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Apple Inc. needed land for data center. Bought single family home for 1.7 million

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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-06-10 02:46 PM
Original message
Apple Inc. needed land for data center. Bought single family home for 1.7 million
Edited on Wed Oct-06-10 02:46 PM by Liberal_in_LA
this couple is lucky the city didn't eminent domain them and GIVE the land to Apple. That's how it goes these days


Apple data center means $1.7 million for house
Adam Satariano, Bloomberg News
October 6, 2010

Apple Inc. needed land owned by Donnie and Kathy Fulbright for a $1 billion data center in rural North Carolina. The couple showed no interest in moving out of their home of 34 years in the town of Maiden.

The Fulbrights say they spurned one offer, then a second. Finally, they agreed to sell for $1.7 million, county records show, opting to leave the single-story house on less than 1 acre of land they purchased for $6,000.

"They told us to put a price on it and we did," Kathy Fulbright, 62, said in the home she and her husband built with the proceeds. The 49-acre property boasts a 4,200-square-foot house with a Jacuzzi in the master bathroom, as well as a man-made pond stocked with bass and catfish.


Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/10/06/BUFM1FOD1P.DTL&tsp=1#ixzz11brdHjqv
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Dappleganger Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-06-10 02:47 PM
Response to Original message
1. Good for them.
Now they have their dream home and Apple is bringing good paying JOBS to NC.
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-06-10 02:57 PM
Response to Original message
2. Well good for them! nt
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Adsos Letter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-06-10 02:58 PM
Response to Original message
3. Huh! Wonder if they need a property like that in my neck of the woods?
:D
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frazzled Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-06-10 03:11 PM
Response to Reply #3
6. Me too ...
Hey, Apple: you need a condo near downtown Chicago? I'll sell it to you for ... say, $1.7 million.
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grace0418 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-06-10 03:17 PM
Response to Reply #6
7. No, I think my condo in Lincoln Square is a much better option.
;)
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frazzled Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-06-10 05:25 PM
Response to Reply #7
10. Howdy neighbor!
I love Lincoln Square. Great restaurants and shops, lovely streets.

I'm in "Fulton River District," which is kind of a mystery to most people.
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grace0418 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-06-10 10:33 PM
Response to Reply #10
12. Hi! I know the area. Used to work on the marketing for a lot of lofts and condo conversions
down there when all that was happening at breakneck speed. There are some great places around there.

Love Lincoln Square too. We have to move soon and I'm very sad about it because Lincoln Square has condos like ours or huge million dollar single family homes. Nothing in between. So I keep savoring every stroll down to the square or a favorite restaurant, knowing that soon it won't be my hood anymore. :(
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surrealAmerican Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-06-10 04:43 PM
Response to Reply #6
9. Surely, they'd rather be up here ...
... in Evanston.
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frazzled Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-06-10 05:25 PM
Response to Reply #9
11. Evanston rocks
I went to grad school there, but many decades ago. Evanston sure has changed since the 70s! Best farmer's market in the Chicago area, too.
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sharp_stick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-06-10 02:59 PM
Response to Original message
4. I'm still pissed at New London CT
spend years trying to kick people out of their homes to give the land to Pfizer. Finally using eminent domain to force shitty deals on them, taking that all the way to the Supreme Court and winning.

The people move out, Pfizer tells New London to Fuck Off, they don't feel like building there any more and now it's just another coastline eyesore.
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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-06-10 03:02 PM
Response to Reply #4
5. awful.
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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-06-10 03:30 PM
Response to Original message
8. Hope they enjoy paying the Property Taxes.
Hope their money doesn't run out.
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