tag:blogger.com,1999:blog-5694390946037511355.post4676635560300934463..comments2024-03-28T08:15:11.684-04:00Comments on EV Grieve: Report: Developer Douglas Steiner lands $130 million loan for EV condo constructionUnknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5694390946037511355.post-12370988114735761502016-02-05T03:10:21.624-05:002016-02-05T03:10:21.624-05:00That big loan is really going to boost the confide...That big loan is really going to boost the confidence of all the people interested in that development. Hopefully with all that new financing, the work will all go on without a hitch.Anonymoushttps://www.blogger.com/profile/01448580657418593904noreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-70451492072829496312015-12-30T13:35:23.148-05:002015-12-30T13:35:23.148-05:00What happened to the rental w/ affordable units co...What happened to the rental w/ affordable units concept?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-82715904200314624772015-12-30T06:06:05.820-05:002015-12-30T06:06:05.820-05:00So the bank is lending the developer over $1.5 mil...So the bank is lending the developer over $1.5 million per apartment. What will he charge per condo unit, 3 million +? Kind of boggles the mind how the East Village has changed. 20 years ago it was not all that strange to see a listing for $75,000. Who are the tens of thousands of people that can afford 3 million?Brianhttps://www.blogger.com/profile/16018698439789288968noreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-78101652310356609492015-12-29T22:06:40.560-05:002015-12-29T22:06:40.560-05:00At 9:23, Anonymous said...
"Luxury" dev...At 9:23, Anonymous said...<br /><br /><i>"Luxury" development is happening everywhere in Manhattan and Brooklyn not because there is pent up demand but there is money to be made by building and selling (renting) these spaces. A farmer clears a forest to plant crops to make money this is the same thing.</i><br /><br />It just goes according to the <i>Field of Dreams</i> mantra: "If you build it, they will come."<br /><br />All these "luxury" developments are the slums of the future—mark my words.Scuba Divahttps://www.blogger.com/profile/10326884503725331349noreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-87925403161059585762015-12-29T18:13:47.599-05:002015-12-29T18:13:47.599-05:00Hooray for leveraged financing, this guy doesn'...Hooray for leveraged financing, this guy doesn't have to go into his own pocket anymore. Hope this city runs out of people and couples who can afford a $4k/month 700 sq ft apt and these guys get caught holding the bag. I'd love to ask this dude if he thinks 7am 7 days a week construction is reasonable for hundreds if not thousands of neighbors. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5694390946037511355.post-40488502754444861752015-12-29T09:23:03.074-05:002015-12-29T09:23:03.074-05:00"Luxury" development is happening everyw..."Luxury" development is happening everywhere in Manhattan and Brooklyn not because there is pent up demand but there is money to be made by building and selling (renting) these spaces. A farmer clears a forest to plant crops to make money this is the same thing. Anonymousnoreply@blogger.com