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Author Topic: 1560AM going bye-bye in NYC? Here's why.  (Read 1053 times)

Offline ThaDood

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1560AM going bye-bye in NYC? Here's why.
« on: February 12, 2021, 2342 UTC »
I've heard why from a dude whom lives up that way. Clark, N1BCG, on a 3873AM QSO, told me that the station was offered $51M for, not the station and tower array, but for the +5 acre property alone! Whoa!!!! Somebody wants that space. O.F.W., at this point, is anyone going to miss it? Hey!!!! Maybe, another opening for Part #15 AM'ers.
When asked about White Supremacy, I do not believe in it, since most white people that I know are very much mediocre. Therefore, I believe in White Mediocracy.

Online redhat

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Re: 1560AM going bye-bye in NYC? Here's why.
« Reply #1 on: February 13, 2021, 0400 UTC »
In the words of Steve Miller... https://youtu.be/CkcrndYye60

+-RH
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Offline ThaDood

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Re: 1560AM going bye-bye in NYC? Here's why.
« Reply #2 on: February 13, 2021, 0823 UTC »
When asked about White Supremacy, I do not believe in it, since most white people that I know are very much mediocre. Therefore, I believe in White Mediocracy.

Offline ChrisSmolinski

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Re: 1560AM going bye-bye in NYC? Here's why.
« Reply #3 on: February 13, 2021, 1706 UTC »
Chris Smolinski
Westminster, MD
eQSLs appreciated! csmolinski@blackcatsystems.com
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Offline autovon

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Re: 1560AM going bye-bye in NYC? Here's why.
« Reply #4 on: February 13, 2021, 1737 UTC »
GH talked about this at the end of the latest World of Radio episode.
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Offline Ct Yankee

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Re: 1560AM going bye-bye in NYC? Here's why.
« Reply #5 on: February 13, 2021, 1958 UTC »
Here's the math - I grew up in Queens in the 60's in a brick 2 family when they were the homes of first/second generation-Americans.  A formerly owned brick 2 family on a tenth of an acre now goes for $1,500,000 plus  - a new one more.  If you put ten of them on an acre (radio site was 5 acres) and get $2 million per for new construction, you have earned $100 million less land/construction costs.  That's with only 50 units built.  A single apartment building, condo complex, or commercial building would probably net more.

Here's an example of a Queens brick 2 family, just the half of the building on the right for sale.
https://www.realtor.com/realestateandhomes-detail/16126-28th-Ave_Flushing_NY_11358_M48617-45137

RH, you're right.  This is take the money and run to the new second house in the Hamptons.
« Last Edit: October 30, 2021, 0043 UTC by Ct Yankee »
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Offline myteaquinn

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Re: 1560AM going bye-bye in NYC? Here's why.
« Reply #6 on: February 14, 2021, 0201 UTC »
My god Ct Yankee. By my fuzzy math it looks like the property taxes went up 440% in 10 years. Unreal. How in the hell do people afford the prices? Would like to see the sales history of the building. I'm going to go out and kiss the ground of my 5 acres of Ohio flatland just like the pope.
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Offline jta

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Re: 1560AM going bye-bye in NYC? Here's why.
« Reply #7 on: February 15, 2021, 1609 UTC »
It's all about the money:

They sold the original WFME (FM) for $40 Million.
They bought 1560 for $12 Million.
They sell 1560 for $51 Million.

You do the math.

Offline ThaDood

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Re: 1560AM going bye-bye in NYC? Who's capitalizing the FREQ last night?
« Reply #8 on: February 17, 2021, 1851 UTC »
Probably should be under the MW DX posting, but while we're still on the 1560AM subject here... I wonder if one of those other 1560's were what I heard air Fibber McGee & Molly at 3AM last night. No ID, no promos, but damn good S+20/9 signal off the Windom, and very little fading. Hmmmmmmmm??? Who' dat, who' dat???
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Online redhat

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Re: 1560AM going bye-bye in NYC? Here's why.
« Reply #9 on: February 19, 2021, 1858 UTC »
Prices in the city are insane.  See any of Louis Rossmann's videos for more on the subject.

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Offline jta

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Re: 1560AM going bye-bye in NYC? Here's why.
« Reply #10 on: February 20, 2021, 0101 UTC »
OK, they sold the site but did they turn in the license? If not, they could make even more money by selling it to a party interested in rebuilding for the frequency...

Offline ThaDood

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Re: 1560AM going bye-bye in NYC? Coming back with 5kW?
« Reply #11 on: August 14, 2021, 1840 UTC »
Word on da street has it that the NYC 1560kHz FREQ will be back on-air with 5kW. Anyone else heard that?
When asked about White Supremacy, I do not believe in it, since most white people that I know are very much mediocre. Therefore, I believe in White Mediocracy.

Offline ThaDood

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Re: 1560AM going bye-bye in NYC? Here's why. They are back???
« Reply #12 on: October 28, 2021, 2007 UTC »
UPDATE: JTA heard it on a couple of night ago, and it sounds like I heard it on the drive home at 04:25UTC last night, playing a slow, acoustic guitar, music. No announcements. So, did anyone miss 'em?
When asked about White Supremacy, I do not believe in it, since most white people that I know are very much mediocre. Therefore, I believe in White Mediocracy.