Picked this news blast up off of http://www.ohiomm.com/blogs/zips/
University might back off buying Joe’s, lawyer says
June 22nd, 2008
Football
If Akron loses its appeal of the $3.1 million verdict to Joe Nemer, it might back off purchasing the land, according to Nemer’s attorney Warner Mendenhall.
Probate court judge Bill Spicer will rule on UA’s motion to set aside the verdict early this week. Mendenhall said the university’s attorney told him it would not be interested in buying the land through eminent domain at that cost.
Would the university really set aside a huge plan for a residence hall over a measley million bucks? Probably not. It looks like posturing, because Nemer obviously can’t get $3.1 million for his land on the market. Even if the university is serious, it might not be able to back out.
For more on the Akron Zips, take a look at Rasor on the Zips webpage @ http://www.ohiomm.com/blogs/zips/
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Nemer settles with University
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Joe's Sun Bar & Grill settles their case with the University of Akron
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Ben White
Issue date: 9/9/08 Section: News
PrintEmail Article Tools Page 1 of 2 next > As Joe Nemer Jr. is interviewed in front of his family's popular Exchange Street bar, Joe's Sun Bar and Grill, groups of students wander past, preparing for another Friday night in Akron.
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Unfortunately, Joe's Friday nights in University Park are numbered.
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For nearly a year, the Nemers have been fighting for their piece of the Zip Strip, resisting the University of Akron's efforts to expand eastward to build a $32.5 million residence hall on the corner of Exchange and Spicer.
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Joe's cousin, Manny, owns nearby establishments Manny's Pub, Aroma Coffee and Tea and the building that houses Chopstix.
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In June, a probate court jury awarded Joe $3.1 million for the Sun Bar and Grill and other property. UA promptly appealed, and Summit County
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Probate Judge Bill Spicer ordered the lawsuit to be resolved in mediation.
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Joe was awarded a total of $2.1 million (including legal fees and cost of relocation), $500,000 less than what the jury awarded but $800,000 more than UA's original offer.
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According to Joe, the University acted several days before new eminent domain laws went into effect, costing him "much more money" than he could have received.
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"It's sad to leave our business," he said. "This is going to be a change for us. It's no easy task."
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The Nemers are not yet sure where to move the bar, but Joe has a few places in mind. The only certainty is that the relocation will prove to be a difficult process. When Joe's father bought the bar thirty years ago, it took them more than seven years to build it up to how it is today.
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Students at the University of Akron have frequented the bar for years, giving it a solid reputation among late-night enthusiasts from Main Street to Spicer. Even the brightly illuminated sign hanging outside boasts that Joe's was voted one of the top 100 college bars in the nation by Playboy magazine.
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Inside, one can see that there is more "bar" than "grill" at Joe's. Modestly-priced drinks, nine football-filled televisions, lottery machines, and a robust jukebox give the bar a friendly feel. Regulars at the bar mingle with first-time Akron students over finger food, steakburgers and wings.
Continued...
Link to FULL ARTICLE is below...(Just cut and paste in your browser)
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http://media.www.buchtelite.com/media/storage/paper1203/news/2008/09/09/News/Nemer.Settles.With.University-3420447.shtml
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