Anyone know what’s going on with all the random fixes in the Wilm, DE office? Like they aren’t doing any real updates. It’s still stuck in the 80’s, but it’s like they suddenly care about the building’s condition. Today they were painting the garage and some random areas inside. I think they did some power washing too. They added car charging spots a few months ago, phones in the elevator lobbies, were doing something with lights in the garage, changed the garage arms, new rugs and chairs in the main lobby, they added metal to the bathroom stall doors so no one can see you sitting there. Are they staging the building to get it ready to list again?
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@1mbl+1uQiEHHe What are you talking about? I think you fell off your rocker? Definitely not overpaid in Wilm. Very much underpaid.
The sale of the 3 buildings (103, 301, and the former DuPont mansion is a package deal. Rates are still too high and availability of office space on the area is too great to make this an attractive purchase. The buyer would at least have a tenant for one of the buildings. The sale of the buildings along with a desire to not rent can only accelerate what appears to be an exit from Wilmington. After all, the BNY Mellon Corp is already a Delaware Company paying the lower Delaware Franchise tax (compared to NY or PA). And they found they can do this without having much, if any, of a footprint.
Who cares… Wilmington was only a highly paid group of KYC people and Notaries. This was the most overpaid and under worked employees for the last two decades. How this gravy train came about is a true mystery. Nepotism is the likely answer.
When are they going to sell?
Not sold was taken off market, maybe upgrades are being done to relist? Now that India is doing such a great job lmao¡!!!!!!!!!!!!!!!!
Someone commented in the prior post that the company might close the building in 2026.
Sold
what about the old building, 301? Can they sell?
Cause they’re going to sell