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Flashbulb_RI t1_j5l230d wrote

Reply to comment by Proof-Variation7005 in What’s happening with this Bintimani/AS220 drama? by Loveroffinerthings

I believe the Satin Doll went out of business long before AS220 bought that building.

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Proof-Variation7005 t1_j5l4eo9 wrote

It was open until the building was sold. FWIW, I think the owner of the club partially owned the building when he sold in 2015. I don't know why they gave up on the plan for that space but I think they ended up flipping the building to Durk's within a few years.

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Flashbulb_RI t1_j5lwj1x wrote

So, the owner of the club sold his own building or fraction of, got his $$ and you're blaming AS220 for his dislocation? OK.

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Proof-Variation7005 t1_j5lxcsp wrote

I was pointing out that they haven't kept every business open. Can't help but notice you skipped right past my point about the property taxes though

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Flashbulb_RI t1_j5lz2fc wrote

My understanding (I'm not a tax expert) is that when a non profit owns a building (Brown or AS220) and rents out that building (or a portion of) to a for profit business such as a restaurant, that property is taxed at the normal commercial rate.

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