Originally Posted by
esp1986
There were no structural damage to the Book-Cadillac, there was with the Lafayette, and the belief is that this is the case with the Wurlitzer too... it is this fact that allowed even the most complex financing package to be lined up for the Book-Cadillac. This was not able to be done with the Lafayette, and now appears to be the case with the Wurlitzer... but yes, the structures themselves were what was deteriorating, with these other two, the Book-Cadillac had no such structural damage, even though the deterioration was significant, the structure was still in pretty good shape, good enough to make financing the project possible.