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Showing posts with label Reading Cinemas' deal. Show all posts
Showing posts with label Reading Cinemas' deal. Show all posts

Thursday, July 25, 2024

David Farrar: The dud deal that was never needed


The Post editorial:

In February this year, Wellington Mayor Tory Whanau told her fellow councillors it would further “kill” Courtenay Place if they didn’t back a $32 million deal with a multinational company.

The deal was to buy the land under the Reading Cinemas complex so the international owners could use the money to finally fix the quake-prone building and get it back open.