Member since Jul 1, 2011



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Re: “Mayor signs closing documents for sale of City Hall East

Jamestown did not "do" Chelsea Market. They just bought out the man who did. Jamestown represents a bunch of German Equity investors and all they do is purchase target properties, pump up the perceived value as much as possible, raise the rents, bundle them into prime "packages" and flip them at considerable profit - usually within about four years. Read their brochure. They couldn't care less about the long term. If you don't believe me, just take a look at the 18 story house of horrors building they want to put on top of CM! Watch your back, Atlanta!

Posted by casandratroy on 07/01/2011 at 9:32 PM

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