"Jersey City officials say they will defend the historic landmark designation and the Powerhouse Arts Redevelopment Plan for the city's Downtown warehouse district, despite claims to the contrary made by artists who live at 111 First St.
On Monday, the building's roughly 70 tenants settled with their landlord, Lloyd Goldman of New Gold Equities, agreeing to vacate the 130-year-old onetime tobacco factory by March 1, in exchange for forgiveness of hundreds of thousands of dollars in back rent and a payment of $35,000 in legal fees."
Kiss this building goodbye. once the artists are out it WILL come down. despite the historic designation. goldman (the owner) has only been saying so constantly through his attorney to the press for the past three months. (see above posts) i dont have too much respect for the artists who have allowed themselves to fall in many cases a year behind in their rent. if they were serious they would have put the $ in escrow.
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On Monday, the building's roughly 70 tenants settled with their landlord, Lloyd Goldman of New Gold Equities, agreeing to vacate the 130-year-old onetime tobacco factory by March 1, in exchange for forgiveness of hundreds of thousands of dollars in back rent and a payment of $35,000 in legal fees."
Kiss this building goodbye. once the artists are out it WILL come down. despite the historic designation. goldman (the owner) has only been saying so constantly through his attorney to the press for the past three months. (see above posts) i dont have too much respect for the artists who have allowed themselves to fall in many cases a year behind in their rent. if they were serious they would have put the $ in escrow.
- bill 1-08-2005 12:05 am