Paramount, I believe you bought just before what would have been the peak of a normal cycle, and so would have been in a similar situation whether the bubble happened or not. Prices and rents in TV these days are not abnormally low – they’re appropriate for an area with almost no white collar employment. I also believe you’ve taken the smartest road available to you, and in 10 years you’ll be glad you did. You may even view today’s bitterness as a waste of time.
