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Old Posted Oct 24, 2007, 10:42 PM
citywatch citywatch is offline
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Join Date: Feb 2002
Posts: 6,705
Quote:
Originally Posted by JDRCRASH View Post
Is all this true?!!
jeez, you make me feel like one of those ppl who sell used cars, swamp land in florida, or bridges in brooklyn.

I was giving merely a hypothetical about what would happen to condo sales & apt leasing in DT right now if more ppl, instead of living in the distant burbs & putting up with ridiculously long commutes, decided to move to DT.

However, this wasn't hypothetical.



And it looks like colemonkee could be getting a nice price break on his property taxes in the future:

Quote:
After much work and lobbying by a commitee of owners here, the building has gained “National Historic Monument” status. In a quote from the e-mail announcing this:

“This is a moment to acknowledge the intrinsic value of our investment in this extraordinary building, and to learn about the many possibilities this prestigious status presents for us — including the Mills Act — which could open the door to financial resources for maintaining, preserving, and restoring the building. “

There’s going to be a bronze plaque placed on the building and a big ceremony here and at the Edison in November, attended by dignitaries from City Hall and the LA Conservancy.




And I don't believe that either metro417 or the Title Guarantee bldgs will be incorporated into Parkfifth's design or construction. If the devlpr said his proj would "incorporate" aspects of those 2 neighboring sites into his proj, he may have meant that the design would not be so unneighborly as to provoke NIMYBism in the ppl currently living around the proposed devlpt.