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 Post subject: Chicago Spire - Our American Money Pit
PostPosted: Mon Feb 02, 2009 7:54 pm 
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2Pack wrote:
The Chicago Spire ??? Very little has been don to teh Spire for about a year now. We all now own a prime snow covered hole in the ground in Chicago dudes.

.....

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Last edited by What Goes Up... on Tue Feb 03, 2009 3:35 am, edited 1 time in total.

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 Post subject: Re: Anglo to be Nationalised
PostPosted: Mon Feb 02, 2009 9:36 pm 
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:lol:


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 Post subject: Re: Anglo to be Nationalised
PostPosted: Mon Feb 02, 2009 10:03 pm 
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Whenever I see that hole I think of the abyss in the movie 300.

My only concern would be who do we push in first n last... chances are it could fill up pretty quick so the last guy might have a chance of only having to fall a few feet (we might even have to throw them onto the heap at that stage).

:-)


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 Post subject: Re: anglo to be nationalised?
PostPosted: Fri Mar 13, 2009 12:48 pm 
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Lest we forget....

2Pack wrote:
The Chicago Spire ??? Very little has been don to teh Spire for about a year now. We all now own a prime snow covered hole in the ground in Chicago dudes.

Feb 1 2008

Image

Jan 4 2009

Image

Thanks to Skyscrapercity for that one and the older one is on page 197 of that epic thread.

Santiago Calatrava will be meeting Brian Lenihan about his outstanding $11m wedge next tuesday according to the Galway Grapevine. 8)

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 Post subject: Re: Chicago Spire - Our American Money Pit
PostPosted: Sat Aug 15, 2009 3:08 pm 
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Courtesy, as always, of "harryc" over at SkyscraperCity:
August 13th, 2009
http://www.skyscrapercity.com/showpost. ... count=7431
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 Post subject: Re: Chicago Spire - Our American Money Pit
PostPosted: Sat Aug 15, 2009 3:10 pm 
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http://www.independent.ie/business/iris ... 61128.html
Quote:
Bank of America sues Irish developer of Chicago Spire
Saturday August 15 2009

IRISH developer Garrett Kelleher and his Shelbourne Development group are being jointly sued for nearly $5m (€3.5m) by Bank of America amid claims that repayments on a loan given by the financial institution have not been made.

Mr Kelleher’s company has been planning to build the world’s tallest residential building, the Chicago Spire, in the American city. Ambitious Plans for the 150-storey, 2,000- foot high skyscraper were unveiled in 2006 after Mr Kelleher’s company acquired land in the city.

Construction began in 2007, and while about 30pc of the apartments in the Spire were subject to advance sales, development has ground to a halt. The scheme was to be partfinanced by the now nationalised Anglo Irish Bank, which had loaned as much as $66m (€46.3m) for the development.

Shelbourne Development maintains the ambitious project will proceed, but that an economic recovery must be in sight before construction recommences.

The Spire was designed by renowned Spanish architect Santiago Calatrava. He later sued for millions of euro in what he claimed were unpaid fees.

.....(cont'd)


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 Post subject: Re: Chicago Spire - Our American Money Pit
PostPosted: Sat Aug 15, 2009 3:41 pm 
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Compensate much?


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 Post subject: Re: Chicago Spire - Our American Money Pit
PostPosted: Sat Aug 15, 2009 3:57 pm 
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Hey dudes howzabout we make 'em fine folk in AmeriKay one helluva an offer they canny refuse??
Howzabout WE fill that hole with DOLLARS, and they rename their city CHICANGLO, CHICANGLO!!

BD BD BD


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 Post subject: Re: Chicago Spire - Our American Money Pit
PostPosted: Sat Aug 15, 2009 8:47 pm 
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Looks like a lot of potential buyers of these condos will have a little less disposable income
52,000 ffs
http://news.yahoo.com/s/ap/20090815/ap_ ... _crackdown

Quote:
Tax dodgers scramble to come clean amid crackdown

AP – FILE - In this March 12, 2008 file photo, dark clouds hang above the Logo of the UBS (Union Bank of …
By STEPHEN OHLEMACHER, Associated Press Writer Stephen Ohlemacher, Associated Press Writer – 1 hr 50 mins ago
WASHINGTON – A deal with Switzerland settling U.S. demands for the names of suspected tax dodgers from a Swiss bank has a lot of wealthy Americans with offshore accounts nervously running to their tax advisers — and the Internal Revenue Service.

"They are very frightened," said Richard Boggs, chief executive of Nationwide Tax Relief, a Los-Angeles-based tax firm that specializes in clients with tax debts exceeding $100,000. "You have the super rich who are not used to being pushed around and they are finding themselves in unfamiliar territory."


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 Post subject: Spire-alling Legal Costs and Issues
PostPosted: Wed Aug 19, 2009 10:45 pm 
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http://www.chicagorealestatedaily.com/c ... l?id=31452
Quote:
Oct. 17, 2008

Renowned Spanish architect Santiago Calatrava has stopped working on the Chicago Spire, claiming the developer hasn’t paid $11.34 million he’s owed for his work on the planned 2,000-foot twisting tower.


Last edited by provost on Wed Aug 19, 2009 10:54 pm, edited 1 time in total.
added link and quote tags


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 Post subject: Re: Spire-alling Legal Costs and Issues
PostPosted: Wed Aug 19, 2009 10:55 pm 
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jxbr wrote:
http://www.chicagorealestatedaily.com/cgi-bin/news.pl?id=31452
Quote:
Oct. 17, 2008

Renowned Spanish architect Santiago Calatrava has stopped working on the Chicago Spire, claiming the developer hasn’t paid $11.34 million he’s owed for his work on the planned 2,000-foot twisting tower.


in the future, please provide a link and don't quote the whole article if you don't need to.


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 Post subject: Re: Chicago Spire - Our American Money Pit
PostPosted: Thu Aug 20, 2009 9:40 am 
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I preferred it with snow.

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Need to save a few bob?
Then take a look at the bargain aisle
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 Post subject: Re: Chicago Spire - Our American Money Pit
PostPosted: Thu Aug 20, 2009 9:42 am 
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Repeat after me:

I know I need to fill that pit with my money because if I don't my bank won't ever lend me money again.

Mother of Jesus pray for us

etc. etc.

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Irish public sector wages bill contains a roughly speaking 48% premium relative to the PS counterparts in similar economies around the world. - Constantin Gurdgiev May 30, 2010


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 Post subject: Re: Chicago Spire - Our American Money Pit
PostPosted: Thu Aug 20, 2009 1:40 pm 
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I know what's wrong. Looks like they've built it upside down.

No wonder the architect didnt get paid. They're supposed to pick up on that kind of thing during construction.


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 Post subject: Re: Chicago Spire - Our American Money Pit
PostPosted: Thu Aug 20, 2009 2:30 pm 
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IDONTKNOW wrote:
Looks like a lot of potential buyers of these condos will have a little less disposable income
52,000 ffs
http://news.yahoo.com/s/ap/20090815/ap_ ... _crackdown

Quote:
"They are very frightened," said Richard Boggs, chief executive of Nationwide Tax Relief, a Los-Angeles-based tax firm that specializes in clients with tax debts exceeding $100,000. "You have the super rich who are not used to being pushed around and they are finding themselves in unfamiliar territory."


They should all move to Ireland under assumed names

no Danger of the Irish courts pushing rich people around the shop

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