Drawbridge faces foreclosure...again

[ColonelCrazy]

http://nky.cincinnati.com/article/AB/20120223/NEWS0103/302220210/Drawbridge-sold?odyssey=tab|topnews|text|FRONTPAGE

 

The Drawbridge was able to avoid foreclosure in December '10.

[HammerTime]

I wonder how much money the Deters Family lost on this deal?

[uk#1fan]

It was ran by Nathan Deters.

[sportsfan41]

I wonder how much money the Deters Family lost on this deal?

 

Charlie has PLENTY more to lose so I'm sure they aren't too worried about it either way. I think their only concern is that it makes them look poorly from a business perspective. Other than that it's no big deal.

[98NCCalum]

Bed bugs will do that.

[Kentonman]

Scheduled for sale on March 6, valued at $5,220,000.

[HammerTime]

Charlie has PLENTY more to lose so I'm sure they aren't too worried about it either way. I think their only concern is that it makes them look poorly from a business perspective. Other than that it's no big deal.

 

Losing 5-10 Mil is a big deal to anyone.

[ColonelCrazy]

Charlie has PLENTY more to lose so I'm sure they aren't too worried about it either way. I think their only concern is that it makes them look poorly from a business perspective. Other than that it's no big deal.

 

Didn't realize the Deters family owned this. Isn't Charlie Deters 80 years old?

[RomanEmpire]

My prediction.........this entire property will be bulldozed.

[sportsfan41]

Didn't realize the Deters family owned this. Isn't Charlie Deters 80 years old?

 

He's certainly up there, not sure is exact age. They are LOADED though, he's got several establishments up here, a few banks, and has a pizza company as well as some apartments or condo's down in Florida. Will be a long time before one of the Deters is struggling to get by.

[Beechwoodfan]

Bed bugs will do that.

 

 

They had bed bugs?

 

It is a shame. I remember when the Drawbridge was a great place. I guess the newer convention centers and hotels outdated them. The Drawbridge was good for our community for a lot of years.

 

I wonder if the Gatehouse will go down with it. I always loved that place and have been hopeful that might reopen.

[Clyde]

NKY/Greater Cincy "cougars" weep at the news.

[TAC]

NKY/Greater Cincy "cougars" weep at the news.

:laugh:

[Alabama Larry]

The railroad put us up there, I have stayed there many many times. Didn't care for it. We had to walk to find a place to eat and no place to run. They now stay closer to Cincinnati.

[SportsGuy41017]

The railroad put us up there, I have stayed there many many times. Didn't care for it. We had to walk to find a place to eat and no place to run. They now stay closer to Cincinnati.

People can't walk these days? EVERY food place you could almost think of just a couple 100 yards away. No place to run? Not sure how much closer to Cincy, but downtown has almost NOTHING in food after hours.