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houston-development

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Everything posted by houston-development

  1. houston-development
    the deal is moving forward because atlas got construction financing via fremont. in regards to velocity and if this project being sucessful or not, well, i cant dispute a word you said. honestly, i think the chances of atlas loosing his shirt are better than not but i hope for the best.
  2. houston-development
    doesnt surprise me. i live in midtown and my windows overlook downtown... not to brag but the views are stunning regardless of the weather. however, the past couple of mornings have been freakish. cant even see an outline of the buildings
  3. houston-development
    this was in the paper yesterday:
  4. houston-development
    havent seen it but that could be phase 2 of esplanade.
  5. houston-development
    if you are talking about the nw corner, where the hotel and office building use to be, dinerstein is building apartments. link 1 link 2
  6. houston-development
    dont have any inside information, honest. know they cleaned the site and its significantly more valuable than when they bought it. would think they could easily make 3x on their money. hardy will be eventually redeveloped; probably by an out of state group.
  7. houston-development
    think everyone had doubts at some point but all that matters is the deal going forward.
  8. houston-development
    so does that mean its not the chicken ranch in la grange
  9. houston-development
    thank you for the cliff notes version
  10. houston-development
    i will give this answer only because of a previous "clue" is it the best little whore house in texas?
  11. houston-development
    nice pics
  12. houston-development
    i heard that finger is about to start construction and has relocated some oak trees..
  13. houston-development
    thanks. getting better at avoiding the poles. now if i can avoid getting in an accident...
  14. houston-development
    has anyone seen me yet?
  15. houston-development
    let me clear up some misconceptions. the site that hanover wanted to purchase was the only land available that was for sale (i believe it was 3 acres). anyone can confirm this with ken katz, who brokered the dickey track. since hanover does not develop on leased land, that one piece was the only one they pursued. it has nothing to do with what they wanted, it wasnt available for ANY price, period. the dickey trust is flush with cash (understatement). i try to show respect to everyone, regardless of their number of posts. every person here started off at 0 however, if someone comes on here and spreads lies, acts like they are talking about when they dont, or calls me out, im going to call a spade a spade. i try not to portray myself as arrogant but i can see how someone may see me that way. hence the reason i will occasionally even apologize in advance, just in case. if i have come across that way, again, i apologize. ive been wrong before and will admit to it without hesitation. i speak with the higher ups more than i care admitting to. its my business and what i do, in addition to other "stuff", day to day. i have never lied, misrepresented, nor elaborated on any information i have passed along onto this forum. sometimes i get bad info, it happens.... if i get 2nd hand intel, i will state it (ie from a source i deem reliable) but otherwise, its 1st hand. honest. please dont confuse knowledge with arrogance. stay warm, its chilly out there. edited to add: that high-rise across san felipe from 4-leaf is hanovers (back and top right). there is a street between it and where eatzis was. notice, one tower only.
  16. houston-development
    okay, im going to go back on what i said only to show that you dont know what you are talking about. after this, im done. hanover does not participate in leased land. the site they were going to take down is the only piece that was available for sale of the dickey site, not for lease. i wont be "mean" if you stop acting like you know facts when you clearly dont. have a wonderful day and stay warm.
  17. houston-development
    im going to comment on this once and only once. if you want to flame or continue to troll, more power to you. i just wont participate in it. first off, you essentially copy and pasted everything i said before. secondly, if you talked to anyone that was higher up in hanover, they will all tell you they regret not moving forward on dickey site. thirdly, they are not going to build 2 towers where eatzis is. they are going to build 1 tower and its where the palm reader currently resides. and finally, hanover did not try to buy page parkes from atlas. tried buying the left over phase of oak lane, in which they passed and zom took it down.
  18. houston-development
    :applause: for the price, i would say you made a great purchase.
  19. houston-development
    note to self. dont feed the troll.
  20. houston-development
    i was just skimming through the first page and this one caught my eye. note the date it was written. hanover could have bought that land for $72 and passed. ask them today what site they regret most passing on, in all of their years as a company. bet you $100 they say kirby/westheimer.
  21. houston-development
    please note that the following post should not be seen as arrogant. if it does, i apologize in advance because its not my intention and PLEASE do not take it that way. just telling it how it is... obviously you havent read much of this thread. go see how critical and doubtful ive been of it let me be perfectly clear, i have absolutely, positively ZERO interest in this project. promise. condos historically command a higher price / sq ft compared to its single-family neighbors; however, the total price is significantly less. while i completely understand your argument, that, my friend, is the whole condo concept. we can agree to disagree but it is what it is. im guessing that the average unit will go for $800,000 (please, someone correct me if im wrong). Compared to most of the homes in river oaks, you get more for less (ie new construction). and theres a couple of VERY rich houstonians who would love to say that they live in the best unit for only about $8M. thats their ego talking... land prices, especially in the past 3 years, have gone bonkers (wish I were eloquent enough to acurately describe how nuts its been).you cannot find land on kirby for less than $100 psf. if you know of some and its at least 30k sq ft, please let me know and ill have a contract for you tomorrow. seriously. once you have breached $75 psf (a number that has been confirmed by many), you have to go vertical. tcr is going against this rule on post oak and i wish them the best of luck. hopefully their rents will justify that development.
  22. houston-development
    oh dear.. if you look at har, a majority of the units are $400 - $500 psf. stop focusing only on the high end because it is not a representative sample. 2,000 sq ft sells for $450 / sq ft which equals $900,000. Assuming a full assessment, 3% is $27,000 which is $13.50 / sq ft. big difference between my number and yours, eh?
  23. houston-development
    from the other weekend:
  24. houston-development
    what are you talking about $400 - $1,000 psf? and just so everyone knows, $0.65 is not completely unreasonable going forward. assures buyers that the reserve will be flush and they dont have to worry about a reassessment any time soon. and you cant find anything in nyc for $400 psf that would be comparable to 2727 kirby. would think easily $1,000+.
  25. houston-development
    i heard this weekend that they plan on charging $0.65 psf for hoa dues
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