sodomizer: New York's alright, if you like saxophones...
tommyl66: The only reason construction costs are so high is because of the damn union labor!/So says the guy reading the Herald at Dunkin Donuts
Lollipop165: Yeah, no snark in this post, but urban development is my passion! It was freaky to see all the construction of buildings in places like Williamsburg and Long Island suddenly STOP, half finished in 2009. This was mainly due to banks not giving loans at the time, even to developers (understandably).The past year has been amazing though, cranes are up and new buildings are flourishing. I work new construction marketing and operations, and I thank my dear heavens I was able to take over my new construction's building management and keep myself employed during the past few years. It's been a tough few years though, with a lot of pay cuts.
Lollipop165: Yeah, no snark in this post, but urban development is my passion!
Leeds: Lollipop165: Yeah, no snark in this post, but urban development is my passion!I have to admit that suburban/rural live is my passion. Since you described yourself as being equally passionate about urban centers, can you answer a couple of fundamental questions for me? (I could do the same if you had any interest)For some time now I've been puzzled by people who prefer city life. I've lived in and around cities before but I've never really liked them. Have you ever flown over a city at night? To me there is little that is more depressing than seeing all of the lights destroying the night sky.So my question for you is simple- How do people live satisfying lives when they are cut off from nature?
Leeds: So my question for you is simple- How do people live satisfying lives when they are cut off from nature?
thecpt: I'm kind of new to construction, but has it been common for the developers to ditch the loan process and just go for any and all investors?
Rik01: Am I the only one who finds it disturbing that the sign of an economic recovery is building more stuff to crowd the city, increase taxes and jam even more people into smaller spaces?I use, as an example, my neighborhood. As a kid, there was only one other house on the wooded block, plenty of forest, plenty of peace, low crime and low traffic. Now, 35 years later, 95% of the forest is developed into homes.
Lollipop165: Leeds: So my question for you is simple- How do people live satisfying lives when they are cut off from nature?In a big city, people like the fact that they are surrounded by art, architecture, and people. That's what makes someone like me tick. I'd get bored too easilly in someplace too rural. I like the gogogogo of a big city.But when I leave the city, I like to go as far away as possible - preferably to the deep jungle when going abroad but otherwise I go waaaay upstate or the Poconos in the summer to enjoy wildlife. I'm a huge nature lover. I like to camp, I like to fish, I like bonfires, and walking through streams collecting crayfish and catching frogs and whatnot.In fact, it is really suburbia that I don't like - the lack of nature plus the lack of city life I think is a horrible way of life.Have you ever flown over a city at night? To me there is little that is more depressing than seeing all of the lights destroying the night sky.The only thing more beautiful to me than a starlit night is the bright lights of a city: the the height of human culture, society, and engineering.thecpt: I'm kind of new to construction, but has it been common for the developers to ditch the loan process and just go for any and all investors?Investors are a huge part of the equation, always. However, in Manhattan (where I do most of my work) it is nearly impossible to just work through private investors since the costs are far too high to just go that route, even with tax credits (I work in mostly areas that offer tax credits for new construction). Besides, it is generally bad business to just go through the investors because loans are always more negotiable and new constructions always cost more than planned. Usually developers work with investors AND banks.Regarding that particular situation, it sounds very odd that they would try to get investors through subcontractors... it seems to me like they couldn't find "real" investors so they tried to just find anyone ...
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