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"Bank officials say Vivoda's company, Regent Street LLC, still owns the property at 460-470 Pennsylvania Ave.
Otherwise, Vivoda, a Glen Ellyn resident who is president of the Glen Ellyn Elementary District 41 school board, no longer is involved with the project."
How could that be, Fan? Owns it...but no longer involves with the project?
Does JV still live in GE? Thought he moved. I guess you can't be a "three-time elected board member" of D41 if you don't live in the district. Technically, could he own his home, not reside there...and still serve on the board? I see he has somehow ascended back to the presidency of the district. Why check facts? They are so pesky.
Posts: 9128 | Location: CLEA | Registered: November 04, 2004
The last person to buy a place in this dump was last August...and the bank is confident the units are still marketable. What a joke!!! Vivoda was so upside down on this deal that he still owes the GC $3+ million? He is lucky he still has a driveway to back out of.
Originally posted by jombl: An excellent lesson on the benefits of compartmentalization.
Yeah, like another builder who bemoans the difficulties posed by personal problems including divorce and bankruptcy, yet he is still driving his nice shiney truck, living in a fine home, and getting the green light on bigger projects than ever, while those who dealt with him in the past are not so lucky...
