So in 2011, multicultural radio said this station just had too many issues, and needed to run at 25% power, but never notified the FCC it was fixed. The owner of this empire is a Chinese guy who has an office in Chinatown in Manhattan.
The brown dirt is the transmitter towers. Note the good access to public transit and two major highways.
So what do you think this land is worth?
Multicultural got the station in a station swap for KYNO-AM (the current KFIG-AM) in 2010. Multicultural got that station in 2003 when Unica declared bankruptcy. That deal was funded by Goldman Sachs I think.
KBLA-AM in Santa Monica, CA has 6 towers sitting on prime land, also inherited from Radio Unica in 2003 – also operating “temporarily” at 25% power using a single tower