CCL Space hunters are finding spaces from 1800 to 5000 feet at about $3.00 a foot and
more.Price sounds flexible when we talk with lessors.We could team up with sudo and get
something similar to what we have , with a dry roof,for about twice the price.
CCL is working to rework our membership plan to adjust to a high rent an to enable more
programsin the new space.
On Friday, August 2, 2024 at 01:25:48 AM PDT, Patrik D'haeseleer via sudo-discuss
<sudo-discuss(a)sudoroom.org> wrote:
Quick update:
Based on our lawyer, Jesse, foreclosure is actually on August *17* - still a few weeks
away. Legally we should be able to repay the loan all the way up to the actual foreclosure
auction, and the very earliest that auction can be scheduled would be September 6. So if
worse comes to worst and we lose the building, we would still have more than a month
before we need to vacate.
I guess CAST wasn't working with the correct timeline, so they've told us they
will make one final attempt at getting the recoverable grant they were hoping to line up
(essentially a 1yr bridge loan at 0% interest). It also gives Philip Bell a bit extra time
to line up the loan he's been pursuing. Meanwhile we've had at least two other
individuals expressed interest in purchasing the building before foreclosure as well.
So yeah, all hope is not lost! But meanwhile I would urge folks at Sudo to make
contingency plans in case we do need to move out in a month. Figure out how much space
Sudo really needs, how much rent you can afford, and which other organizations you might
want to team up with in case you find a building too large for Sudo alone. CCL is already
actively looking for candidate spaces - mainly on loopnet, but there should be deals
available on CraigsList and through word of mouth as well. Help wanted!
Patrik
On Thu, Aug 1, 2024 at 6:17 PM Bryan Raab via sudo-discuss
<sudo-discuss(a)sudoroom.org> wrote:
As someone fairly out of the loop on what’s going on is there something I’ve missed that
can catch me up?Like what is the next step of Sudo?
Please andThanks, Bryan Raab7073679223
On Jul 30, 2024, at 3:33 PM, Peter Mui via sudo-discuss <sudo-discuss(a)sudoroom.org>
wrote:
Hi Sudoers:
Foreclosure is six days away: if you have any questions about transitioning out of the
building you’re welcome to attend a Zoom Meeting 6PM Tonight with Shreya from CAST. Please
email me back directly for the Zoom link ASAP, certainly before 6PM.
Sincerely, -Peter
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