Hotel Utica Foreclosed-Being Shut Down

Hotel Utica Foreclosed-Being Shut Down

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Really

Herkimer, NY

#2 Dec 23, 2012
And how? If the city forecloses, they are second in line and must pay the Bank of Utica close to 3 million, which the city does not have. The olnly way for the city to take it without paying the Bank of Utica is tax foreclosure, which will not happen ad the bank pays the taxes to protect its investment
truth

Carthage, NY

#5 Dec 24, 2012
Plus there is benefit of closing it. If it is closed it will make zero payments which would benefit nobody.
So true

New York, NY

#6 Dec 25, 2012
Really wrote:
And how? If the city forecloses, they are second in line and must pay the Bank of Utica close to 3 million, which the city does not have. The olnly way for the city to take it without paying the Bank of Utica is tax foreclosure, which will not happen ad the bank pays the taxes to protect its investment
I remember back on June 24, 2010 when the city of Utica started the tax foreclosure process. Within a few hours of the article showing up in the O.D., the Bank of Utica delivered a check to the city to pay the back taxes. If I remember right, they paid the full amount of $447,039 in back taxes to stop the foreclosure process.

Unless something has changed, I am sure the bank of Utica will protect their collateral by making sure the taxes are paid.

[See article titled "Hotel Utica lands on city foreclosure list" By DAN MINER, Observer-Dispatch, Posted Jun 24, 2010 @ 05:17 PM]
Mike Cerminaro

New Hartford, NY

#7 Dec 25, 2012
Unelievably, Mike Cerminaro tipped the Bank of Utica off and they made the payment to take the building from the taxpayers. True story!!!!
ESQ

Sherburne, NY

#8 Dec 25, 2012
And now Christmas morning the Hotel Utica will hereby be named "THE BANK OF HOTEL UTICA" "A UTICA LANDMARK"
Well

Ithaca, NY

#9 Dec 25, 2012
Mike Cerminaro wrote:
Unelievably, Mike Cerminaro tipped the Bank of Utica off and they made the payment to take the building from the taxpayers. True story!!!!
There was no tip. All lien holders are told six months in advance by certified mail. It's the law.
economics

Herkimer, NY

#11 Dec 25, 2012
My opinion wrote:
I think Tom Clark should buy the Hotel, he's a businessman and could make it work.
Yea lets give Tom Clark another downtown building for one dollar and no taxes for another 20 years. Most of his money was made from all the scam deals he gets from the city officials at the tax payers expense. Remember he hold the record in the US for the number of failed and closed down McDonalds restaurants at 3. A real success he is.
Well

Ithaca, NY

#13 Dec 25, 2012
economics wrote:
<quoted text>
Yea lets give Tom Clark another downtown building for one dollar and no taxes for another 20 years. Most of his money was made from all the scam deals he gets from the city officials at the tax payers expense. Remember he hold the record in the US for the number of failed and closed down McDonalds restaurants at 3. A real success he is.
Wow someone is jealous. Tell ya what, I will give you a building for a dollar IF you can show you will invest over TWO MILLION of your own money in it, create jobs, bring other businesses downtown, and continue to invest millions of your own money in more properties... Just like Tom does. But you can't because you are a jealous wanna be with no understanding of how to create and run a business, that's why you cry like a little baby...
bink

Charlestown, MA

#14 Dec 25, 2012
tom clark wont take that old building.It is a dump really. There are beautiful hotels in the area ,who would want a room at that dump. Knock it down and sue all the thieves involved in that dump.Hanna screwed the city again when he gave that building to those cons.City money,bank money, tax payers money and with all the bad publicity who would ever book a wedding there.You dont know if the place would be standing when wedding day comes around. Please spare us the pain now and end this folly.
PT Barnum

Gouverneur, NY

#16 Dec 26, 2012
breaking news wrote:
Loan payments havent been made in 3 years. City is on the hook and is serving foreclosure papers on Thursday.(according to Mayor Palmieri),
This entire Hotel Utica fiasco was a scam from day one. Carlucci and Gaetano made out like the bandits that they are however.
Waddayamean

Washington, DC

#17 Dec 26, 2012
well I'll be damned - just another Utica scam...but are any wild boars hanging out at the Hotel Utica? or does Clarks main squeeze Bernadette do fashion shows there...hmmm maybe its just another mafia scam...
sell it to the Chinese they own everything anyway...or convert it to another mosque at taxpayer expense, maybe they'll hire a few Utica unemployed...
What does the OD say...oh nevermind...thats yesterdays news today since the OD is printed in Binghamton, way to stay local Donna (as she takes her bonus, makes cutbacks and keeps the OD from ever being competitive)
BLACK-FAILURE

Manlius, NY

#18 Dec 26, 2012
Who's the BLACK man that owns it ???

HAHAHAHAHAHHAHHAHAHHAHAHAHHAHA HAHAHHAHAHHAHAHAHHAHAHAHHAHAHA HHAHAHAHHAHAHAHAHHAHAHHAHAHAHH AHAHAHHAHAHAHAHHAHAHAHAHHAHAHH AHAHAHHAHAHHAHAHAHAHHAHHAHHAHA HHAHAHAHa
BLACK-FAILURE

Manlius, NY

#20 Dec 26, 2012
You own mammys sickle cell, go failure.
BLACK-FAILURE

Manlius, NY

#22 Dec 26, 2012
mammy As usual! Above posted by poor disgruntled utica JIGGERS. Don't believe me? Post ANYTHING negative about the failed unaccountable fat fake unaccountable JIGGERS ignoring his corrupt lazy boys and watch how fast the GIGGERS posts pop up like clockwork! He ignores DWIs his guys get in city paid cars in Canada what do you think this fake lowlife truly cares for utica??These are poor ignorant racists disguised as adults, living their worthless GIGGERS off your dime for that HUGE 50 k a year LOL!!!
BLACK-FAILURE

Manlius, NY

#24 Dec 26, 2012
All black please roll around in the snow to look human.
BLACK-FAILURE

Manlius, NY

#27 Dec 26, 2012
Yo mammy gonna need some new teeth, well the sickle cell did away with most.
BLACK-FAILURE

Manlius, NY

#29 Dec 26, 2012
Giggers can't afford their own rent.
BLACK-FAILURE

Manlius, NY

#31 Dec 26, 2012
Was that yo mammy on youtube loser ?
cornscrapper jowls

Manlius, NY

#34 Dec 27, 2012
Blacks will never miss it. They have jowls.
cornscrapper jowls

Manlius, NY

#36 Dec 27, 2012
So sad they fail for thousands of years.

Africa is the poorest by far of all continents even though it has the second most natural resources in the world. It has the most fertile soil for crops in the world but yet has the most Mal-nurished population. Africa also has more genocide in its continent than the rest of the world in history has combined. Don't forget 1 in 4 Africans have aids.

So Africans having the greatest opportunity with its wealth of naturual resources and geography find a way to be the poorest, most murderous, most starving, and most disease infected people on the planet. Not to be cruel but is proof blacks just can't seem to help themselves.

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