messageBut what kind of commune and who is running it? Also, isn’t it condemned? How much would it cost to get it back up to code so that people could live in it? Is it zoned for residential?
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Lee Suzuki replied on Jun 25, 2009The post office is most assuredly in bad shape. The city can not really condemn their own structure, but I’m certain it would have happened years ago if it were taken over as a Macy’s department store.
To answer your question, the commune is not of any religious or philosophical association per se. It’s more a commune in the sense of a group of people living together who share a collective vision of ordinary life within an extra-ordinary historic structure.
Few developers believe the city will receive more than $300,000 for the property – thus I have set The Point at $1 million. This should guarantee us the property, plus enough money to cover rezoning, reconstruction, legal experts, etc.
Consider this an investment opportunity. Everyone who contributes will be invited to contribute to the plan of the commune. There may even be an opportunity to profit off the building by renting retail space, establishing a hostel, etc.
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Anonymous replied on Jul 7, 2009I love this. As I continue to think about it I will almost definitely be upping my price more (as in the last 10 minutes I went from $750 to 1000 to 2000) and am actually really excited about the idea of this. I hope it happens. Spread the word!
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Anonymous replied on Jul 7, 2009
Here is a question though – what if we reach the tipping point but $1,000,000 isn’t enough to win the auction? Do we get our money back?
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Lee Suzuki replied on Jul 9, 2009
If $1,000,000 is not enough, I will return as much of the money as possible, minus the taxes that our exchange will almost certainly face. Lousy government.
