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225 W. Washington Office Space
https://mail.chicagofanatics.com/viewtopic.php?f=156&t=33881		 Page 1 of 1
Author:  bigfan [ Sat Jun 20, 2009 2:16 pm ]
Post subject:  225 W. Washington Office Space
According to all reports Next Step had 2 floors of space at 225 W. Washington?

Thats around $1,000,000 a year in rent! Thats some BIG Money, Scam or No Scam.

This is something I know about and would be shocked this Landlord did not do some due dilligence on Next Step and WHERE they had been previousely in their 50 year history (per NSMS Website)

About 10 years ago I represented a deal there for 10,000 SF for an attorney and they made us provide tax retrusn for all partners and a 2 month security deposit, plus a letter of credit.

The only thing I can think about is that Next step found a sublease deal, which required no build out and thus the tenant didnt give a shit.

Any reporter wanna pick up on this one it's a great angle,
Author:  Dr. Kenneth Noisewater [ Sat Jun 20, 2009 2:21 pm ]
Post subject:  Re: 225 W. Washington Office Space
My office used to be in that building. It's a nice space and, yes, I had mahogany, rich, smelly mahogany.
Author:  Beardown [ Sat Jun 20, 2009 2:23 pm ]
Post subject:  Re: 225 W. Washington Office Space
Why is this board the only ones really investigating this?

I'll give the Sun-Times some time. I hope they look into all of this.
Author:  Jalapenos and More [ Sat Jun 20, 2009 2:31 pm ]
Post subject:  Re: 225 W. Washington Office Space
The real estate angle might be an important one. It seems odd that a business like this would operate from downtown rather than in some suburban corporate park w/ cheaper rent. And given the revelation in the Sun-Times that Hernandez referred North to someone on restructuring his mortgage in mid-'90s—whom he used—makes me think that Hernandez might be involved in some shady real estate dealings. Maybe Next Step had a deal with the property manager and Hernandez was skimming the rent payments.

Why didn't North mention the refinanced mortgage before? Does he have something to hide? To whom was North referred by Hernandez?
Author:  Score is doomed [ Sat Jun 20, 2009 2:36 pm ]
Post subject:  Re: 225 W. Washington Office Space
I think we should write to the author of the Suntimes piece and point him in certain directions, such as looking into the real north-Hernandez relationship, asking why north's checks didn't bounce, such as north hiding his ownership interest and many other intersting questions.
Author:  Jalapenos and More [ Sat Jun 20, 2009 2:39 pm ]
Post subject:  Re: 225 W. Washington Office Space
The year of the rat is at hand. The more revelations that come out about North concealing information, the more likely he's going to inform on Hernandez to save himself.
Author:  suckers playground [ Sat Jun 20, 2009 2:59 pm ]
Post subject:  Re: 225 W. Washington Office Space
Score is doomed wrote:
I think we should write to the author of the Suntimes piece and point him in certain directions, such as looking into the real north-Hernandez relationship, asking why north's checks didn't bounce, such as north hiding his ownership interest and many other intersting questions.


I disagree. Let the reporters in this city do their own homework. It's one thing to break a story, it's another to feed an angle. If a reporter can't figure out the logical path of this story (and full credit to BigFan for doing so, I don't mean any of that in a negative sense), that's on the reporter - the Webio story is batting practice compared to city politics.
Author:  Score is doomed [ Sat Jun 20, 2009 6:20 pm ]
Post subject:  Re: 225 W. Washington Office Space
suckers playground wrote:
Score is doomed wrote:
I think we should write to the author of the Suntimes piece and point him in certain directions, such as looking into the real north-Hernandez relationship, asking why north's checks didn't bounce, such as north hiding his ownership interest and many other intersting questions.


I disagree. Let the reporters in this city do their own homework. It's one thing to break a story, it's another to feed an angle. If a reporter can't figure out the logical path of this story (and full credit to BigFan for doing so, I don't mean any of that in a negative sense), that's on the reporter - the Webio story is batting practice compared to city politics.


Sorry, I can't wait for them to look. I can guide them if I wish, and I wish to do so.
Author:  Beardown [ Sat Jun 20, 2009 6:26 pm ]
Post subject:  Re: 225 W. Washington Office Space
Score is doomed wrote:
suckers playground wrote:
Score is doomed wrote:
I think we should write to the author of the Suntimes piece and point him in certain directions, such as looking into the real north-Hernandez relationship, asking why north's checks didn't bounce, such as north hiding his ownership interest and many other intersting questions.


I disagree. Let the reporters in this city do their own homework. It's one thing to break a story, it's another to feed an angle. If a reporter can't figure out the logical path of this story (and full credit to BigFan for doing so, I don't mean any of that in a negative sense), that's on the reporter - the Webio story is batting practice compared to city politics.


Sorry, I can't wait for them to look. I can guide them if I wish, and I wish to do so.


You remind me of Hanible Lector. "I'll help you catch him, Clarice"

If we've learned one thing in this mess it's that Chicago's media needs all the help in can get.
Author:  Tad Queasy [ Sat Jun 20, 2009 7:13 pm ]
Post subject:  Re: 225 W. Washington Office Space
Isn't the infamous Ditka line to Neal from Northlake: "My office is at 225 W. Warshington...(something something)...I'll whip your ass."?
Author:  Score is doomed [ Sat Jun 20, 2009 7:40 pm ]
Post subject:  Re: 225 W. Washington Office Space
Beardown, you and I and some others have known CSW was a fraud from the beginning.
I thought it was either a guy laundering money or a gigantic scam.

We were right, North, Kirk, and the others were and are fools.
The press fell for this shit by going to dinners, looking at April Rose and buying North's bullshit.
Author:  jimmypasta [ Sun Jun 21, 2009 1:57 am ]
Post subject:  Re: 225 W. Washington Office Space
Score is doomed wrote:
Beardown, you and I and some others have known CSW was a fraud from the beginning.
I thought it was either a guy laundering money or a gigantic scam.

We were right, North, Kirk, and the others were and are fools.
The press fell for this shit by going to dinners, looking at April Rose and buying North's bullshit.


Hey,I'm still looking at April Rose!
Author:  Jalapenos and More [ Sun Jun 21, 2009 2:03 am ]
Post subject:  Re: 225 W. Washington Office Space
I think Beardown did both: called bullshit on CSW and leered at April Rose.
Author:  doug - evergreen park [ Sun Jun 21, 2009 1:20 pm ]
Post subject:  Re: 225 W. Washington Office Space
i fucking love this message board.... 8)

kudos to you guys.
Author:  My Coach Vinny [ Mon Jun 22, 2009 12:36 am ]
Post subject:  Re: 225 W. Washington Office Space
Doesn't look like lease of sublease. One of those virtual office dealies. Read the first line of the second paragraph.

http://www.amatacorp.com/wasington-225.asp
Author:  good dolphin [ Mon Jun 22, 2009 10:56 am ]
Post subject:  Re: 225 W. Washington Office Space
bigfan, law firms are always scrutinized much more heavily because they are partnerships, rather than corporations. If they disolve without personal guarantees, there is no legal entity to pursue.

So, even though Hernandez' company was looking to lease much more space than your client, it probably did not have as intense of a backround check.
Author:  Gloopan Kuratz [ Mon Jun 22, 2009 12:12 pm ]
Post subject:  Re: 225 W. Washington Office Space
Quick....someone send an anonymous email to Richard Roeper.
Author:  Beebo [ Mon Jun 22, 2009 2:57 pm ]
Post subject:  Re: 225 W. Washington Office Space
Gloopan Kuratz wrote:
Quick....someone send an anonymous email to Richard Roeper.


Sign it "Teddy Greenstein". Worked for Papi
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