I guess we have argued our way to the point where we are simply going to disagree.
Loved fighting it out with you though. You seem like a smart fellow. --- In [email protected], "Tyler, Mark" <[EMAIL PROTECTED]> wrote: > You are confusing what a Developer's lawyer does with what a Developer does. > A developer makes a set of complicated business decisions about development. > Those decisions include scheduling. Moreover a developer's track record > affects the ability to obtain financing - very, very important part of being > a developer. Asbury Partners has no such track record and they have shown > no ability to make the necessary business decions within a reasonable time. > Moreover, its not clear they know what the decisions are and they certainly > don't have a group of trusted subs to hammer the nails. I find your > position here extremely weak. > > -----Original Message----- > From: [email protected] [mailto:[EMAIL PROTECTED] > Behalf Of bluebishop82 > Sent: Monday, May 16, 2005 4:19 PM > To: [email protected] > Subject: [AsburyPark] Re: For Skip.... Now Complain; drop the election - > I quite like Larry > > > Considering that anyone who develops this property has to go through > TRC, Planning Board, Council, CAFRA and get bounced around between > them, I disagree that anyone could have gotten this done any faster. > > I do still disagee with you about Fishman being a "developer." A guy > like Rich DePetro hires others to do all the work at the > Brittwoods. Is he not the developer? Of course he is. So is > Fishman, no matter with whom he contracts. > > Dan is redeveloping his AP house right now. Applying his reasoning > and yours, he isn't; the carpenters, plumbers, heating contractors, > etc. are developing it. > > > > --- In [email protected], "Tyler, Mark" <[EMAIL PROTECTED]> wrote: > > BB82 - You're on target till you get to the developer part. > Hovnanian may > > not be driving nails but that isn't what a developer does. > Fishman is not a > > developer but a purchaser of tax liens and one who flips those > properties - > > exactly what he did here. It is true that he has done something > like a part > > of a development agreement but the agreement is open ended and in > part > > because the actual developers with the right exspertise will be > filling that > > in. If Asbury Partners had been the actual developer and not the > > "Gatekeeper" (that's the way they describe it in MOU if memory > serves me) > > things would be built by now, restored by now and and the boardwalk > > operational at least a year ago. No developer with an ounce of > pride would > > have allowed this valuable property to lay fallow and not hit the > property > > boom on target. > > > > -----Original Message----- > > From: [email protected] > [mailto:[EMAIL PROTECTED] > > Behalf Of bluebishop82 > > Sent: Monday, May 16, 2005 3:55 PM > > To: [email protected] > > Subject: [AsburyPark] Re: For Skip.... Now Complain; drop the > election - > > I quite like Larry > > > > > > This isn't your best day on this list. First I catch you and Skip > > in no uncertain tems telling people who disagree with you not to > > post here, and despite that being in writing, you then deny that's > > what you meant, when in fact its exactly what you wrote. > > > > As of for the Boardwalk - it was Fishman that built it. The fact > > that the City paid for it with financing from Fishman by a credit > > against the sale of buildings means he not only did the actual > > building, he temorarily paid for it. I'm not sure how you fail to > > put this in the category of something "Fishman did" when there was > > no one else but Fishman involved. Actually I can understand - you > > dislike him so much you refuse to credit him anything. > > > > As for the materials used, blame your liberal envormental tree- > > hugger friends. The last time a portion of the boardwalk was > built > > stronger wood was used, but there was a frenzy over the wood being > > from the rain-forest. The new material used was used to appease > > them. > > > > Now, aren't you glad I explained the boardwalk to you? > > > > As for the condos, Fishman is the developer. He is the guy with > the > > contract with the City to get them built. The fact that he uses > sub- > > developers for the construction of certain sites makes him no less > > the developer. He is the one that got the approval process > through > > the many levels of governement, which as I prey you know, is a > > function of land development. > > > > The sub-deveolpers contract out further to other subcontractors. > Do > > you think Hovnanian is out there banging nails himself? So where > do > > you artificially draw the line at who gets to be called "a > > developer?" Is it the youngest, newest carpenter if he does the > > most manual labor? Of course not. > > > > Truth is Larry is the developer,who contracts out to others, who > > will in turn contract out to more others, and so on. Larry is the > > guy ultimately with the contract with the City and approvals from > > CAFRA, so it is appropriate to call him the developer - he has the > > contractual responsibility to get it done. You won't credit him > > because you dislike him so. > > > > > > > > > > --- In [email protected], "dfsavgny" <[EMAIL PROTECTED]> > wrote: > > > --- In [email protected], "bluebishop82" > > <[EMAIL PROTECTED]> > > > wrote: > > > > Did you miss the new boardwalk and condominiums being built at > > the > > > > beach? > > > > > > > No. The boardwalk was paid for by the city with credits against > > the > > > cost from the purchase of our waterfront buildings. I look at > the > > > boardwalk very closely and see that we had the foresight to use > 2 > > X 6 > > > southern pine instead of a more lasting wood, as most boardwalks > > are, > > > including ours just south of CH. In fact, if you compare that > > section > > > with the yellow pine section, you will notice that the letter > > secton > > > built by Asbury Partners is splitting in most areas. The other > > secton > > > (ipe wood?) is not splitting and I suggest that we are going to > > have to > > > be replaing boards on the other section on a regular basis. > Also, > > don't > > > you think it was great business practice to let Asbury partners > > build > > > it and allowing them NOT to put it out to bid? I don't think so, > > and > > > since our property sales were being charged off against it, who > > knows > > > what it really cost. If you wanted a boardwalk, you should bid > it > > out, > > > then get the money from Asbury Partners whether you decide for > > them to > > > build it or someone else. > > > > > > Aren't you glad you asked about the boardwalk? > > > > > > As to Asbury Partner buildings condos on the beach or anywhere > in > > AP > > > for that matter, if you can find any, I will marry Larry > Fishman, > > and > > > remember, I am a straight white male. Asbury Partners is not > > building > > > condos, subdevelopers (insert real in place of sub) are. Larry > is > > just > > > banking the land and turning a tidy profit. > > > > > > > > > > > > Yahoo! Groups Links > > > > > > Yahoo! Groups Links Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
