Dave
2009-06-11 10:47:14 UTC
It went up in 18 months, which is incredible.
But it was a financial failure/ It opens in 1931; five years later
floors 41 through 80 are all still empty. Would have gone bankrupt in
1936, but the lender saw no point in foreclosing. didn't want to take
over a losing pproposition. They renegotiated the loan and interest.
So you can see how DOC had so many gadgets and things -- they weren't
going to saw no the the major rentpayer.
dave
But it was a financial failure/ It opens in 1931; five years later
floors 41 through 80 are all still empty. Would have gone bankrupt in
1936, but the lender saw no point in foreclosing. didn't want to take
over a losing pproposition. They renegotiated the loan and interest.
So you can see how DOC had so many gadgets and things -- they weren't
going to saw no the the major rentpayer.
dave