quote:

Originally posted by LuNaSeA Arc for Sale note: building is to be delivered *vacant* wtf.

Arc isnt for sale, 6 Hubert is. Arc's mailing address is 6 Hubert, but the property I believe is 4 Hubert. The building next door is actually 6 Hubert.

quote:

Originally posted by Redeye Arc isnt for sale, 6 Hubert is. Arc's mailing address is 6 Hubert, but the property I believe is 4 Hubert. The building next door is actually 6 Hubert.

i KNOW the actual club is not for sale, i can read..i just posted "Arc for sale" cuz alot of people would wonder wtf i was talkin about if i said "6 hubert st. for sale"...obviously it's the building we're talkin about. and obviously it's the club we're worried about.

...until i get confirmation that what you said is true then, this is still pretty scary, especially if there are people out there interested in buying..

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18 mil, lemme see if I got that. *checks pockets, finds 80 cents and a stick of gum* Is that equivalent to 18 mil?

That is bad news for Arc, because if a smart business investor buys the property next to it, and turns it into high income rent, Arc will go bye bye as a result. Ian.... want to buy this space?

quote:

Originally posted by Tranz That is bad news for Arc, because if a smart business investor buys the property next to it, and turns it into high income rent, Arc will go bye bye as a result. Ian.... want to buy this space?

turn it into a parking lot, will make a lot more money hehe.

quote:

Originally posted by Redeye turn it into a parking lot, will make a lot more money hehe.

Indeed.

ok thats it im buying it

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Ok I'm working this summer for Citigroup. When going down the West Side Highway, some of you might notice the building with the big red umbrella. That's 388 Greenwich St., right around the corner from ARC.

In any case, I had to be at that building this morning for a special breakfast. I was early, and took the liberty to walk past 4-6 Hubert St.

What I saw was a big white "THIS SPACE FOR LEASE" sign, and the Sivin.com logo on the bottom. But here's the interesting part: the only details of the building described were regarding the available space of the 2nd and 3rd floor. There was NO mention of the first floor, which ARC resides in.

Someone who's in the know with real estate, fill me in: is that a good sign, bad sign, or is that just me looking too much into it?? It doesn't seem logical that the other 2 floors would be described and NOT the first...

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quote:

Originally posted by Highmay Ok I'm working this summer for Citigroup. When going down the West Side Highway, some of you might notice the building with the big red umbrella. That's 388 Greenwich St., right around the corner from ARC. In any case, I had to be at that building this morning for a special breakfast. I was early, and took the liberty to walk past 4-6 Hubert St. What I saw was a big white "THIS SPACE FOR LEASE" sign, and the Sivin.com logo on the bottom. But here's the interesting part: the only details of the building described were regarding the available space of the 2nd and 3rd floor. There was NO mention of the first floor, which ARC resides in. Someone who's in the know with real estate, fill me in: is that a good sign, bad sign, or is that just me looking too much into it?? It doesn't seem logical that the other 2 floors would be described and NOT the first...

I will call nick today and clear this confusion up.

thanx john


well i'm actually surprised there haven't been more replies.. cuz frankly, this whole situation is frightening me.. still!

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quote:

Originally posted by LuNaSeA thanx john well i'm actually surprised there haven't been more replies.. cuz frankly, this whole situation is frightening me.. still!

this thread is everywhere. i think the most logical replies are on naughtbooth. the bottom line is, you dont have any more to worry about than you did before, witht he luxury condos going up. arc's days are numbered and it has been well known for a while.