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Started By
Message
1
Posted on 8/22/17 at 12:00 pm to Das_Wanda_kid
quote:
Spinosa = Dick
Dude is a piece of shite... so is his son
Posted on 8/22/17 at 12:00 pm to GEAUXT
quote:
The houses in question are valued around $400,000 each.
quote:
I mean, that's certainly not a shack, but I would hesitate to call that "high end"
Posted on 8/22/17 at 12:05 pm to Lsupimp
quote:
Bottom line-it was unethical and unprofessional and it has created victims who will have their lives turned upside down.
I'm not arguing against that at all. I was replying to someone that claimed spinosa 'stole property'. I'm just saying nothing was stolen. When this hit the board back in April, the news 'reports' were saying that he built on someone else's property which wasn't the case. it was dumb on spinosa's part to design everything the way they did. all they had to do was increase the width 10' more for a short distance.
Posted on 8/22/17 at 12:09 pm to Putty
quote:
I am fairly certain the landowners could just claim ownership of the homes and not have to pay anything under Louisiana law since the houses were built on land they own without their consent.
thread from April
The 'landowners' you are talking about do not own the land where these homes are built. Their property has a right of passage (servitude) through spinosa's property. Spinosa diminished the servitude from 30' to 20' in a spot. In order to restore that extra 10' of servitude, Spinosa will have to tear down those houses unless of course there is a settlement otherwise.
This post was edited on 8/22/17 at 12:44 pm
Posted on 8/22/17 at 12:12 pm to notbilly
This seems like it's going to be posturing, posturing, posturing, posturing, settlement.
The 'landowners' gain nothing by making him tear down the houses. Spinosa obviously is way better off settling as well and not tearing down the houses... so the only question really is where they end up settling.
The 'landowners' gain nothing by making him tear down the houses. Spinosa obviously is way better off settling as well and not tearing down the houses... so the only question really is where they end up settling.
Posted on 8/22/17 at 12:15 pm to notbilly
quote:
unless of course there is a settlement otherwise.
Which will probably happen rather than tearing down these homes.
Posted on 8/22/17 at 12:19 pm to CaptainsWafer
quote:
Which will probably happen rather than tearing down these homes.
Hopefully so. I feel for the homeowners, assuming they did everything right on their end.
Posted on 8/22/17 at 12:20 pm to TheArrogantCorndog
Really pisses me off that this Spinosa piece of shite is one of only 9 members of the Oak Grove Hunting Club
Posted on 8/22/17 at 12:23 pm to upgrayedd
quote:
As I understand it, this had something to do with some shady shite by the metro council too, right?
Can someone confirm these are the homes affected? Looks like more than 8 but maybe just 8 will need to be torn down?
This post was edited on 8/22/17 at 12:25 pm
Posted on 8/22/17 at 12:26 pm to Arkapigdiesel
Posted on 8/22/17 at 12:26 pm to anewguy
Why would anyone willfully give Spinoza money?
frick that guy.
frick that guy.
Posted on 8/22/17 at 12:41 pm to waiting4saturday
How many companies did Spinoza put out if business on Perkins Rowe?
I know the company I work for has over a $1m owed. But got most of that
I know the company I work for has over a $1m owed. But got most of that
Posted on 8/22/17 at 12:42 pm to waiting4saturday
quote:
Why would anyone willfully give Spinoza money?
This is the overarching question here. Guy is either a shite developer or is crooked as frick. Or both.
Seems like tons of past lessons learned with him for these to keep happening
Posted on 8/22/17 at 12:43 pm to tigeraddict
quote:
How many companies did Spinoza put out if business on Perkins Rowe?
I know the company I work for has over a $1m owed. But got most of that
Can you explain this? I am not very familiar with all of this. I have only heard what a piece of shite he is. Thanks.
Posted on 8/22/17 at 12:45 pm to upgrayedd
quote:
I feel for the people who live in those houses because Spinosa will probably just file bankruptcy on this business and never pay them back fully.
His bonding company is on the hook so the surety will pay.
BUT they will keep the umbrella wide and make sure anyone involved ie...surveyor, engineering firm, city parish (both voting to allow and signing off on permit) etc...anyone with deep enough pockets will be involved in the litigation. The Surety will most certainly do their best to mitigate the damages.
Posted on 8/22/17 at 12:46 pm to Janky
Stiff a bunch of contractors out there but the most lulzworthy piece of it is his retained rights to the chilled water plant (co-owned with Nick Saban's interests)
Posted on 8/22/17 at 12:55 pm to jamboybarry
quote:
Stiff a bunch of contractors out there but the most lulzworthy piece of it is his retained rights to the chilled water plant (co-owned with Nick Saban's interests)
The chilled water was the very first thing built on that property and that was a very smart move on his part to set that up as a separate company.
And while a lot of contractors at Perkins Rowe got jammed - the majority of those were contractors that were on the back end - who worked out there towards the end of construction. A lot of the very first contractors got their money and I know several that were popping him for big change orders and made a bunch before the money ran out. A lot of people took advantage of him and his lack of ability to manage that scale of a project before he turned around and did the same.
He had a General Contractor that started the project - I believe out of Dallas - that really peeled a lot of capital out of there and then bailed. Spinosa was underwater and over his head at that point.
That is in no way defending him for what he did but it adds some perspective to how the whole project took a nasty turn south.
Posted on 8/22/17 at 1:04 pm to Martini
quote:
That is in no way defending him for what he did but it adds some perspective to how the whole project took a nasty turn south.
Incompetent is no better than crooked and immoral. Either way, if you do business with Tommy Spinosa, you don't get to complain if you're left holding the hand grenade.
You know, the fable of the scorpion and the frog.
This post was edited on 8/22/17 at 1:09 pm
Posted on 8/22/17 at 1:04 pm to Martini
quote:
The chilled water was the very first thing built on that property and that was a very smart move on his part to set that up as a separate company.
Yeah I know. It's just the icing on the cake of that whole debacle
Combine what you posted with what I've heard were serious design and QC issues and the whole thing was a mess
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