Showing posts with label property speculation. Show all posts
Showing posts with label property speculation. Show all posts

Monday, April 22, 2019

Team Gahan speaks with forked tongues: If residents are being moved OUT of Riverview Tower, why does NAHA need MORE parking on State Street?

Back in March we stole a glance at a downtown parcel.

GREEN MOUSE SAYS: Why is the New Albany Housing Authority buying commercial property at the dumping grounds downtown on State Street?



When Mayor Jeff Gahan visited the Mark Elrod Tower to campaign for lifetime employment as mayor, he was asked about the purchase. Imperial NAHA Procurator David Duggins brushed aside Dear Leader to explain NAHA's desperate need for State Street frontage.

Resident: “I want to know why you’re buying more property for parking when you’re going to tear down Riverview. The newspaper states that you’re putting in more parking for Riverview residents, but yet you’re moving Riverview residents out and you’re going to tear down the building.”

(Duggins quickly intervenes in a question intended for Gahan)

Duggins: “Well, none of that’s been released, it said in the paper we had the opportunity to buy an eyesore, and one of the proper uses for that is parking for that area. We do have a parking issue in that entire area, when we have anything that goes on at Riverview Tower we have to move folks out, we have to close those two spots out front, so any work, when we have electricians and all that, and when that eyesore became available to be purchased, which the city had targeted that for a long time, we purchased it, and that is why we’re doing it."

Last week there was a fire at Riverview Tower, and Duggins quickly steered the ever obliging Chris Morris from humans to buildings.

For Gauleiter Duggins and Dear Leader, it's all about the timetable to transform Riverview Tower into luxury with a view.


In this article, Duggins refers to Riverview as "a 16-story building with 160 units."

Duggins said he is in weekly discussion with officials with the Department of Housing and Urban Development about Riverview's future. He said it would likely be a year before any decision is made on the building. He said he tries to meet with residents weekly to dispel any rumors about the facility's future.

He said he is no longer leasing units at Riverview because of the building's uncertainty. There are currently 60 vacant units in the building.

"Regardless of the plan, we wouldn't have to move folks for at least a year ... "

If Riverview is only 62% filled, and given the ongoing profusion of hints to the effect that the building will be taken out of commission in some way, shape or form, then what's the need for extra parking on State Street, which is situated three times the distance from Riverview as the city's huge parking capacity opposite the ball fields?

Isn't it the case that Gahan is borrowing from NAHA's unused "refurbishment" funds to finance City Hall property speculation?

You know, it's not hard to call them out for telling bald-faced whoppers when they're openly contradicting themselves.

If you haven't read the transcript of Gahan's and Duggins' comments to residents at the Mark Elrod Tower, consider doing so.

Previously:

Demolition Man: Either Gahan lied about the NAHA "memorandum of understanding" from 2017, or he lied to Mark Elrod Tower residents in 2019. Which is it?



Elrod 3 In which Deaf Gahan asks: “Okay, what’s the ISSUE with Riverview? Do you KNOW people who live over there? I mean, WHY are we talking about Riverview?”



Elrod 2 In which Deaf Gahan encourages public housing residents to be "thrilled" about the indoor grass at the sportsplex he built with their money.



Elrod 1 In which Deaf Gahan regales public housing residents with ribald tales of the "superstar" Warren Nash.



When it's time for personal status protection, local Democrats rally around the Kool-Aid.


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Democratic mayoral candidate David White understands that change begins with a whole lotta scrubbing, and NA Confidential advocates just such a deep civic cleansing. 

After eight years on the job, Mayor Jeff Gahan's list of stunning "achievements" is long, indeed: tax increases, budgetary hide 'n' seek, self-deification, daily hypocrisy, public housing takeover, non-transparency, pay-to-play for no-bid contracts, bullying city residents and bullying city employees. Eight years is enough. It's time to drain Gahan's swamp, flush his ruling clique and take this city back from Gahan's Indy-based special interest donors. 


NA Confidential supports David White for Mayor in the Democratic Party primary, with voting now through May 7. 

Friday, April 19, 2019

GREEN MOUSE SAYS: Why has the city of New Albany purchased apartment buildings and a strip center between Slate Run and Old Ford?

3:30 p.m. update: Zurschmiede Properties says Elevate got it WRONG; Lone Star Apartments has not been sold and only a Slate Run easement was taken over by the city. Apologies for any inconvenience. I've found Elevate to be reliable, but there always are exceptions. This apparently was one.


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Original article below.


"I have a contact who believes the apartment complex behind Zesto, between Slate Run and Old Ford, now belongs to the City of New Albany (it's one of Kevin Zurschmiede's holdings). If true, this was a mighty quiet acquisition."


The Floyd County Elevate web site says yes, it's true -- but neither a transaction date nor a selling price appears in the listing. As with the listing shown above, all four properties involved have the City of New Albany as owner, but also still include Zurschmiede's name.


Funny, isn't it? There was no mention of this at last evening's city council meeting, even as more than one council persons and grassroots activists expressed support for a comprehensive consideration of the Charllestown Road corridor from Vincennes to ... that's right, the area where Slate Run and Old Ford meet Charlestown Road.

Council rejects Gahan's, Redevelopment's Colonial Manor tax increment financing lollapalooza by a 5-4 vote. Alterations to come?


1636 Slate Run Road is a multi-purpose commercial building perhaps best known as the home of Mac's Hideaway and Empire Comics. It's a hybridized building, and Zurschmiede is shown as still owning the western side of it.



1637 Old Ford Road is the address for Lone Star apartments.


Let's briefly hypothesize. The New Albany Housing Authority has been buying commercial properties unsuitable for housing.

GREEN MOUSE SAYS: Bet you didn't know NAHA owns these properties on two corners of Main and Vincennes. Why?


GREEN MOUSE SAYS: Why is the New Albany Housing Authority buying commercial property at the dumping grounds downtown on State Street?


The City of New Albany is buying apartment buildings on Old Ford Road.


Do you think there's a connection, and a series of property "swaps" are imminent?

Going a bit deeper, now that Jeff Gahan's theme park Disney fetish has run its course, is he the new property-slinging, wheeler-dealer Donald Trump?