Well, nothing surprising in this. And this $5 mil. is just for the "plans" to say nothing about the actual construction costs. How much of field is there remaining to actually fleece, uh, fundraise from? I wonder if IAS will step in with funds as it has with a few other Idle Projects.
To be honest, it's pretty much this. I still like to check out what's happening with people I used to know personally, but that's really my only stake in being connected anymore.
Sorry, wasn't my intention. I made an offhand comment, someone called me on it, I answered it. Done deal. Carry on with on-topic news please.
Is the Allston building operational? Is there much traffic there or do they rely on rent from tenants to the building? Didn't they have some compliances they had to deal with concerning the Allston building?
If there's no training or auditing happening, then that building is not an org.
True, but Bambino is supposed to be the source of all things current with BSNF and BSND.
Not necessarily from DM's perspective. Real estate is a good place to park money, especially if (as a church) you are not subject to real estate taxes. Real estate is also a good way to launder money, and a good way to skim money. For example, have staff and SO do renos for free, but charge the church for their services via some offshore shell corporation whose real ownership is intentionally difficult to uncover.
Yes everything is at the Quincy location. "We" gave up the storefront on the street as it wasn't being used but otherwise still chugging away here. Fundraising events are occasionally held in the unheated Allston building. Brrrrrrr.
Hi Bambino, was the storefront used initially upon first moving into the building?
Sort of. It was set up as a Div 6 testing center/book sales space. It was used mostly for events if at all. Auditors Day was held there several years ago. It's a game store now with tons of kids playing Magic the Gathering.
The Allston building has tenants in it and Steve Goodwin is the estates manager. There is a separate warehouse space that we use for fundraising events. I seem to recall some issues with the warehouse but I haven't heard anything more about that.
The building in Quincy was leased for two years right from the get go. Yes the tenants will leave when the renovations start. Perhaps the current $5 million target for the plans will be all that's needed
. As a side note the new condos at 448 Beacon are done and they are AMAZING!
I see there's a unit available presently at 448 Beacon St, now called "The Residences at Hooper Mansion". Only $2,995,000!The building in Quincy was leased for two years right from the get go. Yes the tenants will leave when the renovations start. Perhaps the current $5 million target for the plans will be all that's needed
To think I've slept in most of those rooms.I see there's a unit available presently at 448 Beacon St, now called "The Residences at Hooper Mansion". Only $2,995,000!
Pictures available over here:
https://www.zillow.com/b/448-Beacon-St-Boston-MA/42.35123,-71.0884_ll/
