[DML] Re: History Channel Documentary

[mdeluca@xxxx]

As I recall in JZD autobiography, John addressed the issue of the
expensive
New York address and real-estate and stated that he had negotiated the
rent
(at a time when the market was soft I believe) and was actually paying
below market rent for a very prestigious address, nothing wrong with
that in my book.
Note: This information that should be easily verifiable which would
end the
the debating and speculation that has always surrounded this
issue.
(Just my two cents).

Mike D.
Vin 3113
NY Lic. DLORIANN


cbl30-@xxxx wrote: 
original article:http://www.egroups.com/group/dmcnews/?start=4437


> In a message dated 11/5/99 10:46:28 PM Eastern Standard Time, 
> DaleSchaub@xxxx writes:
> 
> << The Park Avenue offices have nothing to do with his budget
overruns. I run
> an office and his Park Avenue office cost are extremely small when
compared
> to other expenses. Although I have not tried DeLorean's approach, I
do not
> see it as the reason he needed money. >>
> Apparently you do not understand about Park Ave New York,It is/was
THE most 
> expensive place at the time to have a office,it was not unheard of,
to pay 
> upwards of $100,000 or more per month in 1981 dollars appox.($400,000
in 
> todays dollars)per month for a office on Park Ave ridiculous for a
startup 
> company.There were less expensive areas that would have impressed his 
> clients,than throw good money at
> Park ave,again the downfall of DMC was NOT the car but the man
himself for 
> foolish spending,and not sticking to his original plans to make the
car as 
> originally planned.