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Updates on Abundant Life Bldg (Tulsa Club moved to its own thread)

Started by PonderInc, March 21, 2008, 03:34:45 PM

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PonderInc

Looks like the Tulsa Club owner is now facing fines equal to what he paid for the building... The guy paid $125,000 for this Tulsa landmark in 1997, and now owes $115,000 in fines.  The guy is totally AWOL.

Quote from article:
<font color="blue">"If Morony continues to accumulate fines, city officials will ask Mayor Kathy Taylor for a "Request For Action" that would lead to legal action against Morony, Adair said." </font id="blue">

Meanwhile, the Abundant Life owner is working on plans to redevelop the building and has avoided incurring any fines.
Here's the whole article:Tulsa World Article

TURobY

Maybe they could use the fines to pay for the streets? [:P] With the money that could be made from absentee landlords, we could pave our streets with gold.
---Robert

sgrizzle

I'm hoping the point of the fines is to justify putting a lien against, and then possibly seizing the building.

An yeah, I find results for "Carl J Moroney" but not Morony.

AVERAGE JOE

quote:
Originally posted by inteller

it sounds like they are spending too much time on these two while there are 60 other buildings they need to work on.


An incorrect assumption. The World simply reported on these two because they're the most prominent vacant buildings downtown.

EricP

#4
http://www.newson6.com/global/story.asp?s=9229709

It looks like the city may now have some authority to get this poor building away from this guy! Yay!! This is one foreclosure that can only be considered good.
 

sgrizzle

Good news!

Too bad they had to mar it up so much getting the graffiti off.

carltonplace

I don't think anything will be done with the Abundant Life Building. I have a 1992 study that found asbestos in everything, including the floor tile. The city has "talked" about making it a super fund site to try to get federal funds for abatement and demolition, but my neighborhood wouldn't be too pleased to be next to one of those.

BKDotCom

#7
quote:
Originally posted by EricP

http://www.newson6.com/global/story.asp?s=9229709

It looks like the city may now have some authority to get this poor building away from this guy! Yay!! This is one foreclosure that can only be considered good.
fixed?

inteller

quote:
Originally posted by sgrizzle

Good news!

Too bad they had to mar it up so much getting the graffiti off.



no what is too bad is that when it is foreclosed it will be placed in trust of the TDA which hasn't had a very good history lately with anything.

carltonplace

^ Yep, it's urban blight. The TDA should quickly tear it down and never offer it up for development. Gotta keep the status quo.

Wrinkle


sgrizzle

quote:
Originally posted by inteller

quote:
Originally posted by sgrizzle

Good news!

Too bad they had to mar it up so much getting the graffiti off.



no what is too bad is that when it is foreclosed it will be placed in trust of the TDA which hasn't had a very good history lately with anything.



True.

carltonplace

Not really "theft" since they've sent dozens of letters and notices telling the owner that there are pending legal proceedings and liens on the property.

Try not calling the IRS or the bank back when you owe them money.

inteller

it would make an excellent hotel to restore completely back the art deco interior instead of that faux art deco dreck Crown Plaza is trying to pull off in the lobby.

PonderInc

I thought that if a building is placed in foreclosure, it would be sold at auction.  Wouldn't that be true of the Tulsa Club building?