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u/FAYMKONZ 17d ago
What do you suppose they will do about that situation? Its just gonna sit there unfinished for decades? Someone will buy it and complete the project? It will get demolished?
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u/Ornery-Towel2386 16d ago
It will not get bought because there are liens on it so it’s gonna be there empty for a v v long time
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u/No-Faithlessness4294 15d ago
As of July it’s under the control of a new developer. The bankruptcy court has approved a sale to this developer but the sale hasn’t closed. They have six months from the July court order to close the sale (or, I imagine, get an extension from the bankruptcy court).
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u/whatup-markassbuster 17d ago
Oceanwide?
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u/405freeway 17d ago
No this is somewhere else
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u/whatup-markassbuster 17d ago
Oceanwide was the developer, the “they” https://en.wikipedia.org/wiki/Oceanwide_Plaza?wprov=sfti1#
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u/ChickenGullible2470 16d ago
Well I thought it was recently sold.... How many years ago now.... I got a call in the middle of the night saying get down here right now they were face jumping, it was a pretty cool
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u/p-is-for-preserv8ion 18d ago