Showing posts with label Real Estate. Show all posts
Showing posts with label Real Estate. Show all posts

July 5, 2016

NYC Real Estate Developers Destroy Donnell Branch Library Oasis In Midtown




In 1960s when I worked on a project at IBM's Sixth Avenue facility, I used to visit the Donnell library branch during lunch hours. 

[From article]
I am writing this essay from the basement of the Baccarat Hotel, the awkward 605-foot crystal-and-marble confection on West 53rd Street that opened last year. The Baccarat, which is owned by a Chinese insurance company, made news in December when two prostitutes allegedly stole a $600,000 watch from a drunken john. Why am I here? In one of the worst decisions made by a local public institution in decades, the New York Public Library has squirreled away its newest branch in the basement of this luxury tower.



The new library, which opened Monday, replaces the Donnell Library Center. The NYPL shuttered the Donnell nearly eight years ago, handing it over to the Baccarat’s developers for demolition. As Scott Sherman reports in his 2015 book,Patience and Fortitude: Power, Real Estate, and the Fight to Save a Public Library, the old library was built with funds donated by Ezekiel Donnell, a nineteenth-century cotton merchant, who wanted it to become a “fireproof building” where “young people can spend their evenings profitably away from demoralizing influences” (such as people who hire watch-stealing prostitutes). John D. Rockefeller, Jr., donated the land, across the street from the Museum of Modern Art. Architects designed a four-story limestone building similar to the lower floors of the Rockefeller Center towers, three blocks to the south.
Donnell, an Irish immigrant, died in 1896; his widow and daughter lived off his fortune until well into the twentieth century. When they died, the $2.5 million Donnell Library Center was built. It opened in 1955 and was an immediate a success. The New York Times lauded it as “a real showpiece . . . thoroughly contemporary in design and appointments.” The branch was “bright and cheerful,” with “warmth and comfort,” too. The Times pointed out amenities that library patrons would continue to enjoy into the new millennium: the Donnell’s nearly 300,000-book capacity, and its special collections for “the foreign language reader” and “the music lover” (and, later, for film lovers).



By the mid-2000s, the Donnell had built up half a century of character. Theoriginal stuffed animals that inspired A.A. Milne’s Winnie the Pooh books were on display in the children’s room. Donnell was always packed with adults and children browsing, studying, or reading. What the Times had said in its initial assessment was still true: the Donnell was “a haven from the noisy, bustling world just outside.”
In the first decade of the twenty-first century, though, the NYPL’s managers and trustees saw in Donnell not an austere and elegant oasis from Midtown’s skyscrapers, but a “poor, shabby neighbor,” as then-library chief Paul LeClercsaid in 2007. The Donnell’s interior certainly needed an upgrade, but the work should have been straightforward. The city was at the tail end of the biggest economic boom in its history. Income-tax revenues had grown from $5.3 billion annually in 1999—the previous peak—to $8.2 billion. The library, which has its own independent board but which depends on the city for much of its financing, should have outlined the tens of millions it would need for a renovation, raised some money from philanthropists, and got the rest from the city. Instead, as Sherman writes, “the Donnell became a real-estate commodity.” In 2007, LeClerc and his board decided to sell the land to a hotel developer. The developer, in turn, would raze the branch, build the tower, and hand over the uncompleted basements and a small portion of the first floor back to the library.
[. . .]
It should have been possible, too, for library trustees and managers to grasp the difference between the private sector and the public sector. Real-estate firms and financial firms should undertake complex, risky, real-estate and financial transactions; they shouldn’t lend books. Libraries should lend books; they shouldn’t undertake complex, risky, real-estate and financial transactions.
[. . .]
NYPL managers knew that its constituents wouldn’t like the Donnell plan. Sherman reports that the library managers waited as long as possible—until the developer that had purchased the land needed to file its own disclosure document—to break the news. The library hired a crisis-PR team to help with this task. It hired New Yorker critic Paul Golderberger, too, for a “consulting fee” and a little extra PR insurance.
Even if one agrees with the notion that a modest four-story building is wasted space, the library made a terrible deal. The sale netted it $67 million. But the library then had to spend $23 million outfitting the new branch in the basement (MoMA is working with developers on yet another tall tower next to the existing museum, but MoMA will keep the first three floors as galleries). Years of delay frittered away much of the rest of the money, as the NYPL had to operate a temporary branch several blocks away.
[. . .]



What of the new branch, which has lost the Donnell name and is now just called the 53rd Street branch? The building and materials are new. Its clean wooden floors shine. Its white shelves and never-before-read books look and smell nice. Architects ably designed the space for today’s workers. Fast wifi and ample cubicles, desks, and plugs are available on the first basement floor. Dozens of New Yorkers were busily working there on Tuesday. Even as construction workers drilled and talked, library patrons were quiet. The space’s designers crafted a calming environment, with cubicle padding and chairs that don’t screech when you move them. The library is a perfectly pleasant place to write. Its like borrowing a desk at someone’s office when working out of town. On the second basement floor, toddlers and children were already reading and playing in their new room, perusing Madeline and Curious George titles (Winnie the Pooh, Piglet, and Tigger were nowhere to be found; they live now at the main research library on 42nd Street).
The new library branch would be a proud civic achievement in a small, wealthy suburb. But New York is not a small, wealthy suburb. It deserves better. Unlike the Donnell, most of the new underground library has no natural light. Space for books is limited, because of the real constraints of being in a basement that wasn’t the hotel developer’s priority. The library is less than a third of Donnell’s size.
[. . .]
The NYPL has dispensed with almost all of the Donnell’s books. Just 20,000 are on site, a mere 7 percent of the previous holdings. Browsing the 53rd Street branch is more like browsing a bookstore that doesn’t have the room or the money to offer an interesting inventory. The Donnell’s specialized holdings in film, music, and foreign language aren’t coming back; the NYPL dispersed them to other branches. Yes, you can order any book or film you want from any branch you want, and pick it up here, quite conveniently. But a library isn’t an Amazon dropbox.
The title of Sherman’s book reminds us that it could be worse. Patience and Fortitude are the names of the two lions who sit by the steps of the 105-year-old main research library on 42nd Street. Not far from the research library are the Mid-Manhattan branch—the system’s main lending library—and the Science, Industry, and Business Library. LeClerc and his successor, Tony Marx, until recently wanted to do to these three buildings what they did to Donnell: close them, sell them, and use some of the proceeds to gut the seven-story book “stacks” of the research library, where they would build a post-Donnell “space.”
The people who use New York’s libraries couldn’t save the Donnell, but they did help save the research library and the Mid-Manhattan branch. Famous authors, amateur scholars, journalists, and romance-novel addicts, all wrote and spoke out against this “Central Library Plan,” persistently and consistently. In 2012, Ada Louise Huxtable, the Wall Street Journal’s 91-year-old architecture critic, devoted her last-ever article before she died to excoriating the plan. “This is a plan devised out of a profound ignorance of or willful disregard for not only the library’s original concept and design, but also the folly of altering its meaning and mission and compromising its historical and architectural integrity,” she wrote. “You don’t ‘update’ a masterpiece.” New York Times critic Michael Kimmelman also slammed the proposal. In City Journal, the Manhattan Institute’s Stephen Eide wrote​ that were the plan to go forward, “scholarship, education, and our cultural inheritance would all suffer.” A 2013 state assembly hearing attracted hundreds of attendees, virtually all of them against turning a storied research institution into a bland lobby—and losing two branches, too.
[. . .]
As the years passed, it became obvious that the library couldn’t deliver what it had promised at Donnell, a project that Marx has now admitted was a mistake. Time brought a new mayor, too; Bill de Blasio, unlike Michael Bloomberg, didn’t support the library overhaul. In 2014, Marx killed the plan that he and his predecessor had championed.
But bad ideas persist in a still-toxic political and cultural environment. Today, de Blasio supports a Donnell-style plan proposed by the Brooklyn Public Library (a separately managed institution from the NYPL). The BPL wants to sell its Brooklyn Heights branch to a condo developer. Federal investigators are looking into the deal, as the chosen developer donated heavily to de Blasio. Though the NYPL is renovating and keeping its Mid-Manhattan branch, it still wants to close the Science, Industry, and Business Library, which is used by hundreds of students and entrepreneurs every day.
[. . .]
As the years passed, it became obvious that the library couldn’t deliver what it had promised at Donnell, a project that Marx has now admitted was a mistake. Time brought a new mayor, too; Bill de Blasio, unlike Michael Bloomberg, didn’t support the library overhaul. In 2014, Marx killed the plan that he and his predecessor had championed.
But bad ideas persist in a still-toxic political and cultural environment. Today, de Blasio supports a Donnell-style plan proposed by the Brooklyn Public Library (a separately managed institution from the NYPL). The BPL wants to sell its Brooklyn Heights branch to a condo developer. Federal investigators are looking into the deal, as the chosen developer donated heavily to de Blasio. Though the NYPL is renovating and keeping its Mid-Manhattan branch, it still wants to close the Science, Industry, and Business Library, which is used by hundreds of students and entrepreneurs every day.

http://www.city-journal.org/html/books-basement-14601.html

Books in the Basement
Midtown Manhattan’s new library falls short of what a world-class city should provide to its citizens.
Nicole Gelinas
July 1, 2016

April 11, 2016

Palo Alto, CA Proposes $250,000 Limit For Subsidized Housing



People earning $250,000-a-year should qualify for subsidized housing in Palo Alto, California, according to a new proposal. It comes after a plot of land (pictured) sold for almost $1 million in the well-heeled city.

[From article]
People earning $250,000-a-year should qualify for subsidized housing in Palo Alto, according to a new proposal.
City officials have outlined an eight-year affordable housing plan - with 587 units for reserved for the area's uniquely wealthy middle class as real estate prices balloon.
The well-heeled California neighborhood, where a plot of land recently sold for $2.7 million, is home to some of America’s richest entrepreneurs who work a few miles away in Silicon Valley.
With house price averages an eye-watering $3 million, even those earning $250,000-a-year are spending two-thirds of their monthly salary (around $14,000) paying off their mortgage.
It means workers such as teachers, janitors, firefighters, social workers, police officers and more are not paid enough to afford the local rent, driving up congestion as they commute in.
Now the City Of Palo Alto has outlined a proposal to combat the issue - with price guidelines unlike any other in the country.
[. . .]

$20 MILLION: This eight-bedroom home in Palo Alto has a tennis court and an attached guest house.


'In most other areas of the Country, this income level would be associated with "above moderate" or market rate housing, rather than affordable housing,' the proposal says.
But in Palo Alto, this section of society - earning anything from $127,000 to $250,000 a year - is struggling.
The plan, tabled at a council meeting on Monday, suggests building apartments as small as 200 square feet with bathrooms and kitchens shared between neighbors.
Other options include co-housing communities that share kitchens and dining areas, and special exemptions for property developers who set aside at least 25 per cent of new-builds for low income families.
[. . .]
The city's biggest problem is that low-income workers cannot afford to live nearby, 'indicating in a large unmet need for worker housing in the City,' the plan explains.
There are far more jobs in the city than there are employed residents.
And the impact is crippling.
'Since many of Palo Alto’s workers cannot afford to live in the City, the imbalance creates negative impacts such as long commutes for workers both inside and outside the region, increased traffic congestion during peak commute periods, and increased air pollution end energy consumption,' the proposal warns.
In total, the proposal suggests building 1,988 new units for anyone earning less than $250,000 a year.
The average area income is $106,300. The subsidized housing plan includes people earning 120 per cent of that ($127,000) and 'above' - which would include those earning $250,000.
But implementing the proposed measures will be tough, according to Professor Norm Miller, an expert in real estate at the University of San Diego's School of Business.
'The only solutions to make housing more affordable are to add density, more units per acre and generally you need to add a lot of density like you have in New York City or to make units smaller as proposed,' Miller explained to Daily Mail Online on Wednesday.
[. . .]


$15 MILLION: The city has become a hot spot for Silicon Valley executives, pushing up demand for luxurious mansions like this one, which was listed for a cool $15 million.

'What is interesting in California is how hard it is to do either of these. People here oppose smaller units and density on grounds of adding traffic, the evils of all development foisted on neighbors who keep having babies that will have no place to live.
'Even a hospice center if proposed to be higher density than other housing nearby would probably be accused of driving up traffic to insanely high levels. Go figure.'
Miller, the Hahn Chairman of Real Estate Finance at San Diego's real estate center, last year published a paper that boldly declared Palo Alto was in the midst of a housing bubble that is set to burst.
There could be some reprieve for residents, he claims, will be 'when' (not 'if') the tech bubble bursts.
'This stick wealth has directly supported the housing market and let it escape the normal bounds of income only driven demand,' he told the Mail on Wednesday. 'These tech markets are thus more vulnerable to a setback.'
But ultimately, he says, 'the problem of historically low densities, large units and a NIMBY culture opposing all new development especially of any real density' will linger as long as Californians resist high-density housing plans.
http://www.dailymail.co.uk/news/article-3507025/Palo-Alto-residents-earn-250-000-year-qualify-SUBSIDIZED-housing-new-affordable-housing-plan-teachers-cops-janitors-forced-city.html

Palo Alto residents who earn up to $250,000 a year to qualify for SUBSIDIZED housing in new affordable housing plan as teachers, cops and janitors are forced out of the city
House prices average $3m in Palo Alto, CA; a plot of land sold for $2.7m
Even those on $250,000-a-year drop two-thirds monthly wage on mortgage
It means low-income workers like teachers cannot afford to live in the city
In a bid to tackle the issue, the city has launched a new housing plan
The plan reserves 587 units for people earning more than $127,000-a-year
By MIA DE GRAAF FOR DAILYMAIL.COM
PUBLISHED: 20:44 EST, 23 March 2016 | UPDATED: 05:24 EST, 24 March 2016

February 7, 2016

Donald Trump Helped Save New York City



Wollman Rink, Central Park, New York City

[From article]
Whatever you think about his political views or crazy campaign, Trump doesn’t get enough credit for being a transformative planner who is in love with the city.
No matter how many times they watch “Taxi Driver,” younger New Yorkers and older ones who arrived recently have no idea of what the city was actually like in the mid-1970s through the mid-’90s. Notwithstanding Studio 54 and a short-lived Wall Street boom, the metropolis was reeling. Rampant street crime, AIDS, corporate flight and physical decay brought confidence to an all-time low.
Trump waded into a landscape of empty Fifth Avenue storefronts, the dust-bowl mugging ground that was Central Park and a Wall Street area seemingly on its last legs as companies moved out.
[. . .]
Trump himself is largely to blame for being a prophet without honor in his home city. He grew weary of the risky, time-consuming development grind and started selling his name to just about any developer willing to sign a check. The result was horrible projects like the Trump Soho Hotel which he neither built nor owns.
His disastrous foray into Atlantic City casinos — Why, Donald? — his tacky promotion of China-made shirts and ties among other goofy ventures further cheapened his name.

http://nypost.com/2016/02/07/how-donald-trump-helped-save-new-york-city/

How Donald Trump helped save New York City
By Steve Cuozzo
New York Post
February 7, 2016 | 6:00am

January 14, 2016

Donald Trump Exposed? A Critical Look




[From article]
In 2013, after flirting with running for the Republican presidential nomination a year earlier, Donald Trump essentially endorsed Bill DeBlasio, who was known to be a committed socialist with a long record of being on the extreme left. Trump said,
“I think pretty strongly that he’ll be a good mayor. Maybe a very good mayor and I don’t think he’s going to want to kill the golden goose.”
This was said before the election when there was a viable Republican candidate running against DeBlasio. Just how committed to conservative principles is Donald Trump? Does he really have a core set of principles?
[. . .]
Over the years Trump has contributed enormous sums of money to individual Democrats and party campaign committees including the most unethical and partisan Senate Majority Leader in recent history, Harry Reid. Trump has justified these contributions as being necessary to essentially buy influence in order to get his real estate projects etc. approved. Perhaps so, but that does not explain when asked in February of 2014 who were his favorite journalists, he listed such liberal luminaries as: Maureen Dowd, Diane Sawyer, Andrea Peyser, George Stephanopoulis, Bob Scheiffer and Mika Brezinski. Therefore, does Trump, in his heart, still believe what he said in 1999 when he quit the Republican Party saying, “I just believe the Republicans are just too crazy right.”?
Donald Trump will turn 70 in June of this year. An age when one’s character and belief system has been firmly established for some period of time. Yet as someone his senior I must ask him: “Donald, who the hell are you and why should the American people trust you with the fate of the country potentially hanging in the balance.”?

http://www.americanthinker.com/articles/2016/01/who_is_donald_trump.html

January 13, 2016
Who is Donald Trump?
By Steve McCann

January 12, 2016

Sober Criticism of Trump Campaign




American voters TWICE elected the Legend-In-His-Own-Mind. They can more easily elect Donald. J. Trump, a much lesser evil. Other candidates lack spines to stand up to personal attacks for protected speech. Mr. Magnet appears to be unaware of the dumbed down nation we live in. Just because he pays attention does not mean more than a few do.

[From article]
As a New Yorker, I know that Trump Tower has become one of our city’s top tourist attractions, and I’ve seen confused out-of-towners mistakenly show up at the even more garish Trump International Hotel to bask in the great man’s aura, only to be directed across town to the “real” Trump Tower. So there is unmistakably a mystique surrounding the man with the golden mane.
[. . .]



What he can’t wave away is that, as a big New York real-estate developer, he isn’t a master builder but a political fixer, skilled in navigating the New York game of getting the zoning waivers, tax abatements, and regulatory expediting that is the means by which Gotham’s developers and politicians have turned real-estate development here into a protected cartel, which only those with inside knowledge and connections—especially the knowledge of what campaign contributions to make—can enter.
[. . .]
among other distasteful truths, that centenarian real-estate magnate Leonard Litwin’s Glenwood Management seems to have turned some tens of millions of campaign-contribution dollars into hundreds of millions of real estate tax abatements, according to the New York Times. Buy one, get nine free! Honest graft, George Plunkett of Tammany Hall called it; but how honest is a government-granted license to steal?
[. . .]
Meanwhile, New York’s homeowners or renters lacking political connections end up paying the property taxes that the big-time developers and landlords avoid.
How will Trump’s supporters like this reality? They are justifiably angry over a manipulated economy that has left them behind, especially since part of what caused their plight is government itself. With legal and illegal immigrants, 13 percent of the population but 17 percent of the workforce, now taking their jobs;
[. . .]
with a tax-supported, welfare-dependent, non-working underclass committing more than its share of crime while the Justice Department blames police for trying to keep lawbreaking under control and scorning law-abiding, cop-supporting citizens as politically incorrect; with the First Family spending $70 million on taxpayer funded let-them-eat-cake vacations—what’s not to feel angry about?
[. . .]
the president knows how they feel about all this but condemns their anger as racism
[. . .]



Trump, by contrast, has masterfully mobilized the widespread anger, and he has done the nation a service by showing how out of touch politicians and pundits are with the feelings of ordinary Americans about how the elites are running their country, while abdicating the nation’s world leadership and refusing so much as to name the radical Muslim threat that hangs over the West.
[. . .]
those candidates ignore at their peril justified voter anger over uncontrolled immigration, elite squeamishness at acknowledging Islamist terrorism as what it is, and the lies of political correctness. A Republican who can feel the voters’ pain—truly feel it—and outline a more plausible cure for it than Trump offers stands the best chance of winning the nomination and the election.

http://www.city-journal.org/2016/eon0111mm.html

MYRON MAGNET
An Insider in an Outsider’s Election
Like Mitt Romney in 2012, Donald Trump will have to answer charges about his brand of capitalism.
January 11, 2016

December 31, 2015

Sarah Palin Sells Arizona Home




Former Alaska governor Sarah Palin has put her luxury Arizona mansion on the market for $2.5million which includes a lighted sports court

[From article]
Former Alaska governor Sarah Palin has put her luxury Arizona mansion on the market for $2.5million.
The six-bedroom estate, which boasts its own private heated swimming pool and spa, lighted sports court and even a wine cellar, is located in acres of equestrian grounds in Scottsdale.
Behind a private gated entrance, the 7971sq ft home showcases includes 6.5 bathrooms, a six car garage and offers stunning mountain views from virtually every room.
The 2008 GOP vice presidential candidate bought the property in 2011 for $1.7 million.

It has been a happy time for Palin who met her newborn granddaughter, Sailor Grace on December 23, after she was born to her daughter Bristol, 25.

On Christmas Eve, Bristol used her personal blog to share a note from her mother about Sailor Grace’s birth, in which she calls the baby ‘the best gift ever!’.
The letter read: ‘Thank you, Bristol, for your strength and good heart and your love of life. The most important people in Bristol’s life were there to witness the miracle of Sailor Grace Palin’s arrival last night.
‘Thank you for sharing the miracle with Piper, Marina, and me, Bri! And we thank Todd for taking care of the rest of the family during this most precious beginning of a great new chapter!’
Sarah Palin spoke in November about Bristol's pregnancy, second chances, screwing up and the excitement of bringing another baby into the world.
'Well, the cool thing about puttin’ your faith in God is, He certainly is a God of second chances – and third, and fourth and fifth chances. I screw up all the time,' she told CBS.
Announcing the happy news on her Instagram account on Christmas Eve, the daughter of former Republican vice presidential candidate Sarah Palin revealed that she welcomed the baby on Wednesday December 23, one day before her due date.

http://www.dailymail.co.uk/news/article-3379538/Sarah-Palin-s-luxurious-Arizona-six-bedroom-mansion-boasts-private-swimming-pool-sports-court-wine-cellar-goes-market-2-5million.html

Sarah Palin's luxurious Arizona six-bedroom mansion which boasts its own private swimming pool, sports court and wine cellar goes on market for $2.5million
The six-bedroom estate boasts its own private heated swimming pool and spa, lighted sports court and wine cellar
Behind a private gated entrance, the 7971sq ft home showcases includes 6.5 bathrooms and a six car garage
Inside the home is finished to a high standard with luxury fittings, fireplaces, chandeliers and a media theater
The 2008 GOP vice presidential candidate bought the property in 2011 but has placed it on the market for $2.5million
By Hannah Parry For Dailymail.com
Published: 18:45 EST, 30 December 2015 | Updated: 21:51 EST, 30 December 2015

[Link to video]
http://www.dailymail.co.uk/news/article-3379538/Sarah-Palin-s-luxurious-Arizona-six-bedroom-mansion-boasts-private-swimming-pool-sports-court-wine-cellar-goes-market-2-5million.html#v-4243569979001

December 30, 2015

Harvard University Expands Without Limit




As Harvard University grows so does its bureaucracy. Its own KSG reported on inane events resulting from large bureaucracies, which require rules for all workers. Essays on tyranny of bureaucracy explain what administrators with chronic edifice complexes are bringing to Boston.

http://www.thecrimson.com/article/2015/12/22/allston-harvard-rights-transferred/

After Land Rights Deal, Harvard Continues Allston Expansion
By JONAH S. LEFKOE and HANNAH NATANSON,
Harvard CRIMSON STAFF WRITERS
December 22, 2015

October 17, 2015

Cambridge, MA City Council Candidates Discussed Contributions From Real Estate Developers






Legal Ethics Professor Larry "On Leave" Lessig is typical of the corruption fighters found in Cambridge. He used his Harvard University tax exempt offices for his political campaign to fight corruption in campaign finance. Hahaha. Likely not the only one. KSG Prof. Steve Jarding? Lessig lectured the City Council that real estate contributions were not illegal or unethical. But political activity on tax exempt property violates US Treasury Department, IRS, MA Dept. of Revenue and Cambridge property tax laws. He lectures voters about legal contributions. Dumbed down voters and activists quote him. Is this Mr. Fox running for the position of Executive Henhouse Security Director. Hello?




http://cambridge.wickedlocal.com/article/20151017/NEWS/151017263

LETTER: Consider Cambridge candidates who swore off developer contributions
Posted Oct. 17, 2015 at 12:15 PM
To the editor:
— Kevin Bacco, Massachusetts Avenue

 

October 1, 2015

Harvard University Real Estate Empire Construction Promises 250 Parking Spaces



Large truck and car parked in No Stopping Zone, new Harvard Art Museum in background November 8, 2014, 3:48 PM

Will any of the 250 parking spaces be available for the numerous tour buses which park in and around the mid Cambridge neighborhood in residential areas? When the monster CGIS edifices were erected 2002, 26 parking spaces were lost on Prescott Street. Harvard officials promised they would be "re-allocated." Was this promise fulfilled? Two more spaces lost in 2015 on the same street (now loading spaces) due to the use of the streets near the new improved Art Museum as a truck depot. Who are the genius architects who design these new improved edifices which ignore reality, i.e., use by real humans?


Link to video showing parking spaces eliminated, and promise of Harvard to re-allocate them. 

http://enoughroomvideo.blogspot.com/2011/06/harvard-spin-doctors-in-action.html

http://www.thecrimson.com/article/2015/10/1/SEAS-complex-unveiled-allston/

Science Complex Plans Combine Programs and Public Space
Harvard unveils plans for its School of Engineering and Applied Sciences complex
By IGNACIO SABATE
Harvard CRIMSON STAFF WRITER
October 1, 2015

July 26, 2015

Totally Evil, Hitler-loving, Drifter, Pub and Real Estate Owner, With A History of Mental Illness Shoots Himself Dead



Would you go to the cinema with this man?
John Russell Houser, owned real estate and pubs in Georgia

Here's an example of distorted reporting. The suspect in a shooting  in Louisiana is described as a "Hitler loving," "drifter," with "a history of mental illness," (as reported by his relatives, who do not love him. Are they psychiatrists?), and the incident occurred "three years after" a shooting at a theater in Colorado. Does that mean the man was guilty no matter what? If he loved Hitler he must be evil. But in case that is not enough evidence, he was a "drifter" and had "a history of mental illness." And if that was not enough, three years ago another man (only men are mass murderers?), opened fire in a theater 1200 miles away. Are theaters no longer safe? Does this indicate a dumbed down journalist and editor? Or was it written for a dumbed down audience? Is the object to slander all persons accused of mental illness? Oh, wait. He is also said to have owned "pubs" and "real estate" in Georgia. Does that mean we should fear people who own real estate too? Pub owners are dangerous? What is the connection between these alleged past acts and the violence? Are all persons with disabilities violent? If this is how crime is reported it is no wonder that Donald Trump appeals to misled voters and taxpayers as he does.  

[From article]
The man who opened fire in a Louisiana movie theater, killing two and wounding nine before turning the gun on himself, was a Hitler-loving drifter with a long history of violent mental illness, authorities said.
[. . .]
In the court papers, Houser’s relatives said he had a “history of mental health issues, i.e., manic depression and/or bipolar disorder.”
A judge granted their request to have him hospitalized, agreeing he was “a danger to himself and others.”
But Houser continued his threats once he was discharged, prompting his wife, daughter and other relatives to obtain an order of protection against him, they said.
Although he had moved by that time to Phenix City, Ala., Houser continued to perpetrate “various acts of family violence” at their home in Carroll County, Ga., relatives said.
[. . .]
The shooting comes three years after James Holmes opened fire in a movie theater in the Denver suburb of Aurora, killing 12 people and wounding 70 others.


http://nypost.com/2015/07/24/angry-gunman-planned-to-escape-after-theater-massacre/

Hitler-loving drifter at center of Louisiana theater killing
By Yaron Steinbuch
New York Post
July 24, 2015 | 8:57pm

May 5, 2015

Cambridge, MA Architect Laments Permit Process For Building Housing



MIT Dormitory, Cambridge, MA

Mr. Boyes-Watson laments difficulty with permit process for new housing. Is it the need to get permits at all, that is a problem, or only some of the process? He does not explain. He does not suggest that any part of the process is corrupt, or can be ignored with due consideration. He does not mention why developers want to build in Cambridge with all of the problems getting permits. Do the high prices of real estate have anything to do with it? Is building in Cambridge a good investment? Is blaming "we in the community" for "loading up housing construction with more and more obligations and fighting each project that is proposed" misguided blame? How much influence do "we in the community" have over decisions by the Planning Board and Zoning Board of Appeals? 
 
Are official requirements too high for low income housing? Shoddy construction, no heat and hot water would lower costs and allow more poor people to live in the city. Allowing flop houses for single room occupancy would get rid of, or at least mitigate the homeless problem. Standards are too high. Look at places like the Sudan, Jordanian and Syrian refugee camps, Gaza, asylum seekers in Italy, for low cost housing of millions who are refugees. The same standards could be used in Cambridge to increase housing and to reduce the homeless problem. Look at the large tent Harvard University erected on city owned land on the overpass near the Fire Department headquarters, which Harvard calls Science Plaza. A great place for low cost housing near a major transit hub. 20 stories of low income housing would go well there. Then there is Cambridge Common where a fifty story building could easily be built, even closer to major transportation and shopping.


[From article]
I can categorically state that it is hard, very hard, to obtain permits to build housing. In my opinion is far too hard, in fact so hard that despite the strong desire of developers to invest in housing in the city not enough new housing is being permitted and built here. This throttling of new housing supply means that well-to-do, moderate-income and low-income folks are all competing for what is a too limited, too static resource.
[. . .]
This is a problem of not permitting enough housing, period. Every unit is very expensive to get permitted and built, so the new housing is, inevitably expensive.
[. . .]
It is disingenuous to suggest we are powerless to slow the rise of housing costs in Cambridge. Those who have control can and should address the rise in housing costs by permitting more housing to be built. We in the community cannot behave like Marie Antoinette and bemoan rising housing costs while loading up housing construction with more and more obligations and fighting each project that is proposed. It is hypocrisy.
Guest column: Permit more housing in Cambridge to slow rising costs
By Mark Boyes-Watson
Posted May. 5, 2015 at 10:49 AM
CAMBRIDGE Chronicle

February 16, 2015

City of Newark, NJ Sells Vacant Land For $1,000 Per Lot



Ana Rezende got a 25- by 100-foot lot a mile from City Hall for $1,000.
Photo: Stephen Yang

Rezende and Rafael Cura on their newly purchased lot.
Photo: Stephen Yang
[From article]
They have to adhere to strict rules: present architectural plans for a house and close within 90 days, build the home within 18 months and live in it for at least five years.
If they don’t comply, couples lose their deposits

http://nypost.com/2015/02/15/couples-line-up-to-buy-1000-lots-in-newark/

Couples line up to buy $1,000 lots in Newark
New York Post
By Ben Feuerherd and Beckie Strum
February 15, 2015 | 10:44am

January 20, 2015

Second Motorist Shot Dead By Cyclist In Los Angeles



Kameron Segal
Photo: Facebook
When a person is described as a philanthropist, journalists seldom explain how they got their money.

[From article]
Another bike-by shooting has struck Los Angeles — this time nearly claiming the life of a well-loved philanthropist as he sat parked in his Rolls-Royce on Sunset Boulevard in Hollywood.
Four years after high-power publicist Ronni Chasen was randomly gunned down by a bike-riding transient — also on Sunset Boulevard — cops in Los Angeles were still looking Saturday night for the lone bicyclist gunman who fired into the face and chest of millionaire Kameron Segal, 48.
“This is still a very active, ongoing investigation,” LAPD spokeswoman Jane Kim told The Post. Segal remains hospitalized in critical but stable condition, she said.

http://nypost.com/2015/01/17/real-estate-mogul-in-rolls-royce-shot-by-cyclist-in-la/

Real estate mogul in Rolls-Royce shot by cyclist in LA
By Laura Italiano
New York Post
January 17, 2015 | 11:38am

* * *




On the scene: Segal (pictured at a party) is prominent on LA's party scene
At least in this story he is identified as a real estate tycoon.
[From article]
According to KTLA, witnesses saw the suspect fleeing on a bike after the shots were fired.
Authorities believe he is a black man in his late 30s to early 40s, is said to be around six feet tall and was last seen wearing a baseball cap and carrying a ruck sack. 

http://www.dailymail.co.uk/news/article-2914926/Multimillionaire-property-tycoon-shot-dead-wheel-Rolls-Royce-waiting-close-5-million-deal.html

Multimillionaire property tycoon, shot at the wheel of his Rolls Royce by cyclist hit-man, was waiting to close $5 million deal
Kameron Segal was hit twice while in a parking lot on Sunset Boulevard
He was minutes away from signing a $5 million deal, it has emerged
Cyclist approached the driver's side window and fired twice
The 48-year-old victim was taken to Cedars-Sinai Medical Center
Authorities said he is expected to survive, but the suspect is on the run
Mr Segal is the CEO of property management firm Williams Holdings
By WILLS ROBINSON FOR DAILYMAIL.COM
PUBLISHED: 17:23 EST, 17 January 2015 | UPDATED: 11:14 EST, 19 January 2015


December 21, 2014

Real Estate Executive Returns Bonus



Rick Holley
Courtesy of Plum Creek Timber Co.
[From article]
Rick Holley is CEO of Plum Creek Timber Co. PCL 0.50% , a Seattle-based real estate investment trust that owns and manages around 6.8 million acres of timberland in 19 states. Today Holley disclosed, via a regulatory filing, that he has returned 44,445 restricted stock units back to the company because “he does not believe that he should receive such an award unless Plum Creek’s stockholders see an increase in their investment return.”

http://fortune.com/2014/12/18/ceo-gives-back-bonus-says-he-doesnt-deserve-it/

CEO gives back bonus, says he doesn't deserve it
by Dan Primack @danprimack
DECEMBER 18, 2014, 2:21 PM EST

October 15, 2014

Facebook King Purchases 700 Acres In Hawaii



Mr. Facebook and Companion

[From article]
In 2010 Zuckerberg was renting a modest property near Facebook's headquarters while he put in 16 hour days at the office.
The following year he upgraded to a $7 million, 5,000 sq ft residence in Palo Alto, California which was still modest in comparison to the homes of other technology billionaires.
He later spent $30 million buying up four homes adjoining his in Palo Alto to fend off a developer who was going to purchase them, and market them as being "next door to Mark Zuckerberg".

http://www.telegraph.co.uk/news/worldnews/northamerica/usa/11160588/Mark-Zuckerberg-buys-part-of-Hawaii-for-100-million.html

Mark Zuckerberg 'buys part of Hawaii' for $100 million
The Facebook chief executive will have an estate befitting a billionaire as he buys up 700 acres on the island of Kauai, Forbes reports

By Nick Allen, Los Angeles
7:32AM BST 14 Oct 2014

NYC Man Charged With Fraud, Theft of A Home From Elder Woman



[From article]
The ex-con who allegedly filed a fake deed to steal an elderly woman’s Queens home was arrested Tuesday in Housing Court, where he was brazenly fighting eviction.
Darrell Beatty, 49, was charged with grand larceny and criminal possession of stolen property for allegedly illegally transferring the deed of a Laurelton home into his name and moving in with his two sons.
[. . .]
Merin’s Russian and Ukrainian grandparents moved into the row house on 141st Avenue in 1931 and raised three children there, including Merin’s mom.
“The house was maintained basically as a sanctuary to my family,” Merin told The Post, adding that she paid insurance, taxes and utility bills on the property and would visit every few months.

http://nypost.com/2014/10/15/ex-con-arrested-for-filing-fake-deed-to-steal-womans-home/

Ex-con arrested for filing fake deed to steal woman’s home
By Amber Jamieson and Josh Saul
New York Post
October 15, 2014 | 4:52am

* * *

[From article]
Imagine arriving at your own home and finding out a stranger is not only squatting there — he's claiming the place for himself.
That's the nightmare that an elderly New York City woman is living, and now she is fighting to get back the house that she says an ex-con stole from her by filing a fraudulent deed and breaking in.
'It just devastates me,' Jennifer Merin told the New York Post. 'The house was maintained basically as sanctuary to my family.'
Merin says that 49-year-old Darrell Beatty and his sons — Darrell Kash, 25, and DeShaun, 22 — have been living at the home in Queens since February.
She says Beatty filed a bogus deed and moved into the house, which Merin wasn't renting, then changed all the locks.

http://www.dailymail.co.uk/news/article-2790502/elderly-woman-says-father-sons-stole-new-york-city-home-faking-deed.html

Woman says her home was 'stolen' by three con-artists who simply moved in and filed a deed with New York City - after the property had been in her family since 1931
Jennifer Merin discovered squatters had moved into her Queens home when she saw a spike in the vacant property's utility bill
She was horrified when she went to check: the locks had been changed and ex-con Darrell Beatty was living there with his sons
Beatty claims he bought the house from a woman who doesn't seem to exist
The Finance Department has since returned Merin's name to the deed, but she is still battling to remove the men from the house
By MAILONLINE REPORTER
PUBLISHED: 23:01 EST, 12 October 2014 | UPDATED: 09:22 EST, 13 October 2014

October 13, 2014

Los Angeles Woman Kidnapped, Found Years Later in Maine After Theft of Real Estate



Sarah Cheiker (inset) went missing from her Los Angeles home in 2008. It was later demolished.
Photo: AP (2)

[From article] An elderly Los Angeles woman who neighbors believed had died was found years later in a rundown shack in Maine, where an unrelated family took her after gaining her confidence and selling her house, authorities said. Sarah Cheiker disappeared in 2008 at age 89 and was found in 2012 — alive but unwell in a dingy cabin in the town of Edgecomb, where she apparently had been abandoned, The Los Angeles Times reported Sunday. “It was a place I wouldn’t have let my dog live in,” said Detective Robert McFetridge of the sheriff’s department in rural, coastal Lincoln County, Maine. [. . .] the three randomly knocked on Cheiker’s front door. After they had ingratiated themselves, they left and “purchased numerous properties across the country with her money,” Wright said. “I’ve seen things that were egregious, but I’d never seen a person taken across the country, stripped of their assets and left to die.”
http://nypost.com/2014/10/13/elderly-la-woman-missing-for-years-found-in-maine-shack/
Elderly LA woman missing for years found in Maine shack
By Associated Press
New York Post
October 13, 2014 | 10:29am

October 6, 2014

Arkansas Real Estate Broker Kidnapped, Killed


[From article]
Prison parolee Arron Lewis, 33, has officially been charged with capital murder for the death of 49-year-old Beverly Carter, local CBS affiliate KTHV reports.
Lewis, who’s admitted kidnapping Carter, told reporters that he abducted her because she was alone and had money.

http://nypost.com/2014/09/30/vanished-real-estate-agent-found-in-shallow-grave/

Real estate agent’s kidnapper: She was rich and alone
By Chris Perez
New York Post
September 30, 2014 | 11:13am

July 24, 2014

Michael Moore Owns Nine Homes, Earned $50 million



[From article]
Moore and Glynn jointly own “multiple substantial residences and multiple companies,” including Dog Eat Dog Films, the production company behind hit movies like “Roger &
Me” and “Bowling for Columbine.” The couple’s real estate holdings include a total of nine properties in Michigan and New York. The duo co-owns a Manhattan condo that was created through the combination of three separate units.

http://www.thesmokinggun.com/documents/Michael-Moore-divorce-476321

Michael Moore, Wife Tangle Over Divorce Dollars
Director claims spouse squandered funds on mansion
Smoking Gun

* * *

[From article]
Since his 1989 "Roger and Me," Michael Moore has earned upwards of $50 million trashing capitalism.

http://www.breitbart.com/Big-Hollywood/2014/07/23/michael-moore-owns-9-homes

MICHAEL MOORE OWNS 9 HOMES
by JOHN NOLTE
23 Jul 2014, 6:11 AM PDT

March 25, 2013

Daughter of New York Real Estate and Political Magnate Charged For Selling Heroin



Arrested: Brian Whalen, 28, and Katheryn Kalikow, 27, are accused of selling heroin through Craigslist ads

http://www.dailymail.co.uk/news/article-2299000/Katheryn-Kalikow-daughter-real-estate-mogul-Peter-Kalikow-arrested-heroin.html

Daughter of real estate mogul arrested with 30 baggies of heroin after 'advertising drug deal on Craigslist'
By MICHAEL ZENNIE
Daily Mail (UK)
PUBLISHED: 14:26 EST, 25 March 2013 | UPDATED: 17:38 EST, 25 March 2013