Who gets paid if the Hot L Greensboro deal goes down?
Not maybe, not down the road, but cash money?
Chisholm.
Alston -- UPDATE -- working now to confirm he gets paid.
Anyone else?
Any development fees, or equity cash-outs, or anything else that might be of interest to the public?
If so, who gets it, and how much?
Randy's mom can stop washing cars.
Posted by: Fec | Jan 20, 2010 at 10:42 PM
Milt can settle his bar tabs.
Posted by: Fec | Jan 20, 2010 at 10:45 PM
Roy isn't the biggest fool downtown.
Posted by: Fec | Jan 20, 2010 at 10:48 PM
it would be interesting to do a foi request between alston and chisholm for emails and other communications. Ed talk to someone a news and record for a foi request.
Posted by: triadwatch | Jan 20, 2010 at 11:34 PM
Official response: "Nothing to see or read here. Let's move forward."
Posted by: Bubba | Jan 21, 2010 at 08:30 AM
Someone needs to ask Alston how much money he gets if this deal comes together. Are there any ethics rules that require an elected official to disclose any business relationship with matters that are before the city or county?
Posted by: Andrew | Jan 21, 2010 at 08:56 AM
One of the most recent impressions conveyed has been that Alston will not receive a brokerage fee since there is no property transfer taking place. Is that true or false?
Posted by: Joe Guarino | Jan 21, 2010 at 09:05 AM
Also, does Chisholm get paid if the hotel is not profitable?
As Keith has previously suggested, the names of all the investors need to be divulged.
Posted by: Joe Guarino | Jan 21, 2010 at 09:06 AM
Joe, I believe Chisholm gets paid up front, before the project is even completed; her take is not contingent upon its success.
I have not heard that Alston does not get paid -- he brokered the deal, and brokers tend to get paid.
Posted by: Ed Cone | Jan 21, 2010 at 09:20 AM