own genius dumbass since 05'. |
|
|
|
|
|
08-28-2006, 04:00 PM
|
#5 | |
|
Senior Member
Join Date: Dec 2005
Posts: 5,996
|
Quote:
Read first, then respond. I DO have a problem with the church getting involved in politics. I DON'T think this is a political matter. They are purchasing real estate. Why do I even read your posts anymore? Crap- another question mark. I must have selectively forgotten the answer to that. |
|
|
|
|
|
08-28-2006, 04:04 PM
|
#6 |
|
Senior Member
Join Date: Jan 2006
Posts: 3,420
 |
Let's not start this again, all right?
__________________
εν αρχη ην ο λογος |
|
|
|
|
08-28-2006, 07:30 PM
|
#7 | |
|
Senior Member
Join Date: Jan 2006
Location: Salt Lake City
Posts: 7,297
|
Quote:
It's okay to admit that you're hypocritical in this situation.
__________________
Masquerading as Cougarguards very own genius dumbass since 05'. |
|
|
|
|
|
08-28-2006, 04:47 PM
|
#8 | |
|
Assistant to the Regional Manager
Join Date: Aug 2005
Location: The Orgasmatron
Posts: 24,338
|
Quote:
And I don't know anything more about the issue than hoya just described. My question involves if the Church is offering a fair price, or is Van Cott just hard-balling the Church. In negotiations with the Church, its minions often expect members to donate things for free. From my limited dealings with the Church, the Church is frugal with its negotiations. So perhaps the Church is low-balling Van Cott. OTH, I would not put it past the law firm to hard-ball the Church. IOW, I have no idea what is going on.
__________________
Ἓν οἶδα ὅτι οὐδὲν οἶδα |
|
|
|
|
|
08-28-2006, 05:31 PM
|
#9 |
|
Senior Member
Join Date: Aug 2005
Posts: 1,817
|
I have to agree with Arachaea. If the church is lowballing the firm, I have no problem with Van Cott not budging until they receive fair market value. But if the firm is basically trying to just 'extort' the money out, then they are in the wrong. I guess we just don't know though...
|
|
|
|
|
08-28-2006, 05:43 PM
|
#10 | |
|
Junior Member
Join Date: Jun 2006
Location: Utah
Posts: 166
|
Quote:
I have heard from many friends that it sucks to do business with the church. That said, the church is paying millions for each month they own those huge properties and get no rent from any other tenants. Also, every other business has already moved out. There is just this one left. It does sound like a hold-out kind of deal to me. |
|
|
|
|
 |
| Bookmarks |
|
|
Hybrid Mode
