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).
Courtesy, as always, of “harryc” over at SkyscraperCity:
August 13th, 2009
skyscrapercity.com/showpost. … count=7431
independent.ie/business/iris … 61128.html
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.
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!!
Looks like a lot of potential buyers of these condos will have a little less disposable income
news.yahoo.com/s/ap/20090815/ap_ … _crackdown
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.”
chicagorealestatedaily.com/c … l?id=31452
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.
I preferred it with snow.
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
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.
They should all move to Ireland under assumed names
no Danger of the Irish courts pushing rich people around the shop
Kelleher hasnt paid any businesses there.
he’d spend $30k on a party to entrtain the McSavvies , but it was all on credit he obtained for the servies of the businesses doing the party supplies.
This sucker’s going down!
Lots of belief that Chicago getting the Olympics would ensure the Spire would get built:
No stress … I assume Anglo leant to similarly sized projects in Rio as a hedge against this decision…
…or wasn’t there a post-it that explained what a hedge was!
Sometimes you outdo even yourself.