Petunia
COVID POSITIVE FOREVER
I watched second plane hit live on the news. It was surreal.
I remember watching the couple holding hands and jumping. Really fucked me up
We all are... Forever fucked up over this...
Fucking Osama!
[Contest] 9/11 museum gift shop
- Thread starter JAXvillain
- Start date
We all are... Forever fucked up over this...
Fucking Osama!
Mean Mr. Mustard
Always shouts out something obscene
Amstel
The Hoarse Whisperer
I just googled it because I didn't know either. Apparently it's a fractional ownership where the leased fee interest in the land was mostly owned by the port authority of NY and NJ, and there are undisclosed partial interest owners. There were also multiple leasehold owners.
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Amstel
The Hoarse Whisperer
true dat.
But I don't think that's part of the 9/11 phone case sales calculations.
It's got to be something more along the lines of, 'the tourists want to take something home. . . '
But I don't think that's part of the 9/11 phone case sales calculations.
It's got to be something more along the lines of, 'the tourists want to take something home. . . '
So, I was down in Nassau a few months back outside the Atlantis, taking a look at all the super yachts at the docs... We came across this one,
http://oceanshaker.com/2010/06/11/delta-yachts-launches-superyacht-silver-shalis/
Turns out, the guy who owns it is the guy who owned the WTC. The yacht was his toy he bought after getting the insurance payout...
I'm sure those owners were plenty rich before 9/11 too. I don't know anything abut the insurance. All I know is that site is incredibly underutilized now. I bet the port authority would be much better off collecting rent off 300+ acres of offices than a gift shop.
Amstel
The Hoarse Whisperer
I did a lot of digging once I learned who owned the boat because the fucking thing was so god damned opulent...
He made a fucking killing off the post 9/11 payoff.
I'm sure it was an equivalent of what he would have got if he sold it before 9/11. Let's say a car crashes into your house tonight and blows up everything. Are you not allowed to use your insurance to move on?
:sigh:
feel free to do the research youself. Quaint anecdotes about those of us mortals who have normal lives don't apply to people like them. It's a curious tale of leasing a property, not buying, leasing, months before a terrorist act destroys it and getting a huge payoff as a result.
Amstel
The Hoarse Whisperer
but let's remember he didn't get that lease for free. In many cases like that you have to pony up huge sums of cash to begin with, then also have the strength to make the pmnts and manage the property at the same time.
I'm not saying he's over or underpaid from the insurance claim, or that the boat wasn't him saying 'fuck being a landlord.' Just that for him, that's how it worked out.
This is not leasing in the sense that you're thinking. Ground lease, not a space lease.
