Meeting itself

 

  • 12 minutes:  Looks like we got the Courthouse with $3 million from the Commonwealth.  Great questions from George Russell.  Is there a 21 E?  Is there an estimated cost? DCAM says 1.5 million.  I will be shocked if this comes in at 1.5 million…..  We will have to share the profits 50/50 with the Commonwealth but we own 100 percent of any losses

This is a great deal for the Commonwealth, who limits their liability at $3 million..  Once you start getting into this building the clean-up/remediation will be way beyond $1.5 million as the WRA found out when they bought the Telegram building.

$3 million in remediation sounds like alot but it goes very very fast!!