CHICAGO | St. Regis Chicago (Vista) | 1,191 FT | 101 FLOORS

[bnk]

Originally Posted by jc5680

^^

pls master tell me how you did this? It appears that this particular tower crane is around 1000 feet from what I can tell.

Also can you do the same and fix the link to a pic at the Bennett tower thread?

http://forum.skyscraperpage.com/show...212361&page=92

BTW I was told more pics are forthcoming.

[jc5680]

Originally Posted by bnk

pls master tell me how you did this?

If you use your browser's developer tools, you can inspect the element to find the full path for the image file. If the host website enables hot linking you can post that path into the insert image option here. (with credit of course)

The whole thing should have an http(s) as well as an image file extension: http://www.site.com/name.jpg

How sites insert images vary though. Sometimes they embed as a background so the url is buried in a CSS file. Sometimes they put transparent layers on top so you can't simple context click and select copy image path. Sometimes the files have extra parameters after the file extension that you don't need but you could edit to adjust things like size or quality.

[bnk]

Originally Posted by jc5680

If you use your browser's developer tools, you can inspect the element to find the full path for the image file. If the host website enables hot linking you can post that path into the insert image option here. (with credit of course)

The whole thing should have an http(s) as well as an image file extension: http://www.site.com/name.jpg

How sites insert images vary though. Sometimes they embed as a background so the url is buried in a CSS file. Sometimes they put transparent layers on top so you can't simple context click and select copy image path. Sometimes the files have extra parameters after the file extension that you don't need but you could edit to adjust things like size or quality.

thanks I will have to read into this more fully later on, and I thank you for your advice. If you could to the same for the Bennett threat link to the same tower crane view from a different perspective I would most surely appreciate it.



I thank you in advance for your yeoman details of mastermanship of pics in general.

[HomrQT]

jc beat me to the draw...

[Natoma]

Looks like Vista is actually for sale now

http://www.chicagobusiness.com/reale...oject-for-sale

[MayorOfChicago]

Sucks for them to sell it at this point, you would think the investors would really want to at least keep this thing until physical construction wraps up, I mean they already have a construction loan in place. The proceeds you'll get on this thing 33% finished compared to just wrapping up construction using the loan are huge.

One good thing is that this is going to market not because it's distressed or the market is distressed, but because of issues with the investor/ownership group.

You would think someone would love to come in and swoop this up, finish it off, and they could likely sell it for a fairly large premium in a short period of time. No big incentive to change the plans. The longer the sale takes or the more they drag their feet selling, assuming construction continues, the chances increase greatly at getting this to completion.

[F1 Tommy]

Maybe Related can buy it and value engineer the rest of the construction

[PaleAle]

Let’s buy it ourselves.

[Kngkyle]

Going to laugh when Related Midwest buys it.

Not that I think they'd be interested.

[left of center]

^ Got $900 million?

[KWillChicago]

Originally Posted by left of center

^ Got $900 million?

Let me shoot a text to K.G., I'll let you know what he says.

[left of center]

^ Know a schmuck who has $900 million to loan out?

[Jibba]

So they'll possibly still occupy the Vista with a Wanda-branded hotel (and also manage it). I'm wondering what the terms of the construction loan are for the various parties. From what I've read about the financing, Wanda helped Magellan secure the loan, and both Wanda and Magellan were seeking equity partners to fulfill $300MM of the $1B cost ($700MM of which is coming from the construction loan, and I don't know who holds what portions of that debt).

[BraveNewWorld]

I’m sure everyone realizes this is the elephant in the room, but I’ll address it. Does this mean construction could stop and possibly the building as a whole? If Wanda’s selling this, are they selling the completed building, or Vista in its current state?

[LouisVanDerWright]

Originally Posted by BraveNewWorld

I’m sure everyone realizes this is the elephant in the room, but I’ll address it. Does this mean construction could stop and possibly the building as a whole? If Wanda’s selling this, are they selling the completed building, or Vista in its current state?

Lol, read this thread dude, no one is not addressing it. As has been said over and over again, there is a ZERO PERCENT chance of this project stopping. There is bank financing already in place and that wouldn't have happened if there weren't all the equity required to finish it also sitting safely in escrow at a title company. No matter what the Chinese Communist Party decrees, they aren't going to be clawing money out of title escrows int he United States. Also Magellan has the resources to build this whole thing on their own if they wanted to, so even if the loan weren't already locked and loaded, it would still likely not be in any jeopardy.

It amazes me how so many people can keep asking this question over and over again, people who are apparently on this site all the time.

[donnie]

Originally Posted by LouisVanDerWright

Lol, read this thread dude, no one is not addressing it. As has been said over and over again, there is a ZERO PERCENT chance of this project stopping. There is bank financing already in place and that wouldn't have happened if there weren't all the equity required to finish it also sitting safely in escrow at a title company. No matter what the Chinese Communist Party decrees, they aren't going to be clawing money out of title escrows int he United States. Also Magellan has the resources to build this whole thing on their own if they wanted to, so even if the loan weren't already locked and loaded, it would still likely not be in any jeopardy.

It amazes me how so many people can keep asking this question over and over again, people who are apparently on this site all the time.

To be fair not everyone understands the economics of the situation and are more worried of another unfinished product more than anything else!

Chill,

[left of center]

Originally Posted by LouisVanDerWright

It amazes me how so many people can keep asking this question over and over again, people who are apparently on this site all the time.

Its a big thread, and I would imagine not everyone goes back to read all the past posts. Sure it's bad netiquette on their part, but you can't entirely fault someone who is from another city and might not read up on this particular thread regularly.

[the urban politician]

Yeah, all that's really happening is that one equity partner is trying to sell his stake in the project. If he succeeds fine, if not, his obligations remain

[LouisVanDerWright]

Originally Posted by LouisVanDerWright

Guys there is zero chance that this project won't be completed at this point. A bank isn't going to issue a multi hundred million dollar construction loan unless All of the equity is there. The money from likely both the bank and equity is probably in a title company escrow account to be distributed as the project is completed. The Chinese government may be able to nationalize assets in China, but they have zero sovereignty in the US. That's not how things work here and that's exactly why the communist party is so worried about money going overseas, it dilutes their power. As Wang himself said, cooperating with the party is a "live by the party, die by the party" proposition.

Originally Posted by marothisu

It seems like every 3 or 4 months, someone finds some article that's already been shared or the information has already been shared - and there's some sort of amnesia with a few people. It's weird.

Originally Posted by KWillChicago

Isn't it like a $700 million loan that Wanda was approved of. No chance this baby's not being completed. Wouldn't be completely shocked if the hotel chain switched at some point.

Originally Posted by MayorOfChicago

Sucks for them to sell it at this point, you would think the investors would really want to at least keep this thing until physical construction wraps up, I mean they already have a construction loan in place. The proceeds you'll get on this thing 33% finished compared to just wrapping up construction using the loan are huge.

One good thing is that this is going to market not because it's distressed or the market is distressed, but because of issues with the investor/ownership group.

Etc. Etc. Etc.

Those are all from the last three pages. He could have literally read just one page of this thread and he would have gotten the picture. It's mentioned like every 15-20 posts for the past five pages.

[harryc]

Jan 31

Shell proof bedrooms - always a good thing on an international border.