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re: hmmm...the chilled water saga at Perkins Rowe

Posted on 5/7/14 at 2:44 pm to
Posted by DelightfullyDemented
Member since Mar 2014
2 posts
Posted on 5/7/14 at 2:44 pm to
Why would that be? Stirling not a good company?
Posted by Geauxld Finger
Baton Rouge
Member since Jan 2005
31707 posts
Posted on 5/7/14 at 2:49 pm to
quote:

Why would that be? Stirling not a good company?


Stirling in general is terrible at property management imo...Thanks for your input Mr/Mrs/Ms Sterling Properties Manager
Posted by DelightfullyDemented
Member since Mar 2014
2 posts
Posted on 5/7/14 at 4:42 pm to
I'm sorry, are you referring to me as "Mr/Mrs/Ms Sterling Properties Manager"? Because I asked what was wrong with that company? What other properties do they manage? I am building a house in Settlement at Willow Grove and have frequented the Rowe for shopping and dining. I am curious as to what shape you think Perkins Rowe will be in since it is sold as an amenity when buying a lot in the Settlement.
Posted by Camp Randall
The Shadow of the Valley of Death
Member since Nov 2005
15589 posts
Posted on 5/7/14 at 4:45 pm to
He's an unapologetic piece of shite dirtbag. Classic.
Posted by Camp Randall
The Shadow of the Valley of Death
Member since Nov 2005
15589 posts
Posted on 5/7/14 at 4:47 pm to
quote:

now that Stirling is managing it, not too far from now




This is pretty much fire Javi. Les meddling etc.
Posted by lsuallsportsfan
WBR Parish
Member since Jun 2013
333 posts
Posted on 5/7/14 at 4:48 pm to
Sterling like any major development firm has had its ups and downs, but on the whole they have done a very good job and (UCLUB development for example). They, like Spinosa, take major risks and sometimes make a fortune and sometimes lose it..as for spinosa, all one needs to do is search the press and see what kind of guy he is...and also, he is very close with the current HC at Tuscaloosa...co-investors and friends..fyiw

so the bigger question, who is a better guy Spinosa or Bernhard? Both have made fortunes and both are often hated by the masses...justified or not?
Posted by Geauxld Finger
Baton Rouge
Member since Jan 2005
31707 posts
Posted on 5/7/14 at 4:50 pm to
quote:

I'm sorry, are you referring to me as "Mr/Mrs/Ms Sterling Properties Manager"? Because I asked what was wrong with that company? What other properties do they manage? I am building a house in Settlement at Willow Grove and have frequented the Rowe for shopping and dining. I am curious as to what shape you think Perkins Rowe will be in since it is sold as an amenity when buying a lot in the Settlement.


Yea I was joking that you were going to come to the defense of Stirling.

Honestly I think it might slack a bit, but I could be wrong. It's a "high end" place and the only people that will clamor to keep it that way are the commercial people. There are very few residential tenants there. So if those people can crack the whip on Stirling it will be fine. I just don't have much faith in their management.
Posted by Geauxld Finger
Baton Rouge
Member since Jan 2005
31707 posts
Posted on 5/7/14 at 4:51 pm to
quote:

and also, he is very close with the current HC at Tuscaloosa...co-investors and friends..fyiw

so the bigger question, who is a better guy Spinosa or Bernhard? Both have made fortunes and both are often hated by the masses...justified or not?


he started all the investing when nick was here at LSU fwiw. Its tough to pull the kind of money away that nick pledged. I'm not saying TS is stand up guy, but he is often OVERLY criticized in BR.
Posted by tom
Baton Rouge
Member since Jun 2007
8156 posts
Posted on 5/7/14 at 4:53 pm to
quote:

I'm not saying TS is stand up guy, but he is often OVERLY criticized in BR.



Posted by fr33manator
Baton Rouge
Member since Oct 2010
124111 posts
Posted on 5/7/14 at 4:53 pm to
quote:

e has continued to own Central Facilities with University of Alabama head football coach Nick Saban, a personal friend.


frick Spinoza
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 5/7/14 at 5:24 pm to
quote:

you know this for fact?
The 1st Circuit Court of Appeals seems to think so. LINK

quote:

the lawsuits that would have been brought against the city would have been enormous.
The court has held the East Baton Rouge Parish Metropolitan Council responsible for the legal fees of those who challenged the improper zoning. Future lawsuits by other damaged parties are not out of the question. Part of the motivation to change the rules for TND qualification by the EBRPMC was to avoid causes of action for the homeowners who would have been out of compliance with zoning laws.

ETA: I hope Welch and Hover are able to force Spinoza to subdivide the property in such a manner to provide them with direct access to Glasgow Avenue. Spinoza should not be allowed to proceed as if nothing has changed as a result of his misdeeds.
This post was edited on 5/7/14 at 5:29 pm
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18902 posts
Posted on 5/7/14 at 5:31 pm to
Does anyone want to mention the numerous subs that Spinosa didn't pay for their work on Perkins Rowe? Or the fact that he hasn't paid the taxes on his house to the Parish? Or the fact that he had that chilled water plant set up from the get go as a separate corporation just so he could pull what he did when Perkins Rowe wasn't his anymore? How about the library site fiasco in Rouzan?

The most amazing thing is that banks keep loaning him money and that the Zoning Commission and Council continue to bend over for him.
Posted by Geauxld Finger
Baton Rouge
Member since Jan 2005
31707 posts
Posted on 5/7/14 at 5:47 pm to
almost every contractor that did their work was paid, especially if they filed a lien on it. some did not (i know), and 99% of the ones that didn't did sub standard work.

The separate chilled water plant was a genius business move if you ask me. I'm sure he was not the first developer to do such a thing. I don't think when he first contrived the idea o perkins rowe, losing it and holding the chilled water plant as a bargaining chip was part of that plan.

The library is totally another story. I can't tell you how many times that was literally ready to be built and political posturing made the library board pull it. I can't blame TS for that.

As for taxes on his house, I know nothing about it.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18902 posts
Posted on 5/7/14 at 5:51 pm to
Tommy? Is that you?

I know a bunch of people in the building business who would very much disagree with your characterization of how the subs were handled. But, hey, I guess saying that the ones who sued and/or filed liens got paid is comforting. What a way to back up the guy. Sue him and you will be likely to get paid. Oh. Great.

TS doesn't pay his property taxes
This post was edited on 5/7/14 at 5:54 pm
Posted by Geauxld Finger
Baton Rouge
Member since Jan 2005
31707 posts
Posted on 5/7/14 at 5:55 pm to
nope sorry not tommy

However I know a lot of the people that built PR. Was the whole thing handled well? absolutely not. But to pin every single thing on him is unfair. The waterproofing, pool contractors, and a few others deserved nothing for the shitty work they did.

i think it also funny that to uselessly toss TS name for the tax thing in that article (which was paid a day later) is pretty sad. BR hates the guy, i guess they have their causes, but the guy was pretty successful at the developments he did until PR. So he must know what he's doing.

And I pray that they subdivide Rouzan, Tommy makes a ton of money off the pieces and a bunch of independent developers turn into another jumbled piece of shite with no continuity. BR seems to love that so much.
This post was edited on 5/7/14 at 6:00 pm
Posted by crankbait
Member since Feb 2008
11623 posts
Posted on 5/7/14 at 6:00 pm to
Lol Spinoza is a fricking crook
Posted by SG_Geaux
Beautiful St George
Member since Aug 2004
77959 posts
Posted on 5/7/14 at 6:06 pm to
Spinosa must be tje smoothest talking MFer on the planet.

I am amazed that people keep doing business with him.
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 5/7/14 at 7:14 pm to
quote:

The waterproofing, pool contractors, and a few others deserved nothing for the shitty work they did.
Who selected the subcontractors? Who supervised their work? It's not like the work was done so rapidly that there was not time to have the subcontractors build to specs. The project management was substandard, and that was Spinoza's responsibility.
Posted by Beerinthepocket
Dallas
Member since May 2011
852 posts
Posted on 5/7/14 at 7:35 pm to
Not sure where the hate for Stirling is coming from. They are the property management arm of TPG Capital which is a very solid company based out of Fort Worth and one of the larger clients of my company. TPG's goal here is to make money and lots of it. That won't happen if the place goes to shite. Spinoza is kidding himself if he thinks he's got the same stature at the negotiating table as TPG.
Posted by Geauxld Finger
Baton Rouge
Member since Jan 2005
31707 posts
Posted on 5/7/14 at 7:55 pm to
I think what he has is a finished chilled water plant, where as your company is simply faced with the mounting cost of building one to circumvent him rather than just pay him.

Also stirling as a property manager just isn't good imo. I know of several stirling owned properties that are run poorly. Just my .02
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