We want to sign the lease as soon as the building is up to code. The city has been phenomenally supportive and extremely creative in making this happen.

The first thing I suggest is before you ever sign a lease you come in here and let me review it. I will go through it and explain what it is they are agreeing to and make some suggestions on what they might want to negotiate with the landlord.

We want to lease out the building. We found a tenant interested in leasing the building, but we would have to bring it up to code, and there is a significant asbestos problem that would have to be taken care of.

I've also been working with the Challengers Club in the inner city of Los Angeles for 15 years now, I guess, and it's essentially an inner-city recreation club for boys and girls.

that are happy to sign up as soon as they see a launch that works.

The building was physically obsolete, and we knew we could never get a good enough lease rate to pay back all of the tenant improvement costs that were needed. So, basically, we let the leases run out and kept the building going for about three years.