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The Hub Mixed Use Apartment Development in The Short North - News & Updates

Home Forums General Columbus Discussion Development The Hub Mixed Use Apartment Development in The Short North – News & Updates

Viewing 15 posts - 16 through 30 (of 901 total)
  • Author
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  • #260658

    JD3
    Member

    I agree jpizzow…

    #260659

    JD3
    Member

    heresthecasey wrote >>
    Is anyone else suspicious of the several new people who just signed up at exactly the same time, and who are all deeply passionate about railing against Ibiza/ARMS/Union with nothing but hearsay and conjecture, supported only by each other?
    …Maybe im just a naturally cautious/suspicious person.

    No, I’ve thought the same thing. There are like 5 posts a week about Ibiza…then 3-4 comments from people within 2 minutes, usually with nothing intelligent to say, just some babbling….often times bashing the name. Very clever folks.

    #260660

    bjboose
    Member

    i noticed the same about the Ibiza/ARMS/Union haters, but was too lazy to log in early to say anything.

    perhaps THEY are the new owners of RJ Snappers!

    #260661

    enzo
    Participant

    If they let go of the name rights, great.

    #260662

    heresthecasey
    Participant

    Maybe its all a trick to throw us off the new Champps theyre really opening?

    #260663

    surber17
    Participant

    Who gives a sh!t what its called? The design is amazing and I bet 90% of people out there have no idea what Ibiza really is. Also there is no real evidence that anyone has pulled out. In fact the only real evidence we have is from people on here who have actually put down money on the place now.

    This is what makes me frustrated though. If you are a realtor for Ibiza you really need to get your ass on here and stop the rumors.

    As for the Dakota…. have you ever been in there? The places I walked through were great. As far as leaky windows and stuff, that sucks and I’d be pissed, but when entering a contract on a new place you can ask them to guarantee stuff for up to a year. So there are ways to get stuff fixed for free.

    #260665

    JD3
    Member

    enzo wrote >>
    If they let go of the name rights, great.

    I’m starting to like the name now that I think about it. Initially I thought the name would attract pretentious people who wanted to live at “Ibiza” but I’m starting to realize that it’s keeping them away…awesome.

    #260666

    JD3
    Member

    surber17 wrote >>
    Who gives a sh!t what its called? The design is amazing and I bet 90% of people out there have no idea what Ibiza really is. Also there is no real evidence that anyone has pulled out. In fact the only real evidence we have is from people on here who have actually put down money on the place now.
    This is what makes me frustrated though. If you are a realtor for Ibiza you really need to get your ass on here and stop the rumors.
    As for the Dakota…. have you ever been in there? The places I walked through were great. As far as leaky windows and stuff, that sucks and I’d be pissed, but when entering a contract on a new place you can ask them to guarantee stuff for up to a year. So there are ways to get stuff fixed for free.

    I’m curious how many people could have backed out b/c in the contracts I’ve seen, it’s binding for 2 years. So the only people who could be pulling out are those who put their money down in March of 2007….doubt many people were investing that early…but if they did I sort of don’t blame them for backing out.

    #260667

    Ok, let’s be logical about this. I am fairly confident that everyone who has commented has been some what aware of the current climate of our nations economy and that of our local economy too. That being said, there is no way that the bank is going to release the funds on a $27m condo project due to current market conditions. You may have noticed that the condos that have been completed downtown have had to convert to rental properties, due to the lack of demand and more specifically due to the lack of available credit to the average buyer. Right now lenders are not lending, and buyers are ineligible for “no money down” purchase programs for loan amounts greater than $270,000. Meanwhile, our savings, 401k’s, and investments have all taken a substantial hit, dwindling the money that many would have used as a down payment for that $350k condo on High. In closing, this project is on hold for financing, and will be for a very long time. Additionally, ARMS is sitting on the most expensive piece of real estate in Franklin County, per square foot, with a $5m mortgage and no revenues to support the debt load. Bye, bye Ibiza..hello Short North surface lot. Atleast we’ll have more parking :)

    #260668

    bjboose wrote >>
    i noticed the same about the Ibiza/ARMS/Union haters, but was too lazy to log in early to say anything.
    perhaps THEY are the new owners of RJ Snappers!

    I guarantee you they are not…………

    #260669

    XLD
    Member

    I’m sure we’ll see some construction activity “next month”.

    #260670

    I recall another project in town that use the same b.s. rhetoric..does anyone remember Jeffrey Place?

    #260671

    CDS sherman
    Member

    ShimmyKnocker wrote >>
    That being said, there is no way that the bank is going to release the funds on a $27m condo project due to current market conditions. :)

    try more like 61 million…..

    #260672

    Matthew
    Participant

    heresthecasey wrote >>
    Is anyone else suspicious of the several new people who just signed up at exactly the same time, and who are all deeply passionate about railing against Ibiza/ARMS/Union with nothing but hearsay and conjecture, supported only by each other?
    …Maybe im just a naturally cautious/suspicious person.

    Not to derail, my squawks about Union are legit, I know nothing of notes or contracts, and I didn’t join yesterday. (in case I’m one of the accused) ;)

    #260674

    CDS sherman wrote >>

    ShimmyKnocker wrote >>
    That being said, there is no way that the bank is going to release the funds on a $27m condo project due to current market conditions. :)

    try more like 61 million…..

    My apologies. ;)

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