Firts Carlyle went kaput, then Bear Stearns, and today Lehman Brothers got rocked. We have had 2 projects out for bid in the last 2 weeks where Carlyle was providing the financing to the developers. As a contractor on the lower end of the feeding chain, do you bid them or not?
I think demo contractors get screwed with liens because you can only lien the property. You already tore the major asset down.