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Everything posted by bigham78
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Somehow, I imagine, 50 years from now, after UAkron becomes Summit State, after the cuyahoga river floods Akron, after WWIII, after the State of Ohio goes into default and sells several counties to neighboring States, and after Aliens land and sequester large areas of all major cities for human prisoner camps, there will still be people from this board saying "See, and that just proves the property owners on exchange got way too much money"We don't need all that too prove they got way too much. One only need look to previous business sold to UofA in the same area and their FMV should have been based along those lines. Not, what the City paid for Brubakers and Jillians on Main St. The Odd Corner got less then half per square foot for what the Jury awarded Joe Nemer. I'm not saying Joe Nemer should get the same as the Odd Corner. But, I'm saying his dives are not worth more then double what Jackson got for the Odd Corner.
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The pressbox tower
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G-R-E-A-T news (especially for those of us at work who are blocked from the camera views) and I got a good chuckle out of your post . uakronkid's concern is a valid one - I'd hate to lose our erection prematurely due to T-storms! They'll stop if it starts storming. But, this looks like a long lasting erection. It's looking awesome and great amount of work done today on Cam 1
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It must be you.Cam 1 is fine and the BIG Steel is going up :blink:
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Big Crane alert and Big steel on Cam 1 today. This is about top get real exciting now. I feel like doing the Tim "The Tool Man" Taylor grunt.
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When I say pro-citizen's rights I mean that the rights of the many outweigh the rights of the few. I mean that not every person should not have to pay because one person is greedy. What you fail to realize, and never mention is that the 3 million, or whatever ends up being decided by the court is coming from your pocket, my pocket, and every person's pocket in the state. How is it anywhere near fair, that the Nemers get well above market value?It's not fair eniment domain or not that Nemers are getting far above FMV. The jury erred basing their decision on Main St property values Vs Spicertown. This verdict needs to be greatly reduced. Joe Nemer already whinnying about they're trying to take my bar before the motion has even been accepted says his attorney must be wee bit worried about this motion.It's not fair that the Joe Nemer get's so much f-ing money. He didn't do anything to make that property that valuable.You got that right. I just walked the area Memorial Day when I was in Akron for a visit. I can't believe how bad the area has gotten since I last saw it just year ago, which was b-4 the August Stadium plan being officially released. The so called 1 mil dollar parking lot is in bad need of paving and even a construction novice could see it's been that way for years. Joe Sun Grille Manny pub need all kinds of work and once again easy too see they've both needed it for years. How anyone could go into Chopstix for Chinese or Aroma for coffee is beyong me. Oh by the way did mention all the businesses were closed both Sunday and Monday Memorial Day. :blink: For businessman who claim to doing so much for UofA. Their looked like they haven't been worked on in years.
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When I say pro-citizen's rights I mean that the rights of the many outweigh the rights of the few. I mean that not every person should not have to pay because one person is greedy. What you fail to realize, and never mention is that the 3 million, or whatever ends up being decided by the court is coming from your pocket, my pocket, and every person's pocket in the state. How is it anywhere near fair, that the Nemers get well above market value?It's not fair eniment domain or not that Nemers are getting far above FMV. The jury erred basing their decision on Main St property values Vs Spicertown. This verdict needs to be greatly reduced. Joe Nemer already whinnying about they're trying to take my bar before the motion has even been accepted says his attorney must be wee bit worried about this motion.
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I stood in the so called million dollar parking lot on May 25th and again on May 26th. Those properties are blighted and have been blighted for years. Many of basic repairs have been neglected and I know buildings and construction enough to know neglect that goes back further then August of last year. The so called 1 mil dollar parking should have been paved years ago.Most of the houses in that area contained lead and asbestos and cost of removing that and renovating to bring those houses up to code, is cheaper to build a new house. The area had been rundown for years and the landlord and property owners should have been taken to court years ago for renting those buildings out.This was an area begging for eniment domain. Manny's Pub doesn't even have bathroom doors. A real fine establisment who mainly serves bums and assorted derelicts these days.Most of the property owners jumped at UofA offers. Greed and not owners being driven out are why The Nemers are fighting this. The original offers they could open up shop at a couple of locations downtown or in Higland Square area and recoup any losses in no time.
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I try to avoid posting on Ohio.com stories dealing with UA because of my obvious connections. I read through the comments and I can't believe how much some of the local idiots hate this school. It's ridiculous, really, and the more I read the less shocked I am that they could find a jury to apply such a ridiculous ruling. I did put up a quick post with some math I ran. If you base the value of the 50 space lot if the stadium was built, and consider the Zips have approximately 5 to 6 home games a year...If manny and joe cleaned up at $100/space (which i doubt would ever happen despite it's proximity to the stadium), it would take almost four-decades to recoup that $1 million price tag. 37 years to be exact. I say buy everything from them with whatever the new ruling is (hopefully it's fair) and then leave them with their $1 million parking lot. Let em pay taxes on it and sell those spaces 5 times a year. Let 'em spend 4 decades trying to attain that value for their lot. I'm sure the stadium will be just as hot of a ticket when it's 40 years old (well, hopefully it will be and be about 60,000 seats by then). Then the students in the new dorms can park there illegally. I really hope the U gets their way here. I know I'm somewhat biased, as a lot of us on here are, but anyone can see that anything over about $1.5 mil is way too much.Quite a few internet trolls over there at ohio.com like most sites similar. I seriously doubt if you took a scientic poll in Metro Akron you find near as much hate towards UofA which is the main reason Akron is still doing better then many towns of similar size in the upper midwest. You have a few nuts and bolts with access to a computer that get off on sprewing that garbarge. I post there just to get out the facts and usually ignore many of the trolls that reply to my responese. I've notice as of late they don't.
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Good for them. I hope Judge Spicer reduces this outlandish award. This jury seriously erred if they based their decision on property values on Main St on deciding what those dives are worth nearby UofA towards RT 8 in the other direction.
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There's a crane there today. We'll start seeing even more major construction now. Cam 3 was down more then it was up and was blocked by a mound of dirt. IMO, UofA just decided to take it down. I'm hoping they'll add other angles in the very, very near future.
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Great pics from the early days.But, I'm with you. I love my hometown and visit often. But, those snow pics also remind me of why I live South here in Georgia.
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Good points.Don't worry too much about Rasors comments. Aside from the undertones of the man crush he had on Mike Waddell and trying to impress everyone with the fact that he is in law school (If law school is so hard, why are there so many lawyers?), he is nothing more than a fan of the program with a blog on a newspaper web page. I wouldn't take it too seriously. At least he cares enough to blog.Also, thanks for the correction. I thought this Nemers group owned the head shop on the corner.The comments didn't come from Rasor. They came from some knucklehead claiming to be member of Nemer family who accused me of lying and not knowing what I was talking about and claiming I'd never even been to Akron, OH. I've called said knucklehead out in the blog and await their response. I'm sure with the limited data I posted about Zip strip and what it looked like over the recent Memorial Day weekend. I believe that idiot is thinking twice about messing with me further. I forgotten more about the area then said knucklehead will ever know. Manny Pub, Aroma tea, Choptix and the Sun Grille are all toilets and that would be an insult to a decent toilet.
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You know what I want to see in the new stadium complex?
bigham78 replied to zippyrifle32's topic in Akron Zips Football
You got it. I think there used to be alchohol served on campus, ans if there is significant money to be made they will sell it again.Dry means you can't sell it. -
You know what I want to see in the new stadium complex?
bigham78 replied to zippyrifle32's topic in Akron Zips Football
UofA campus is dry. I wouldn't hold my breath on that one. At best they may get the dry law changed to allow alcohol to be served in the suites. But, I seriously doubt they'll be any bars outside of that. -
Good point and I've been saying this all along. Instead of farting around with this guy, they should have just built the stadium around his property. In time, the property value would have bankrupted the guy in taxes, or the steady devaluation of the property would have decreased to below the "fair market value" UofA offered at around $1 million. This guy is looking to retire. The only real use for that building after the stadium is built is what it is now, which never could support the property taxes, or a bar. The city could zone that property so a liquor license would never be issued for the property. Nobody in their right mind would buy that piece of crap for $1 million. In time, UofA could have gotten this building at a real bargain. Not enough patience. I really don't think that anyone going to a game would every say, "I'm never going to another UofA football game because they have that head shop on the corner." UofA could have waited a couple of years and then taken the property.The Odd corner was in the way of the stadium and had to go. The Nemers property sits where the dorms are going up and not on the stadium footprint. UofA could have built the stadium and not needed the Nemers property. But, since the sell of this to get bond dollars was multi-purpose project. They included the dorms. But, you're right. If, UofA could wait a little longer on the dorms. Those businesses are dying a slow death. Despite some knucklehead comments to me in Rasor blog. I was just there and over the Memorial Day holiday and only bums and assorted derelicts are going to those bars. They we're not even open most of Memorial Day weekend.
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[/The end]I know you better than you know yourself. lolYou just don't like it when someone disagrees with your position and sounds valid doing it.Yes, you asked for snide, now your getting it.[The end /]You're wrong. I think this is the first time I posted a response such as I did. With me it's not so much that the settlement was against UA for such a large amount as it is there are so many, including you, who think "let's stick it to the government or the big university" or "the government has to take care of me". WE are the government. And being selected as a juror brings a huge responsibility to be impartial and fair to all parties. No way is $1M for a parking lot fair.That's my whole problem with the judgment. $1M for a 50 space parking lot. :blink: That comes to 20,000 per space. If, UofA appeals. I hope that's where they find this jury erred big time. Plus I'm having a hard time believing they're going to set up shop elsewhere. If, UofA doesn't appeal. They'll have all of 45-60 days tops from judgment day to move and hand over the property to UofA. The article in the ABJ today says they haven't even looked for new location. They knew this was coming for year now and haven't been looking, tells me they may just take the money and run.
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The appraisals that U0fA used and current assessed Tax value are very much admissible in court. The jury gets to see what UofA based their offer on and then the defendants plead on why FMV and other costs are what should be considered. Joe Nemer couldn't just walk in there and say I want 3 mil without some data to back it up. UofA can't say we offered 1.036 mil without some documents as to how they came to that number. The odds are stacked against UofA on appeal unless they can prove the jury erred in their findings. I still say the key is 1,005,168.00 for that property known as 437 East Exchange Street a parking lot shared by the businesses. I would love to see why the jury felt a parking lot was worth almost 10 times its current assessed value. I could be wrong. But, IMO that where UofA appeal has a glimmer of hope if they file one.
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I'm all for a property owner getting the fair market value for his or her property. But, $1,005,168.00 for that property known as 437 East Exchange Street a parking lot shared by the business is absurd. That's ten times the tax assessed value of the property. I can see double split between Joe and Manny or even 2.5 times the tax assessed value. I don't understand them getting 10 times the the tax assessed value of that parcel. I may have been able to deal with the other 2.1 mil which includes moving expenses, loss business revenue and property value, if the jury hadn't lost their minds giving just over a million for crappy parking lot.
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I wish they would. I'm sure the tax bill for property known as 437 East Exchange Street, Akron, Ohio was not being assessed at $1,005,168.00 which is what Joe and Manny got for the shared parking lot. Everyone that's cheering the Nemers over at the ABJ needs to stop and think for a second. They were paying taxes on 437 East Exchange Street for property valued somewhere along 125,000 to 150,000 and just got $1,005,168.00 for that property. IMO, that almost 10 times what the property is worth and it's hardly fair market value. That alone should be reduce on appeal IMO. Unlikely, but would be nice if it was.
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Well for the budget portion, the acquisition of the property would go under the dorm budget, and not the stadium budget But yeah, I say let them see what it's like to own multi-million dollar property for a while. I couldn't believe the decision on this. How a judge doesn't say, "This is exorbinant and you need to go back and think again on this" I will never know.That's good question as Judge Spicer showed the Mangan's in that ruling earlier this year giving them what UofA offered. IMO, UofA only chance on appeal is the parking lot. $1,005,168.00 to be the compensation for the taking of the property known as 437 East Exchange Street, Akron, Ohio. No way Manny and Joe have been paying Summit County property taxes equal to what they got for the shared parking lot alone.
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One of the years back in the 70's UofA had 36,000 for the Acme Zip Game, 20,000 plus for and close to 20,000 for Youngstown St and decent attendance at the other two home games. IMO, had they spent just a little more monies on the falling down Rubber Bowl, kept a decent product on the field and scheduled a few more afternoon games which is what both and YSU games were that season. They could have built on that season.
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It hasn't worked right for the past couple of weeks anyway. They need to move it (and replace it) to another spot.
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I'm in this camp, but if I was on the jury, I would have recommended no more than 50% above market appraisal or 50% above cost to locate the business to a spot of equal or better business opportunity, not 3mill.In other words, you don't just say "Here's what your land is worth, now take a hike!" just because you got the government involved. Okay, I can't give my neighbor the appraised property value and then kick them out. My neighbor has rights. People need to be compensated above what your appraise their property for, for a variety of reasons.1) They have to move. There are many expenses involved.2) They have to move. It puts them out of business for a time.3) They have to move. The new property could cost more than what their existing one is appraised for.4) They have to move. Their new property may not even be as advantageous to their business as the old one.5) They actually owned that property. Hello, McFly. I know that there are limitations to ownership rights, but you can't just bump people because you want to.The point is that THEY HAVE TO MOVE, and they should be compensated for the fact that THEY HAVE TO MOVE, not just for the value of the property that you are TAKING away from them.But I also think that there should be some (nothing major) degree of punitive effect, not just compensatory. I think giving them 3Mill is overboard, but I don't think they should have just been given street value either.3 mil is obscene. I just use the shared parking lot. Summit county tax record places the value of that part of the property at just over 100,000. They jury award Joe Nemer 500,000 and Manny 500,000 for parking lot not even worth 200,000. If, you're going to use eniment domain. You must offer more then the appraised value of the property, estimated businesses losses and moving expenses and you must offer that on the high side. That's why UofA faired so well with the Mangan's for their property when they went to court and got what UofA offered.Check the Summit county tax records for the properties Joe and Mona Nemer own and you'll see the jury far exceed the worth. The parking lot alone drives that home. 1 mil for a small parking lot not even worth 200,000 says this jury looked at what UofA was able to pay and not what the property was worth. $1,005,168.00 to be the compensation for the taking of the property known as 437 East Exchange Street, Akron, Ohio. That's the parking lot that Joe and Manny jointly own. I could see giving Joe and Manny the 175,000 to 200,000 each for the parking lot. But, 1 mil combined I knew this was headed in the wrong direction when UofA had to make motions about bringing into the trial about what they paid for Quaker Square. The lawyers for the Nemers brought up what they paid for other properties in the past and that swayed this jury to give this obscene judgement. Hate to repeat myself. But, this was made more about what UofA could pay and not the actual property and business worth.
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For those of you not old enough to remember, the Rubber Bowl used to have dugouts on both sides that went below field level. You can see the top of them in this picture. Years ago, the demolished the dugouts and somehow filled them in.I not only remember the dugouts. I remember the old scoreboard that was inside the arch. They used spell out the names for HS and Akron U and their opponents. The game clock had the minutes in the middle and an actual second hand. I remember when they use to use the tunnel up by the Rubber Bowl sign atop the Bowl. The HS bands would park and march in through the tunnel. They did that until the early 1970's before changing to coming through the gates. How that for dating myself?