On Thu, 3 Jan 2008 15:44:56 -0500, D-unit penned the following well
considered thoughts to the readers of rec.boats:

|
|"Gene Kearns" wrote in message
|
|
| Not true, here. Still VERY much a buyer's market.... and there seems
| to be damn few of those. Not just small fry, either! We have a
| constellation of properties, an 80M bankruptcy that isn't finding any
| takers (offers, but not enough backing from lenders to make it
| happen).

These are the properties:
http://www.starnewsonline.com/articl...709290397/1004
first they're sold, then they're not, then they're sold, then they're
not, then they're sold, then they're not.......

|Would you like to own a pier?
|
|
|Ummm,
|
|you mean Yaupon?

Yes! The Town of Oak Island, based on the mayor's wishes, placed a bid
on the pier... which was accepted. The idiotic town council voted NOT
to proceed with the purchase. Bonner Stiller is attempting to save the
day. I hope he succeeds.
http://www.starnewsonline.com/articl...30/1004/news01

|By the way, what happened to all those big condo's
|that were supposed to be built at the old LBP site?
|The last time I checked, its still a pile of sand
|filled with "For Sale" signs.
|
|The loss of the Long Beach Pier still ****es me off.

It does me, too. I hope it remains, for the remainder of the lives of
the current owners, an empty sand lot littered with for sale signs.

--

Grady-White Gulfstream, out of Oak Island, NC.

Homepage
http://pamandgene.idleplay.net/

Rec.boats at Lee Yeaton's Bayguide
http://www.thebayguide.com/rec.boats
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