Eighty percent of the commercial property in the Fire Island Pines is up for grabs!
The same bunch of property that hit the headlines last November when a fire hit the Pavilion nightclub and burned it to a crisp.
According to markatlarge.com, FIP Ventures — which bought all that property only two years ago, for $17 million — is now trying to unload it for $22 million.
There’s just one problem:
According to the article, the Pavilion’s reconstruction process is going slower than a burnt-out reveler trying to find the way back to his share at 4 a.m.
In fact, “As of today, it remains a plot of sand.”
Want to spend 22 million bucks for a plot of sand?
I would because it’s full of so much possibility. And sand! I adore sand!
But $22 million might be a bit steep, especially since $17 million was considered high two years ago.
Still, I hope someone bites, since the Pines without the Pavilion is like a gay without sunshine.
I emailed co-owner Andrew Kirtzman for comment about all this and he replied, “I don’t have anything for you, unfortunately, but wanted to get back to you. I hope to speak with you soon.”
In the meantime, place your bids — but don’t pack your disco gear just yet.