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Tiki Central / General Tiki / Trader Vic's(Beverly Hills)fate sealed? Not if we can help it!

Post #282870 by Swamp Tiki on Sat, Feb 3, 2007 11:51 AM

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You are right. But corporate owners tend to act differently in the face of public concern (a.k.a. outcry) from time to time. Historic Preservation is a growing concern in many communities around the country. There are considerable tax incentive programs that benefit historic income producing properties that many business owners and corporation heads currently know little about. Efforts such as this bring these incentive programs into the limelight and can have positive effects. Nothing can be accomplished if we just sit around and assume that nothing can be done. Hell, Trader Vic's is eligible for a 10 year tax freeze and several preservation grants that would aid in any restoration and/or rehabilitation costs. We can assume that their accountants are aware of this, but probably not. This information is primarily researched by preservation attorneys and accountants, specialists in the field. A "devil's advocate" is always needed for balanced debate, but not for shutting interest and action down.

Swing over to the updated thread in General Tiki for updated material.

Thanks,
Swamp