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According to Ikea, their Seattle store is in Renton, not Kent.

Further on the subject of Ikea, there was an article in the Wall Street Journal earlier this week where Ikea said they plan to ramp...

You are quite right, but understate the problem.

They are not proposing to tax themselves now for things they want now because they ave already taxed themselves now (and through 2017) for the...

So... totally analogous, but different?

In the end, though, it does not matter if it downtown OKC is totally analagous to the New London waterfront. Oklahoma law does not allow an eminent domain...

What is "organic" growth as opposed to "forced" growth? Sounds to me like something that Tulsans would say to make themselves feel better about losing out to the city they have all been brought up...

The course of the law of eminent domain is misstated. For many years (decades) prior to Kelo, many jurisdictions have in fact used eminent domain to take properties that were then used for private...

How did you calculate the premium, if I may ask? Did you use the amount by which the total paid exceeded the total appraised value, or did you add the premium paid on each purchase and divide by 332...

Here's some more interesting information related to the topic of whether appraised values are a good guide to market value.

Continental bought their new headquarters for $22.5 Million. ...

Have you calculated the total paid and the total appraised value? Those would be interesting numbers.

Except there is absolutely no evidence whatsoever that either of them paid any "premium" over true market value. They only paid a "premium" over the assessor's appraised value. In fact, far from...

LOL Yeah, used furniture and equipment adds so much value to a multi-million dollar building purchase. Yes, that might explain 1 or 2% of the 42-72% premiums paid in those two deals. Nice try,...

What rumor re: Woodland Hills Mall? this is the first I've seen of such rumor.

Regarding The Woodlands, that is more than a possibility. Nordstrom and General Growth announced last week that...

... or, apparently Continental Resources (who paid 42% over appraised value), or American Fidelity (who paid 72% over appraised value), just to throw out 2 recent examples that come to mind.

Your...

Perhaps so. I withdraw my assertion that there are few sales for less than appraised value. If anything, that more firmly establishes the unreliability of appraised values as a proxy for "worth"...

Dude, before you crank up your little strawman factory even more than you already have, I am not saying and have not said that Chesapeake hasn't overpaid; nor that their real estate investments make...

Maybe you haven't confused them in your mind, but you have confused them in your posts, such as by claiming the appraised value as the "worth" of a building. See, e.g., your post #916: "a property...

Further on my point above re: your confusing appraised values with market value:

Continental Resources reportedly paid $22.5 million for the 20 N. Broadway Building that was, at the time of their...

Hold your horses, Pete.

The $219 million loss was booked for surface land and [Chesapeake Plaza] in the Barnett Shale operating area. We have no way of knowing for sure, but logic suggests that...

These are the 18 components of the formula:

1. Five-year change in private-sector employment.

2. One-year change in private-sector employment.

3. Long-term trend in private-sector...

On the other side, my list also does not include arenas that were built and owned privately but received large public subsidies (eg, the new arena in Brooklyn... Approximately $200 Million in...

Good points.

No. Not at all. That just was intended to mean "never mind", as in , I started typing something and then realized I had opened the wrong window and had nothing to say... ;-)


but since you...

nm

No. That is not what this says.

The chart to which you are referring discusses site-derived cost premiums, not the total cost. This shows what the particulars of each site add to what...

I did not mean to give the impression that only 8 were owned by the cities or states.

Add Memphis, Phoenix, Milwaukee, Indianapolis, Minneapolis, Orlando, Atlanta, and Oakland (Golden State). In...

Quite a few: All three Texas NBA arenas, Miami, Cleveland, Charlotte, New Orleans...