CasinoQuiddick and a Prime Piece of Chicago Real Estate
Fortunately, a variety of high-profile bloggers have picked up on Harry Reid's CasinoQuiddick, which I wrote about yesterday, so I don't have to do much. Doug Ross has screen caps of the emails, and Not a Lemming has a very revealing statistical analysis regarding polling and deviations.
Michelle Malkin follows up today, saying that the excuse is now that a lot of non-English speakers who slipped beneath the polling radar turned out for Harrah's Harry, and Slublog notes a strangely persistent trend in the direction that vote tabulation errors tend to skew, when they are "discovered." We call those "November Surprises."
No, what I'd rather talk about was another post that I did last week, on the extraordinary stream of expert protestations in a Crain's piece about the refinancing value of Chicago's Water Tower Place mall. That must be one prime piece of real estate, because (though I'm not a Chicago native) a business tower constructed at 353 N. Clark, which I seem to recall is pretty much right downtown, has just been sold for less than it cost to construct, the first time that that's happened since the 1990s, according to the Crain's article.
Hmmmmm.
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November 4th, 2010 - 13:57
What can I say? Whether it’s votes or money, and a cynic might say that they two are fungible in our time, as the old saw states, it’s not what you know, but who you know…
Still, amazing how an insurance company would see fit to refinance a note on real estate for more than the original book value in the same city where another property that by that scale would clearly at least hold it’s value be worth only a fraction of it’s construction cost…
I mean, I guess all of the union laborers on the project worked pro bono.
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November 4th, 2010 - 16:31
Hmmmm, it seems un-natural.
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November 4th, 2010 - 16:36
LOL! It worries me to say that I ever felt that way!
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