Posted by David (12.80.9.105) on July 21, 2001 at 14:55:46:
In Reply to: The power struggle wasted $200 million! posted by Axel on July 21, 2001 at 14:51:15:
Nothing would make preservationists (LA Conservancy, Art Deco Society, ect.) more happy than to see the site restored as a hotel. However, mixed-use, retail, or a highschool in a renovated building sure beats demolition. Unfortunately, as far as I know, and I have been following the Ambassador saga for years, no legitimate company has ever expressed any interest in purchasing the site and restoring it to its former glory as a hotel. I wish I had 90 million bucks, i'd do it myself. Any body want to give me a loan?
Posted by David (12.80.0.82) on May 28, 2001 at 15:02:55