Home Actualité internationale World News – US – « Windy City Rehab » Alison Victoria Says She Has Lost Sleep, All Personal Income After Partnership Has Been Wiped Out
Actualité internationale

World News – US – « Windy City Rehab » Alison Victoria Says She Has Lost Sleep, All Personal Income After Partnership Has Been Wiped Out

In Tuesday's episode of HGTV's hit, Victoria proclaims, "This is the beginning of the end" of her besieged partnership with entrepreneur Donovan Eckhardt

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In Tuesday’s episode of the hit HGTV, Victoria proclaims: « This is the beginning of the end » of her besieged partnership with entrepreneur Donovan Eckhardt

« This is the beginning of the end », designer Alison Victoria foreshadows her besieged partnership with entrepreneur Donovan Eckhardt in the latest episode of « Windy City Rehab », aired at 8 p.m. Tuesday on HGTV It’s the dramatic twist that has been teased for months as the dubious business relationship played out since the home improvement series launched in 2019

The stars of the show have been continuously at the center of countless lawsuits, neighborhood complaints and stop-work orders from the City of Chicago on a number of the dozens of properties they have acquired in the ‘intention to rehabilitate and sell them to local buyers

But now in the fourth episode of Season 2, Victoria seems to want it when it comes to finally dissolving the partnership At the heart of the episode is a tense business meeting with Eckhardt, the entrepreneur. Ermin Pajazetovic and Purchasing Director / Commercial Director of Victoria where the four go ‘line by line’ on the financials to uncover some of the potential budget issues with a two-level, four-bed, three-bath condo very inspired by 80s they have under construction at 200 E Delaware Place in the Gold Coast neighborhood

« There are so many money problems on projects and so many questions that I have… I need to get the answers I just want to know where the money is going, » says Victoria After internal audits reportedly revealed that Eckhardt had billed $ 180,000 in payments to two of his companies, Victoria notes that « almost half the renovation budget »

Asked about advance payments – which nullifies an alleged operating agreement between Eckhardt and Victoria to split the profits 50/50 at the end of the project and the sale of the residences – Eckhardt claims to have charged « conditions general « , including dealing with investor time and working with staff hired for renovations But as Victoria points out, Eckhardt’s license for general entrepreneurship has been suspended and Pajazetovic has now assumed that role, so » you have no one ”on the project, she said

Calling the moment ‘the tipping point’ and ‘a big red flag’, Victoria asks her business manager to audit the last 10 houses she and Eckhardt have worked on, to find out if any other secrets hide under the dust of their common projects

« In the past year these are things I haven’t seen because he was controlling all budgets and accounts I have so many contractors who say they weren’t paid for previous jobs, « says Victoria, further noting that she hasn’t slept and lost all of her personal income investing her money. in her business to continue the projects With Victoria later claiming her partnership with Donovan has ended, coupled with a preview of next week’s installment claiming she « now has five lawyers, » the deal between the two appears definitely concluded – but not yet finished

It was a marked twist from the older, lighter moments in the episode, including a ‘sensitive demo’ contest between Eckhardt and Chicago carpenter Ari Smejkal to see who could save the tile backsplash more. artistic in Delaware property (which was later used for decorative coasters)

« I started having fun with Donovan again and it reminded me of our days as friends, » Victoria says in an aside to the camera

Elsewhere in the episode, more issues are uncovered as Victoria realizes some of the bureaucracy associated with renovating a high-rise apartment unit This is one of the first Once the show is working on such a property, but in a luxury reveal, the team stripped down the garish faux paint, the curved built-in entertainment wall and a bathroom that « looked like a box of pencils that exploded. » into a modern luxury unit, similar to a hotel, reflecting the space and breadth of a single-family home

The Delaware property – next to the 875 North Michigan Avenue Building (formerly the John Hancock Building) where Victoria says she lived as a child on the 45th floor – is still for sale at the end of the episode, with a staggering number Renovation price of $ 752,000, or $ 23,000 less than the two paid for the unit Victoria alleges that the renovation price was « grossly underestimated by Donovan », who had initially assessed the appraisal at $ 485,000

But that’s not all bad news.In the episode, Victoria is also invited by Ryan Dempster to pitch the first pitch and sing the 7th Inning Stretch at a Cubs game, which she nails (thanks to her singing lessons at Bucktown Music)

« I lost a friend and a business partner, » she concludes at the end of the episode, « but it had to happen for a reason »

At first glance, we’re about to find all of these reasons in the coming weeks

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Alison Victoria

World News – United States – Alison Victoria of « Windy City Rehab » says she has lost sleep, all of her personal income after the partnership has been exhausted



SOURCE: https://www.w24news.com/news/world-news-us-windy-city-rehab-alison-victoria-says-she-has-lost-sleep-all-personal-income-after-partnership-has-been-wiped-out/?remotepost=389479

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