194 Pitt Street – Ten Years Later

On Tuesday 25th September 2007 the Committee of City Tattersalls Club held a special General Meeting to tell members it had agreed to buy 194 Pitt Street for $9 million.

At the time the rumour around the Club was that the Committee only decided to call the meeting after a barrister threatened to take them to the Supreme Court if they didn’t.

Present at the meeting were the Chairman, John Healy, the Vice Chairman, John Kennedy along with Laurie Coy, Jim Chen, Paul Cavallaro, Bill Hurley and Kevin Smith.

Tony Guilfoyle and Mark Cooper were there representing the management.

Anyway, you know the rest.

The purchase was an absolute disaster and crippled the Club from that day forward. None of the benefits promised to members ever materialised. Even today, September 2017, only one floor out of eight has ever been used. (See previous blogs 194 Pitt Street Hoax)

And Tony Guilfoyle’s dream of a property development, the only reason for buying it, looks as far away as ever.

City Tatts Information Desk

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$6 million gone on the property development – and they’re cutting wages

The twisted priorities at City Tatts are now plain for all to see.

It is generally accepted that close to $6 million has been spent on Tony Guilfoyle’s attempt at a property development. And we still don’t know if that includes the Colliers fee.

As of today, there is basically nothing to show for this money. Nothing.

Not one apartment has been sold. There is no builder. There isn’t even a building design to show to a builder. No one knows if there is any money to pay for construction. And, after four years, they have yet to achieve the most basic first stage of any development, planning approval of the concept.

A few weeks ago, Marcelo Veloz informed the floor staff that their hours would be cut, to save money.

It was only a matter of time before it came to this. The club was under pressure anyway from the continual loss of members over 12 years. Clearly the additional strain of the property development was too much to bear.

But will this affect spending on the property development?

Pat Campion says it will continue as before!

City Tatts Information Desk


Did you know Annette Niven represents the Committee?

Normally people seek election to the board of their club because they want to represent the members.

But things have not been normal at City Tattersalls Club for some time.

If you want proof have a look at Annette Niven’s 100 word election manifesto.

Incredibly, she believes her role is to represent the board to the members!

Is this a freudian slip?

Or the most honest statement in the whole manifesto?

You be the judge.

Remember, the rumour at the time was that she was enlisted to help push through the property development.

City Tatts Information Desk

 


Bringing discredit to City Tattersalls Club

Whatever Patrick Campion’s actual motivation for talking to the Daily Telegraph, someone should tell him to stop.

It’s a little embarrassing. The Telegraph is a very downmarket publication, not at all a good fit for City Tatts.

Campion is supposed to be representing members but it seems like the only thing on his mind is a property development. This is basically following Tony Guilfoyle’s agenda.

And he’s trying to solve a problem with more of the same problem. The basic problem at City Tatts since 2004 was the removal or destruction of everything that was good about the club, and then offering hype, propaganda and empty slogans as an alternative.

Campion is in danger of becoming a laughing stock. If he doesn’t mind making a fool of himself that’s his own business. But he shouldn’t do it to City Tatts.

He’s bringing discredit to the club.

City Tatts Information Desk


Patrick Campion’s press briefings – Who are they for?

Looking at Patrick Campion’s recent press briefings, members have wondered: What exactly are they for?

Or maybe it would be better to ask: Who are they for?

How would talking to the Daily Telegraph do anything for members?

So is the whole exercise for City Tatts, or personal damage limitation for Patrick Campion?

The newspaper story had all the hallmarks of something put together by an advertising agency. But it came across depicting Campion as a desperate man trying to climb out of a hole he’s dug for himself.

These advertising agencies wouldn’t be working for free.

Is this really an appropriate use of club funds?

City Tatts Information Desk

 


Pat Campion just doesn’t get it

There was a rather strange article about City Tatts in the Daily Telegraph last week.

A big part of it was taken up by tales of how the Club used to be.

Well, yes, the Club used to be very successful and used to have a very good reputation.

That was when it had the International Buffet, the Negus Tavern, the Corinthian Room and a thriving Esperanto. It also had senior management who were still in touch with the members and cared about the Club.

It’s quite strange that Pat Campion would want to remind everyone how far the Club has fallen during his time on the Committee.

City Tatts Information Desk

 


Compare the 194 Cafe and Restaurant to the property development

It’s not hard to see what matters to the Committee.

All you have to do is look at where the money is spent.

The Cafe and Restaurant at 194 Pitt Street are good examples.

Remember them?

According to the Committee there was going to be a “Small Coffee House” and a “Separate Restaurant” at 194 Pitt Street, both trading to the public as well as members, within two years of buying it, ie. by 2009.

And how did they work out?

They never happened. In fact, they never got off the drawing board. The Council knocked them back straight away.

And what did the Committee do? Did they put renewed effort and resources into making sure they were completed? No, they just forgot about them. They were never mentioned again, despite being, apparently, one of the main reasons for buying 194.

Now take a look at something they really do care about, a property development.

It is clear that Tony Guilfoyle was obsessed with a property development, any property development. But the proposal he came up with was 100% in favour of the developer, and did nothing for the club. And Patrick Campion either didn’t have the brains to see this, or was too weak to stop it.

And just look at how much money that has been spent on this attempt, despite total failure since 2012. In reality they are no closer to a property development than when Mirvac were appointed in December 2013. In fact, they are still on the starting line.

And now Patrick Campion says he is ready to spend more!

City Tatts Information Desk