Bostwick Building no longer under contract, but deal still in play

[thelakelander]

Not feeling good about this quote....

"I have a significant amount of time and money invested in this project," Jacques Klempf, CEO of Dixie Egg Co., wrote in an email. "And [am] hopeful we can eventually close. However, the ball is firmly in the Bostwicks court."

full article: http://www.bizjournals.com/jacksonville/news/2013/10/22/bostwick-building-no-longer-under.html

[fsujax]

WTH is wrong with this family? just sell the damned building already!

[icarus]

If I had to guess, I would say the sale price of the building less the cost to settle the lawsuit, if the lawsuit could in fact be settled, would net less money than expected or desired.

It very well could be that the adjacent landowner is using the suit as a means to acquire the bank building himself which would be interesting.

[aubureck]

The appeal of the demolition request and the landmark designation is this evening before LUZ