Week #28 – 5 x 5

fiveMy 5 least favorite public officials
Nancy Pelosi
John Boehner
Joe Lieberman
Harry Reid
Michele Bachmann

5 Favorite Desserts
Cheescake
Creme Brulee
Key Lime Pie
Boston Creme Pie
Apple Pie (cold)
(Can’t recall the last time I ate any of them)

First 5 Random Songs on my iPod
When My Love Crosses Over – John Hiatt
The Bottle – Gil Scott-Heron
We Used to Vacation – Cold War Kids
Big One – Nellie McKay
First Kiss – Tom Waits

5 Things I Won’t Miss About 2009
Wasting my Time on a Helpless and Futile Project
Cash for Clunkers
The Yankees
The Jay Leno Hype
Kate Gosselin

5 Things I’ve Learned about Blogging
You don’t develop a following outside your friends and family
It alternates between being fun and being a chore
Blogging regularly is a lot easier than blogging sporadically
Laying out your life story has some risks
Lists are a good way to take the pressure off of writing

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personal

It was time to write this story. It has bothered me for so long that I need it off my chest once and for all. This is the (very) brief accounting of what happened to my partner and my purchase of Hamilton Hall.

Sometime in 2004, my business partner and I  submitted  the winning bid to buy Hamilton Hall from the University of St Andrews. While we were clever enough to recognize a great building, we had no real estate development experience. Our cleverness ended there when we failed to select the right partner. We are responsible for bringing this wonderful, Victorian landmark to Wasserman Real Estate Capital (WREC). That was our grave error.

3-St Andrews Grand

Hamilton Hall

While the possibility of a economic score seemed possible and probable, our primary concern was that the project was done properly and with consideration for St Andrews, Scotland and the world of golf. If this happened, everything else would take care of itself. We were, after all, homeowners in the town and long time visitors to St Andrews and Scotland. Although Hamilton Hall has many constituencies, this was completely lost on WREC. Until the time of purchase, the WREC principles had been to Scotland once and that was on a boondoggle hosted by Bentley Motor Cars. Seeing Scotland through the eyes of a luxury automobile company hardly qualifies one to develop one of Scotland’s most important and iconic buildings. In retrospect, Wasserman Real Estate Capital wasn’t remotely qualified to develop this building. They didn’t have the necessary capital, the knowledge or the experience to turn this into a success for all. They expected it to sell itself. And while this is not a viable strategy, it almost did sell itself.

For months on end, I sounded like a broken record. “It’s a great building but what are we selling,” I asked repeatedly. “When people/members arrive here, what type of experience are we delivering to them?” I was not alone. In the course of 18 months, WREC hired and fired not less than 11 sales/marketing/public relations companies, all of whom were saying exactly the same thing. This was not a good message to send to the marketplace. Deadline after deadline was missed. Bills weren’t paid or were delayed indefinitely. Lies were the order of the day. David Wasserman  would constantly tell us that if we got more members to sign up, then we could spend money on marketing material and amenities. I have email after email where he would blame everyone but himself for the lack of sales. Yet, he said he would handle the sales exclusively. But think about this for one second, how can a project be set up for success if sales were needed to drive the expenditure for marketing materials? David Wasserman ensured his own failure and those around him.

His lips are moving......

His lips are moving...

Today, the building stands vacant, a shell of its former glory as the Grand Hotel. Nothing has been done for over two years. I remember hosting a series of cocktail parties at my home in St Andrews where David Wasserman presented his plan to the local citizens. Not one word of his plan ever came to fruition. He constantly told people that work would begin, only for that deadline to uneventfully expire.

I couldn’t be more sad about a project that started with so much promise. I am convinced that in the right hands, this project would have not only worked but flourished. Now, it is the perfect Harvard Business School case study…for what not to do. I do not expect WREC to be the lead developer on anything that goes forward with this project. They don’t have the resources. Their professional staff has left and the bank holds the mortgage for the total of the purchase price. Shortly, the bank will determine the future of this wonderful building by announcing its new owner.

Though I am sad that I am no longer involved in my dream project, I am thrilled to hear that the building will be resold. My fondest hope is that  Hamilton Hall’s new ownership understands the building’s importance to the town, Scotland and the world of golf.  This grand building deserves to be restored to its former glory and once again be a source of great pride for the people of St Andrews.

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wonder1I think about blogging all the time. I think about how much I love doing it, how much I hate it and how much time it requires. The time factor is what always stops me dead in my tracks. It’s not really about how long it takes to write. That part is easy. It’s about how much consideration I pour into writing. It may not get written about but whenever I sit down to think about all the wacko things I think about, I end up spending 2, sometimes 3, hours on a single Aye Wonder post. Wouldn’t you agree that it’s difficult to carve out an extra 2-3 hours out of your day? All that aside, if it appears here, sometimes it becomes a weight that has been lifted, if you will. I think about it less. I feel like – if you are thinking about it now too that somehow it lightens the load for me. I know it’s not true. I was telling a friend of mine that sometimes I think of the strangest things. For example, on a recent trip to St Barth (alternatively spelled St Barths, St Bart or St Barts), I began thinking about why some of the towns named after a saint have a “s” at the end; St Andrews immediately comes to mind. Was the town named after 2 or 3 or more St Andrews? I know that’s not true, so why the multiple insinuating “s?” Was it possessive and over time the apostrophe was dropped? Try googling that one puzzle-master. I don’t know what to say. My mind is constantly in motion and I suppose…it beats the alternative. Over the past several months while I wasn’t writing, I have been thinking and thinking and thinking. Sometimes I ponder about the most mundane of issues and other times, most other times, about the issues that plague us as a nation and as a world. Lucky you. I am sharing today.

☞Since President Obama was elected, I thought his demeanor and thoughtfulness would win over some of his detractors. So far? I couldn’t be more wrong. Yesterday, the Pew Research Center produced a study that shows that the partisan gap in approval ratings is the highest in 4 decades. In other words, 88% of Democrats think that the President is doing a bang up job while only 27% of Republicans think the same. How is it possible that we can all look at the same body of work and come up with such disparate opinions? I know the argument; Democrats think that government is the solution and Republicans think that government is the problem. Is it possible that we are all mired in thinking that is conventional and not reflective of the times? Just wondering.

chart

☞Bernie Madoff is really the scum of the earth.

☞In 1976, George Harrison lost a lawsuit that claimed Harrison’s My Sweet Lord was plagiarized from the Chiffon’s He’s so Fine. Since then, there have been many claims of copying songs but the most recent instance will definitely draw a lot of publicity. Coldplay was in court yesterday defending themselves against claims that their Viva la Vida was directly copied from Joe Satriani’s If I Could Fly. Have a listen for yourself and remember….there are only 8 notes.

YouTube Preview Image

☞Many of you have asked about how my recent foray into band management is going. Hmm…great, terrible, rewarding, frustrating, exciting, depressing…well you get the idea. It’s like parenthood. ENDWAY is five incredibly talented, mid-twenty guys who want success and they want it now. We have had some exciting moments together. The band played SXSWin Austin, TX., the largest independent music festival in the world. Tomorrow, Morgan Dorr, ENDWAY’s lead singer, belts out the National Anthem at Fenway Park where the Red Sox host the Tampa Bay Rays in the night game home opener. But in fairness, we also have had our struggles. In all, I love doing it. The guys are genuine, big-hearted and open to learning the process. We have a plan that requires execution and will surely give us a leg up in the industry. Stay tuned for the unearthing of the plan. Below is the press release for tomorrow and underneath that is a clip of Morgan singing the Anthem.

***MEDIA ALERT***

MORGAN DORR TO BRING ENDWAY TO FENWAY
Lead Singer, Boston Favorite to Sing National Anthem at Red Sox Game

WHAT: Morgan Dorr, lead singer of Boston’s very own Endway will make his “major league” debut as he sings the National Anthem at Fenway Park in Boston, MA, as the Red Sox take on the Tampa Bay Rays for the first night home game of the 2009 season.

WHO: Morgan Dorr, lead singer of Endway will perform the National Anthem, with the sideline support of band members, Kevin McHugh (Guitar / Vocals), Scott James (Drums), Brian Lempert (Keyboard) and Alex Sandman (Bass / Vocals). Their album, Action, was released in the summer of 2008 and follows their successful self-titled 2005 release. Following their recent performance at SXSW in Austin, TX, the band drove an additional eight and a half hours to go to New Orleans to volunteer for the Animal Rescue New Orleans (ARNO) with animals that were abandoned and lost during Hurricane Katrina.

Also, while touring in Costa Rica in January 2008, Morgan, Kevin, Brian and Scott worked hands-on with the Roberta Felix Foundation, a charity that benefits underprivileged children with special needs. “During the day we were contributing in any way that we could,” says guitarist Kevin McHugh. “It was an eye-opening experience to see that every little bit counts.”

Four songs from the debut album are featured on five successful MTV shows including The Real World, Road Rules, and The Hills. Endway has shared the stage with national acts: All Time Low, Brand New, Boys Like Girls, Hoobastank, Dashboard Confessionals, A New Found Glory, Fair To Midland, Damone, The Lost Prophets, and The White Tie Affair.

WHEN: Wednesday, April 8, 2009
7:00 pm National Anthem

WHERE: Fenway Park
4 Yawkey Way
Boston, Massachusetts 02215

CONTACT: Traci Coulter / traci@tcopr.com / 917.776.9184

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

☞Two weeks ago, a senior Chinese official floated the idea that the dollar should be dropped as the key reserve currency. While our financial leadership, Geithner & Bernanke, rejected the Chinese proposal, don’t think for one second that issue is going away because we want it to. Given our domestic financial conundrum, we are no longer dictating policy to the world. Expect China to push this issue. What happens with it may be the key to our future.

☞In my last post, I mentioned my disappointment over Scarlett Johansson’s decision to trade in her blond locks for brunette ones. I misreported and I am happy to say, she is not brunette but a redhead. I am perfectly fine with this. That is all.

☞I just made myself a lovely little sandwich for lunch. It had soppressata, provolone cheese, oregano, fresh basil and a glisten of extra virgin olive oil. I would have loved to put it all on a richly sliced French boule but I settled for a more diet conscious wheat wrap. I think I mentioned this awhile ago here that I love to make sandwiches. Combining ingredients across a variety of different cuisines to make a mouth watering lunch appeals to me. If you are ever in Boston, venture over to La Verdad on Lansdowne St. Make certain that you are hungry and then order Ken Oringer’s Chicken Milanesa Torta. It is a griddled sandwich that has oaxaca cheese, molasses-chipotles, avocado, Mexican herbs, refried bean & mayonesa. (It is also served with Yucatan slaw and spiced plantain chips.) It is an amazing amalgamation of heat and cool, firm and messy, contrasting textures and all round goodness. It is without question the best sandwich I have EVER had. So there.

☞My friend, Mary Grace knew North Carolina was going to win the NCAA Championship last night. And while my hat is off to her, I will go out on a limb and predict that your Boston Red Sox will win the 2009 World Series. Jed Lowrie will turn out to be the second coming of Dustin Pedroia. Jacoby Ellsbury will be the league’s most potent leadoff hitter and his play in centerfield will be a marvel to watch. Most importantly, the pitching staff will be the envy of all. 100+ wins is within reason. You heard it here first.

Aye wonder if I should be in the prediction business.

And so should you.
Welcome back.

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I love NYC, not as much as Christine but I do love it. I think New York, for me, would be behind, Edinburgh, Boston, London, San Francisco, um…um…and then New York. I say that, tongue firmly in cheek, because of the Boston/New York sports rivalries. But there you have it.

Photo Hunter

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It’s difficult to believe that Halloween with its goblins and witches is upon us already. But imagine a place where you can encounter ghosts and the paranormal not just in October but every month.  Due to it’s somewhat bloody history, ghosts are not unusual in Scotland. However, they are positively commonplace in St. Andrews and the County of Fife.

I’m sure you need convincing.  How about the “ghost car” driven by a malevolent looking man that speeds down the “A7″ causing reoccurring accidents?  You need more don’t you?  Of course you do.  There’s always the assassinated Archbishop of St Andrews, James Beaton, who rides down Strathkinness Road in a phantom coach drawn by four large horses.  The murdered Prior who can be observed on moonlit nights watching over the Tower of St. Rules might convince you. Or the “white lady” would definitely scare your hair straight.  It’s not unusual for this “ghosty” woman to run right through you by the square tower.  I know I’m not making a strong case for you but name one other country who recognizes the Ghost Tracking profession.  A few years ago, one of our friends in St Andrews awoke to a wee, ghoulish, girl at the foot of her bed…on a regular basis.

About two years ago, I was at our home in St Andrews while Christine was in Boston. One Sunday afternoon, I called Chris from the drawing living room while making myself comfortable in a big winged back chair. Five minutes into our conversation I heard the unmistakeable sound of hoovering vacuuming from the next floor. Chris heard the startle in my voice and asked what was up. “I thought I was in the house alone. Someone is upstairs,” I hesitantly remarked. I shifted in the chair, mistakenly thinking that somehow I would hear better. But there was no doubt that someone was vacuuming. I got out of the chair and moved toward the living room door. Chris was still on the phone with me. The sound was definitely louder and coming from the 1st 2nd floor landing. “Chris, I can’t explain this. I have to go upstairs,” I told her in a completely unconvincing tone. And up the stairs on tiptoes, I went. The stairs are carpet covered stone and there was minimal noise squeeking out from under the weight of me. Chris asked what was going on but I didn’t dare respond. It was unnecessary because she could hear the vacuuming too. When I reached the midway landing, the noise stopped…dead. I bounded up the remaining stairs and looked in the rooms. Nothing. Then, I opened the linen closet and found the hoover still hot from finishing its chores. Gulp.

Next time I will tell you about the case of the missing cushions pillows.

See for yourself, visit St. Andrews.  Have a ghoul on us.

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When you look at this photo, you won’t see sad. But for me, this is so completely sad that I have a difficult time looking at this photo. I won’t give you the complete details here but I believe there is an article being published in the next week or two that I will link to that will tell the whole story.

Here’s the nut and bolts of what happened: in 2004, my business partner and I purchased the red sandstone building on the right. (Here’s a link to the original story) While we knew we had bought one of Scotland’s most iconic buildings, we weren’t developers. We brought the building to a developer and as the years have passed, it has become apparent that the developer knows nothing about real estate also. What started as a great opportunity, one that I dreamed of long before we purchased the building, has turned into a sad tale of mismanagement, ego and greed. Very sad, indeed.

Photo Hunter

The Old Course, The R & A, Hamilton Hall

The Old Course, The R & A, Hamilton Hall

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Quicky Poll

I am glad The Senate passed the rescue package last night but they couldn’t help themselves and attached “sweetners” to get the bill passed. Everything has to be a negotiation. It’s incredible.

Today, I wanted to take a purely anonymous poll. The poll is regarding tonight’s Vice Presidential debate and Sarah Palin’s performance. It’s a political post but you’ll notice that there isn’t any partisanship exhibited on my behalf.

I hope you will vote.


Poll Answers

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89: Signs of Age 283: HEEEERE'S JOHNNY84: Hogwarts?80: IT'S FRIDAY AFTERNOON YAYFrom the ruins behind St Andrews CathedralRuins over tombstones, St. Andrews 

I have written…. 

  • Time for an AWT Good News Edition
  • A New Decade AWT – I Feel Better Already
  • Happy New Year One and All
  • AWT is on the Record
  • The Insanity Continues
  • Two Days Remain
  • Marvellous. Just Marvellous.
  • The Decade in Review – The AWT version
  • I Feel So Good, I’m Gonna Break Somebody’s Heart Tonight
  • Has Anyone Seen the Winter Sun
 

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