That's a lie. The Mayo had been gutted, did not have poison everywhere, did not have a dated and unuseable pool in the basement, did not have too small of elevator shafts to meet code....the long list goes on.
Conan, when did you become an expert on resurrecting real estate. Is there even a tenant in hand to help cover debt service? Tell us Conan. Is it going to be another mediocre hotel with pathetic management?
Your’s is but one view. There’s plenty of other expert and more optimistic views on real estate in this town, Clown. At least two of them from the sounds of it.
Pool issue is easy to fix, asbestos is not that expensive to remediate (I have projects with abatement quite often) and not sure what other poisons are in the building unless you are referring to the air wafting in from the refineries and the chloramine-laced tap water they will have when water service is restored.
IIRC, there was a PCB issue with the Mayo. In some ways careless demo can cost a lot more than somewhat of a planned demo. I’ve not seen the inside of the Tulsa Club building since about 1988 or 1989, so I can’t really offer any more of a guess as to how difficult a reno will be than you can unless you’ve been inside lately.
What’s your issue with the Sniders anyhow? There’s two buildings which would still be complete eyesores if not for them. If the Mayo were doing poorly, someone would be calling the note by now.
Secondly, what’s your obsession with a retirement community downtown? That’s not exactly the demographic who is going to support a lot of street level retail and office space. I, for one, won’t be retiring downtown nor anywhere close to NE Oklahoma for that matter.
