Another Fowl Fullerton Observer Plop

 

Where's China?

I really don’t know why I bother communicating with the feather-headed Sharon Kennedy and her wretchedly incompetent Fullerton Observer.

When she wrote an unsigned “article” last month alleging that I rent space from the City worth more than $12,000 a month for  a mere $1300, I felt obliged to respond. So I sent in a letter to The Observer to add important facts that she casually omitted and also to question how in the world she came up with her crazy valuation. To my knowledge Ms. Kennedy has no experience of any kind in the commercial real estate business and knows nothing about the subleasing potential of the Santa Fe Depot or even its vacancy rates or square foot lease potential.

The deal looked pretty damn sweet for the City 20 years ago when I offered to make a large up front payment and finance the historic restoration myself – especially since the other responders wanted to be paid; and this ignoramus somehow thinks the City gave something away. I mentioned in my letter that if she had any complaint to take it up with the Good Folks at Redevelopment.

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