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It's homeowners aren't the only ones struggling to refinance their properties right now investment companies and real estate -- about skyscrapers at the height of the boom.
Are also feeling the pain Jeff Flock is line atop the John Hancock center in Chicago.
-- -- it is getting pretty creative about paying its bills.
Exactly you know they've made it a much more attractive place films haven't observatory up here maybe you see get a nice few particular it's a nice day there was a lot of -- early this morning.
For on the 94 floor.
And they have done now in addition -- -- -- try to put this cafe in this is so love bonds which is the first was the first one.
The first franchise for a I've got to -- more some with -- who is the operation -- here at the Hancock.
They put the first -- a franchise in and then take a look at that's this is something that.
You can't was 2500 dollars an hour for the sometimes -- -- to rent this rink out.
Yes that we actually during the first quarter we have this commotion going on we -- as part of -- from space so they were you can read that or you can just be like these folks here Richard Cummins.
Today cute they paid their money and they come up and they can skate appear exactly once you get your admission ticket it's just five dollars come up he stated we've even got -- for another dollar.
You know Melissa a lot of buildings.
You know particular ones like this one bought at.
At the height of the real estate boom they're just like you know you would mean maybe we bought a building -- and then are we bought a house and you know.
It's not worth as much as it used to be but this is one that offers tremendous views and -- capitalizing on that do you have a cool.
Yeah I mean they're -- they're obviously looking at more ways to generate revenue which is clever the other way to work on it is to refinance I mean how hard is that these buildings or refinance right now.
It's really tough these days not tell you why because some of the people that own that some of the Paper on -- they would actually rather take over the building and it's for reasons like this this kind of stuff you know they've gotten created the owners have gotten creative -- brought in.
Right here in god we almost I was wonder -- -- don't see somebody go down.
Yeah I notice -- -- -- -- on there's this.
And you know there's a good reason for that -- there yeah absolutely B I'll be working back and local like cable access after that one so.
But you know it is difficult to it is -- to refinance these days particularly because the people -- own the Paper.
What actually like to take over the buildings these are great buildings and they offer a lot of potential.
You know if if the right -- got -- in their hands.
All right it's history Jack thanks so much for joining us.
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