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re: hmmm...the chilled water saga at Perkins Rowe
Posted on 5/7/14 at 2:44 pm to Geauxld Finger
Posted on 5/7/14 at 2:44 pm to Geauxld Finger
Why would that be? Stirling not a good company?
Posted on 5/7/14 at 2:49 pm to DelightfullyDemented
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 on 5/7/14 at 4:42 pm to Geauxld Finger
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 on 5/7/14 at 4:45 pm to Supermoto Tiger
He's an unapologetic piece of shite dirtbag. Classic.
Posted on 5/7/14 at 4:47 pm to Geauxld Finger
quote:
now that Stirling is managing it, not too far from now
This is pretty much fire Javi. Les meddling etc.
Posted on 5/7/14 at 4:48 pm to DelightfullyDemented
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?
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 on 5/7/14 at 4:50 pm to DelightfullyDemented
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 on 5/7/14 at 4:51 pm to lsuallsportsfan
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 on 5/7/14 at 4:53 pm to Geauxld Finger
quote:
I'm not saying TS is stand up guy, but he is often OVERLY criticized in BR.
Posted on 5/7/14 at 4:53 pm to Supermoto Tiger
quote:
e has continued to own Central Facilities with University of Alabama head football coach Nick Saban, a personal friend.
frick Spinoza
Posted on 5/7/14 at 5:24 pm to Geauxld Finger
quote:The 1st Circuit Court of Appeals seems to think so. LINK
you know this for fact?
quote: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.
the lawsuits that would have been brought against the city would have been enormous.
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 on 5/7/14 at 5:31 pm to Poodlebrain
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.
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 on 5/7/14 at 5:47 pm to jbgleason
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.
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 on 5/7/14 at 5:51 pm to Geauxld Finger
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
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 on 5/7/14 at 5:55 pm to jbgleason
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.
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 on 5/7/14 at 6:00 pm to Geauxld Finger
Lol Spinoza is a fricking crook
Posted on 5/7/14 at 6:06 pm to jdd48
Spinosa must be tje smoothest talking MFer on the planet.
I am amazed that people keep doing business with him.
I am amazed that people keep doing business with him.
Posted on 5/7/14 at 7:14 pm to Geauxld Finger
quote: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.
The waterproofing, pool contractors, and a few others deserved nothing for the shitty work they did.
Posted on 5/7/14 at 7:35 pm to Geauxld Finger
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 on 5/7/14 at 7:55 pm to Beerinthepocket
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
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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