Thursday, January 9, 2014

Greg Dillon And Greensboro's New Math

On Tuesday night the Greensboro City Council met in closed session to discuss incentives to the proposed Wyndham Hotel project to be built by Randall Kaplan, George House and Washington, DC area investor, Greg Dillon. According to Amanda Lehmert of the News & Record the council's concerns are the cost of the parking garage:

"Mayor Nancy Vaughan wouldn’t provide details, but she said the council made a proposal to investors and is waiting to hear back.

Councilman Zack Matheny said the council won’t support the city building a parking deck for the project.

“We just can’t do the parking deck,” he said. “It’s in their court right now.”

But what Amanda may have not known was that on December 9th I submitted an as yet unanswered public information request concerning the use of the IMPLAN anaylisis tool and the figures that were submitted by Mr Kaplan and company to the City of Greensboro that has until now, gone unanswered.

Do they not plan to answer me until after several $Million Dollars are given to Misters Kaplan, House and Dillon?

You see, Mr Kaplan's numbers were forged, based on a 100% occupancy rate when Greensboro's current hotels only maintain roughly 54% occupancy. You do the math.