Broken Angel Up For Sale
It’s a sad day in Mudville: Shahn and Arthur are having to give up on their dream of converting the Broken Angel into a bunch of eclectically designed condos. A few days ago, they put the 13,000-square-foot property up for sale with no asking price. Interested parties can contact Shahn at 917-627-6454. Given that the…
It’s a sad day in Mudville: Shahn and Arthur are having to give up on their dream of converting the Broken Angel into a bunch of eclectically designed condos. A few days ago, they put the 13,000-square-foot property up for sale with no asking price. Interested parties can contact Shahn at 917-627-6454. Given that the new NYT listings site currently returns zero responses to a Clinton Hill search, we’re unable to come up with the listing right now!
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MMHPH- thanks for the clarifying post. I believe we can always do a better job designwise, but its helpful to have it put in perspective for us non industry folk.
Shahn,
Are you trying to sell the Broken Angel Madoff style — a wink and a handshake, but no hard facts?
Why not provide a set up sheet to the general public?
The worst that can happen is that the What has another panic attack and perhaps foams at the mouth.
Shahn,
Please let us know what exactly is for sale and for how much?
How much more needs to be completed?
From the photos it looks like a lot.
What are the numbers?
If I invest, how much will I make?
DIBS – that was basically the question that got me into real estate in the first place. Looking at all the crap out there and saying to myself – why can’t it be better? What I’ve basically learned is that it’s incredibly difficult to navigate the building code, fire code, zoning code, sound code, ADA, multiple dwelling law and the millions of other regulations that exist for our own safety and still come up with a unique product. GIven how tough it is to understand, let allone follow all those regulations, most architects just look for the plain rectangular box that they know will work because it’s worked tons of times in the past. There are only a handfull of architects out there who have the talent and energy to do something unique.
Of course, even if you get one, you’ll have other issues:
The other big one of course is that construction today is extremely expensive – which means that developers need to get the money (whether it’s debt or equity) from large financial institutions who are the only ones who really have that kind of money to invest. Large financial institutions tend to be extremely conservative entities who will not invest in something new and unusual that involves risk when they can just as easily invest in something they’ve done a million times before.
The last factor I’ll bring up is the construction business. Building construction has basically become a business of mass-production. The off the shelf pella window is waaay cheaper than an interesting custom designed unique window that your architect may propose. Most projects I’ve worked on have had one or two details that we’ve been able to offord to custom design, but due to budget constraints you have to pick and choose those details carefully. You’d always like to do more, but never can because of cost.
My new theory is to only take on smaller projects. That at least gets the conservative financial instutions off your back since there’s less of their money at stake. Also, sometimes public entities and non-profit cultural entities are less profit dirven and more concerned with making good public spaces – sometimes.
Just my $0.02
http://www.56cambridge.com
Where does it say you are going to help Arthur Shahn???????? All I see is a bunch of pictures.
A complete OWNING of a Asshat and Dave is next.
The What
Someday this war is gonna end..
Shahn I am truly sorry for being so rough on you – you have clearly lost your mind, please seek treatment before you end up homeless – seriously.
I’m not! I want to smash you in the head with this 4 iron. Hey Shahn where are you?? Come back… Shahn Come Back ROTMFFLMMFAO!!!! You just made my day!!
The What
Someday this war is gonna end..
Shahn come back,not!
“It is possible we’ll be able to find another partner, and it’s possible we’ll be able to find new financing and complete the project. With all of the interest we’ve gotten from potential Dumbasses, it looks likely that the building will be sold.”
RRIIIGGGGGGHHHHHHTTTTTT!!!!! Hey pass that joint Shahn!
“I’ve gone to great lengths to keep this project moving along, and while we face some daunting odds, I’m willing to do what I have to do to make it succeed. To that end, I’ve offered to cross collateralize my house with the building to secure financing or to sell the house outright. It’s listed online here:”
Second thought pass the pipe. A little html to bail me out of this mess..
“At the end of the day, this project isn’t about me or what I’ve been trying to do, but about Arthur and his vision. Working with him has changed the way I look at art and design.”
AAAAAWWWWWW Anit that cute, real nice and sweet Shahn.
The What
Someday this war is gonna end..
Oh Shahn=Fail..
Shahn I am truly sorry for being so rough on you – you have clearly lost your mind, please seek treatment before you end up homeless – seriously.
Naw is this Shahn Andersen??? Hiya doing retard! I told ya Brokenassanngel was a big FAIL!
If we do end up selling the building, I intend to build Broken Angel somewhere else.
WHHAATT??? Hey Shahn you don’t own anything!! WTF ROTFLMMFAOPOMS!!!
“Basically, our bank called our loan before its due date, and I have to do what I can to protect Arthur. I’ve been working on obtaining new financing for a while, but as you may have heard, there is a bit of instability in the financial markets right now, and banks aren’t lending to projects like this. ”
OOOHHHHH LMMFAOPONMFL!! Oh man Shahn you did not head the Advice of The What and now you want someone to feel sorry for you. OH man this is too rich. Hey Shahn GTFOOH!
I think that if you take a look at my hysterical comments, you’ll see that I’m more than capable of having a polite disagreement with other intelligent people who smarter than me. You don’t even have to go back that far – look at the interactions between and my new best retard MM on this very thread.
“What, what in the hell does race have to do with this? It’s totally irrelevent to the discussion. Your obsession with race has more than once made any good point you’ve had, get lost.”
Hey MM lookie at you “new friend” Shahn! He’s ready to cut bait and throw Arthur under the bus. Read the payoff quote “Basically, our bank called our loan before its due date, ”
That means in retard that they are in DEFAULT of that loan!!!!!!!!!!!!!!!!!!!!!!
The What (Shahn=Fail)
Someday this war is gonna end…