http://www.wral.com/business/story/9448438/

if they ever actually build that thing i'm never driving up glenwood ever again

it's already a clusterfuck around crabtree

4/15/2011 3:44:24 PM

it was a terrible location to begin with

4/15/2011 3:45:09 PM

soil center? i need some soil

4/15/2011 3:45:20 PM

Quote :

"The Soleil Center isn't the only real estate project in Raleigh heading into foreclosure. A court order cleared the way for an auction of Bloomsbury Estates, a condominium project on Boylan Street west of downtown that has sold only 11 of its 56 units"

Damn, they'd only sold 3 the last I heard.

4/15/2011 3:47:16 PM

who wants to pool money, form a fucking LLC, and buy Bloomsbury Estates?

i'll start the pot with 50 bucks

4/15/2011 3:49:09 PM

If you're going to be building on the Soleil Center site, there are already some cassions in the ground ready for you!!!

4/15/2011 3:50:34 PM

those spots are so nice too....I mean if you get one that doesn't face the prison

4/15/2011 3:50:35 PM

That's the one that was giving away mini coopers to anyone who bought a unit not too long ago.

4/15/2011 3:51:24 PM

I was looking at buying a Bloomsbury Estates condo and renting it out.

the lowest priced ones are projected to go for 165k though so maybe not. I realize that is a good deal but you can't rent out a 1 bedroom downtown for 1200 bucks a month. it would be impossible to make $$

4/15/2011 3:53:06 PM

Quote :

"Welcome home to Bloomsbury Estates. Here, you'll find spectacular views everywhere you look, even from the first floor."

lol

of the yard of Central Prison

Quote :

"I was looking at buying a Bloomsbury Estates condo and renting it out."

you couldn't finance it 100% and hope to make your money back in rent

you would have to put down a good chunk of cash for it to make sense, make that rent income, then sell it someday when the prison is destroyed by a tornado or a fire

4/15/2011 3:53:35 PM

yes!

I wanted a condo when they were in development....

[Edited on April 15, 2011 at 3:55 PM. Reason : a]

4/15/2011 3:54:43 PM

4/15/2011 3:56:17 PM

^^^i wasn't planning on financing 100%. other than that, i agree completely

[Edited on April 15, 2011 at 3:56 PM. Reason : a]

4/15/2011 3:56:39 PM

let's buy a unit together and rent it out

i can put up 20 grand

4/15/2011 3:57:55 PM

why?? then we would each potentially make 100 bucks a month and then later one of us would buy the other one out bc it is dumb to try to maintain a unit for 100/mo profit. the other one wouldnt be able to put up the cash at the moment so it would get confusing and we would end up hating each other

4/15/2011 3:59:40 PM

It would be worth it if I could play Schindler's List and shoot at prisoners from my balcony every morning.

4/15/2011 3:59:45 PM

Quote :

"we would end up hating each other"

i can't believe you foiled my plan so quickly

i like the way you think

4/15/2011 4:00:38 PM

oh you can

at least for one morning, no guarantee you'll see another one

[Edited on April 15, 2011 at 4:01 PM. Reason : ^^]

4/15/2011 4:00:56 PM

There's enough tree between the condo and the prison that you can't see it. Although I think it's be kind of interesting to watch the going ons of the prison yard

4/15/2011 4:01:22 PM

Quote :

"it's already a clusterfuck around crabtree"

yep. thanks god for the 'credit crunch'.

4/15/2011 4:12:22 PM

silver lining

4/15/2011 4:14:08 PM

punky brewster is so fuckin hot nowadays

o my fu-

4/15/2011 4:14:49 PM

I was just wondering yesterday what happened to this stupid thing. I wonder if Charter Square has gone bankrupt as well.

4/15/2011 4:38:20 PM