Greg: You’ve asked me to look for alternatives to the Clancy Company parking lot sale. We’ve been told they’re removing the obstacles to closing but we’ve been told that before. And the word is the first-mortgage holder is launching foreclosure, though issues with the second-mortgage holder have been resolved.
However, St. Andrews is now offering parking. This came up before closing on Clancy land; Kisela told St. Andrews if the Clancy land fell through, he’d be willing to talk. It fell through, St. Andrew’s and Greg have been negotiating a lease comparable to the Clancy deal.
It’s a two-tier plan, starting with one piece, then having the option to acquire more property (I’ll go into this in more detail in my article).

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