bumsquare

Oh yeah!

It looks like Keene Court and West 25th bisect the parking lots next to Crop et. al. and MRN is looking to increase the parking spaces. I believe the vacation of W. 20th is for these: http://campaign.r20.constantcontact.com/render?llr=dw5t7tbab&v=001hTNOLeHhu4Dlw5y5Y7C46cPEE2qDDp01ZP46Tr1FlZTJNKNt7g04DQI2gm9lKjddo9cMDuuv6J1Yc6QX3Zu5u0z72tIKNFDRhrCVPPXIaEDQ4QOjnYPIHraIqaqwUqNZatqrPSI36jpdOM6pI08S8ea9UbbvMK7O0-2rJKhJntHpvawKYgI9wFIxHIkUOWHvOZg12ABSmwtGZPzxyC6KZmsUBtpuWHTnkQqFpuYQol7OaCRclMQKnDcjFKIXg6Wq1hI3bAts0RfaIFiCsWg48zshCOALwLmtPRSaCRau2osXU9b7I7vKdFoJukiIGL9G2srWJFdWDo_ZDOXcz-O0XA%3D%3D&id=preview

I don't know how long that pot of gold is gonna last at 85th and Madison.

Awesome. That place should be a treasure, and this plan would certainly draw attention to it. It's certainly nice to see more investment on Lorain, but also kind of a bummer to see another one of the smaller ethnic markets around 25th disappear.

It's a weird situation. I think it basically comes down to the fact that 1 year of Dwight is way more valuable for LA than it is for Orlando. Orlando was staring down the barrel of a season with a superstar who didn't want to be there, and zero chance of contention. They had to clear the decks, and were able to get basically 4 low firs-rounders (including Harkless). Better than getting nothing and having to stare at Dwight's sh!t eating mug every day.

I suppose it's true that a remodeled home is not a good parallel for new-built apartments, but I'm still not convinced that the neighborhood could support the rents necessary for new construction apartments when existing properties have a high rate of vacancy and homes can be had so cheaply.

Where is the evidence that there is a market for newly built rental housing? My mortgage in Detroit Shoreway, for a completely remodeled home, is less than $1/sf. This includes taxes and mortgage insurance. I think it's been fairly well established that this is not an acceptable rate for new construction. Also, concerning LIHTC projects, state agencies may only require 15-year use agreements, but HUD often issues (at the request of the developer and its investors) new 20-year Housing Assistance Payment contracts upon project completion. Some states (including Ohio) will also build incentives into the tax credit process for developers to enter into 30-year use agreements with HUD.

Why are we knocking everything down all of sudden?

I suppose in 10 years this thread will be a cutting edge discussion of dubstep and the London Olympics? :-D

This project did not receive funding. They requested nearly $8mil in tax credits, and $1mil in gap funding from OHFA. There's a strong possibility that their option on the land was contingent on receiving tax credits. http://www.ohiohome.org/lihtc/2012housingcreditresults.pdf

I think you're looking at the wrong parcel. The land is owned by "Whiskey Island Partners". Parcel #003-04-001

The Left Bank building has had loft spaces in it for decades. It's a very cool space and has plenty of residents.

^Hinckley and Schaaf?

The Louvre is okay, but it's no Pro Football Hall of Fame or Creation Museum.

Great thread! It's convinced me to cancel my trip to Europe this summer and book a room at the Ramada in Cincinnati. It definitely beats Paris, since it has ample parking and is across the street from a White Castle.

Tremont is much safer and more gentrified, if that's your thing. That Tremont house in the picture is cheap because it has no parking and is a double, which these days is a pretty undesirable trait. I used to live right by that Tremont house. The neighborhood was great and super convenient with nearby bars, restaurants, and corner stores. It's also a short drive/15 minute walk to the Market and Dave's and a 15 min walk to the train. I ended up buying a house in DS because of cost. What would cost 200k in Tremont you can get for 130k in DS. The old housing stock in DS is actually much nicer than the stock in Tremont (from an architectural perspective), but more poorly maintained overall, so there is an excess of available stock compared to Tremont. There are still plenty of houses like the one you posted in DS that will go for 20-50k because they haven't been maintained and the neighborhood hasn't quite reached the level of stabilization that Tremont has. That being said, I love the neighborhood (DS). I can walk to the train in 2 minutes, the bars are slightly less corny/trendy than those in Tremont, and I got an awesome house for the same price I was paying for rent in Tremont.

I'll bet the girlfriend didn't know she was knocking over the domino that would lead to the cancelling of the film festival and redevelopment of the Scranton Peninsula!

Why would it only be one year? Isn't he an unrestricted free agent?

#69 Prospect and 55th

Waiters shot for a better percentage than Beal or Barnes in all aspects except FT, where they were all even. Also, his highlight reel had waaaaay better dunks.

All true, if by "irrefutable" you mean "totally refutable." Waiters shot better from 3 and from the field overall than Beal or Barnes. Also had a much higher PER than either player, and rated higher on Hollinger's draft rater. And while the Cavs took Waiters early, most mocks had him going 7-10.

I agree. That's why it's simultaneously difficult to blame the Cavs for the pick or get excited about the result.

Hey that's my dentist too!

I don't generally use the beach part. I suppose if I were more interested in that aspect of it I would look for improvements.

Nope, never been to a beach. Is that where there's water by the land?