tag:blogger.com,1999:blog-1837176580996082182.post8077100237544632508..comments2024-03-28T00:08:11.164-04:00Comments on The Stuyvesant Town Report: Rose Associates Exits, CW To Take OverStuy Town Reporterhttp://www.blogger.com/profile/05538426011607971633noreply@blogger.comBlogger79125tag:blogger.com,1999:blog-1837176580996082182.post-39466274864127117102012-08-29T13:36:25.638-04:002012-08-29T13:36:25.638-04:00I so wish there was a "like" button on t...I so wish there was a "like" button on this blog. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-32781632364986774902012-08-29T13:28:32.545-04:002012-08-29T13:28:32.545-04:00"To recap, we have had a complete freak out b..."To recap, we have had a complete freak out by irrational shut-ins, a series of short paranoid conspiracy theory talking points proposed every three minutes, an internal disinformation war between residents who just want to find out information about a big change that will affect their lives and the self-titled posting police reinventing the rules of blogging to bar recaps. In sum, after a clusterfkuc of insanity, we all need to regroup to determine the lessons learned and our next steps. And I can summarize our short-form posting rules going forward so we can review them, then come together to get the gist and give each other the thumbnail sketch of our comments, and finally, give a recap so that there is no confusion. Does that sound like a fair summary of our overview discussion. If so, let's get out the cliff notes version of our action plans going forward and come up with some short bullet points to highlight the important issues."<br />I COULDN’T AGREE MORE – THE POSTERS ON THIS BLOG ARE EXTREMELY DRAMATIC AND OBSESSED. I PICTURE CHAIN SMOKERS SITTING AT THEIR MONITORS 24 HOURS A DAY JUST WAITING FOR SOMETHING TO POST!<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-74291842176174513322012-08-29T13:09:03.266-04:002012-08-29T13:09:03.266-04:00Anon 12:51 AM - That was GREAT! Thanks for the lau...Anon 12:51 AM - That was GREAT! Thanks for the laugh! <br /><br />Anon August 28 10:11 PM must be apoplectic! Serves him or her right. <br /><br />Anon August 28 10:11 PM you have a lot of nerve telling people to stop posting recaps. Who died and made you king (or queen)?!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-11057187917108672722012-08-29T10:55:13.751-04:002012-08-29T10:55:13.751-04:00This is about the last place I'd come to for y...This is about the last place I'd come to for yuks, but thanks to 12:51 AM for providing a few just now. Well aimed, well delivered.<br /><br />Now back to the regular programming.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-87552358303548374422012-08-29T10:32:30.308-04:002012-08-29T10:32:30.308-04:00Well said Anonymous August 29, 2012 12:51 AM
In m...Well said Anonymous August 29, 2012 12:51 AM<br />In my humble opinion the most important issues are.<br />1) Resolving Roberts as quickly as possible.<br />2)Monitoring the TA/Brookfield Bid. And sending a clear message that we will only buy in, if the price is affordable, e.g $315 PSF.<br />3) (if we do ever do get to buy) forming a Condo or Co- Op board, that can vote to resolve nearly all of the QOL issues that have been such a problem for the last 6 years.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-119879160972424792012-08-29T00:51:53.701-04:002012-08-29T00:51:53.701-04:00To recap, we have had a complete freak out by irra...To recap, we have had a complete freak out by irrational shut-ins, a series of short paranoid conspiracy theory talking points proposed every three minutes, an internal disinformation war between residents who just want to find out information about a big change that will affect their lives and the self-titled posting police reinventing the rules of blogging to bar recaps. <br /><br />In sum, after a clusterfkuc of insanity, we all need to regroup to determine the lessons learned and our next steps. <br /><br />And I can summarize our short-form posting rules going forward so we can review them, then come together to get the gist and give each other the thumbnail sketch of our comments, and finally, give a recap so that there is no confusion.<br /><br />Does that sound like a fair summary of our overview discussion. If so, let's get out the cliff notes version of our action plans going forward and come up with some short bullet points to highlight the important issues. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-59047592104525992292012-08-28T22:55:09.689-04:002012-08-28T22:55:09.689-04:00After reading two recaps, I'd like you to stop...After reading two recaps, I'd like you to stop writing them.<br /><br />If we need a recap, the moderator can provide one.>> <br /><br />Who the hell are you to tell people what they can and cannot post, not matter what you "would like" them to do? If STR lets the posts through, then obviously he has no problem with them and he (not you nor me) is The Moderator. If you don't like certain posts, then just don't read them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-38316448995045671632012-08-28T22:11:17.193-04:002012-08-28T22:11:17.193-04:00After reading two recaps, I'd like you to stop...After reading two recaps, I'd like you to stop writing them.<br /><br />If we need a recap, the moderator can provide one.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-27342592177854241842012-08-28T20:20:49.898-04:002012-08-28T20:20:49.898-04:00Andrew Macarthur is associated with Compassrock Re...Andrew Macarthur is associated with Compassrock Real Estate LLC and holds several roles such as Manager and Manager. Andrew Macarthur has 5 known relationships including David Iannarone, Gordon Smith and Charles Soetka and is located in New York, NY.tommyboynoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-48519394488805351362012-08-28T19:48:50.888-04:002012-08-28T19:48:50.888-04:00Jan. 17, 2012
David Woodward Forms CompassRock Rea...Jan. 17, 2012<br />David Woodward Forms CompassRock Real Estate LLC<br />Denver—After a career providing leadership and strategic vision to Laramar Group and Archstone, two multifamily real estate firms, David Woodward has formed a new property management firm, CompassRock Real Estate LLC. Woodward has secured CW Financial Services as a financial partner. CompassRock’s initial focus will be on the management of assets in CW’s special servicing portfolio.<br /><br />A 20-year veteran of the industry, Woodward has secured property management, asset management, construction management and receivership assignments. In addition to the management of conventional apartments, CompassRock will have divisions specializing in student and senior housing. The firm will commence operations in 15 markets throughout the balance of 2012 and will add another 10 markets in 2013 to complete its national footprint.<br /><br />Related Posts:<br /><br />Mark Willis named Development Controller at Mark-Taylor<br />Industry Veteran Starry Joins McShane Development as Vice President – Multifamily<br />Jerry Rappaport Jr. Joins Ed Zuker of Chestnut Hill Realty to Create CHR Investors<br />Jones Lang LaSalle Announces International Director Promotions<br />Harmar Thompson Joins LCOR as Senior Vice President of Development<br />Tommyboynoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-74099846727183545422012-08-28T19:33:07.398-04:002012-08-28T19:33:07.398-04:00Love CompassRock's tag line: Live. Life. Bette...Love CompassRock's tag line: Live. Life. Better. <br /><br />Yeah. Sure. Don't hold your breath.<br /><br />According to their website, they also manage the Riverton Square Apartments that someone on Facebook said Rose Associates was dropped from recently.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-71125661723219716632012-08-28T19:25:43.014-04:002012-08-28T19:25:43.014-04:00We have a new property manager: CompassRock Real E...We have a new property manager: CompassRock Real Estate. <br /><br />Here's their website: http://www.compassrockrealestate.com/<br /><br />Who knows what we're in for this time around. Probably not going to be good.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-71325063745083052782012-08-28T17:31:41.253-04:002012-08-28T17:31:41.253-04:0012:23 PM Anon - right. There was little or nothin...12:23 PM Anon - right. There was little or nothing new in what Meredith Kane says. If some info hadn't been covered at the TA sites (like the process with the AG), it's been mentioned here and at other sites. So why post it? Because...there has been one delay after another from Brookfield & the TA (as Brookfield's salesman) knows it's starting to lose credibility. So they send in Meredith Kane to sound comforting & do some hand holding. Just more bs from the TA while you're waiting for the beef. And maybe prepping you for some ore delay.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-83759590885438784062012-08-28T16:42:37.096-04:002012-08-28T16:42:37.096-04:00After 62 comments on this thread, this is my recap...After 62 comments on this thread, this is my recap:<br />Roberts will be settled in the next month or 2 so that CW can make the sale. If not they will lose there control at the end 2013. Extensions are not granted for nothing, if they just sit on the complex for 5 years and do not attempt to sell, that is not a reason for extending there time here, they have been dragging out Roberts for the last 3 years, in hopes that the complex would go back up in value, but now the creditors can see that the economy is not picking up anytime soon, so all they are interested in doing now is getting there $3Billion back ASAP. Once we the tenants become owners we will be able to form our own Co Op or Condo board, and take care of most of the QOL issues that have been troubling us for the last 6 years.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-65878385896404265982012-08-28T15:33:35.768-04:002012-08-28T15:33:35.768-04:00"The QOL here will definitely spiral downward..."The QOL here will definitely spiral downward even more due to the removal of Rose Associates who acted as a “buffer”. "<br /><br />Or, maybe, Rose acted as a catalyst to the downward spiral and their exit will stall the further rape of the community. Or not. Time will tell.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-92200430193518169882012-08-28T15:24:28.575-04:002012-08-28T15:24:28.575-04:00Since when are Special Servicer, CW Capital, and i...Since when are Special Servicer, CW Capital, and its despicable Vice-President, Andrew MacArthur, in the business of actually managing the DAY-TO-DAY, nitty-gritty needs of a highly unique, residential property like ours??? And what kind of hubris even makes them think that they are remotely qualified to do so???<br /><br />Andrew MacArthur has already proven himself – repeatedly – to be an utter disaster as an overseer here. It is directly because of his abominable leadership that we have experienced the worst decline in quality-of-life that we have EVER had. Who has a skating rink installed – at great expense and without quality-of-life consideration for the tenants living nearby – just because his kids think it would be cool??!! Only a narcissistic, wasteful fool. That’s who.Fed Up Tenant (the original)noreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-83218197322279184172012-08-28T15:16:02.002-04:002012-08-28T15:16:02.002-04:00Anon - August 28, 2012 1:50 PM. Thank you for the ...<b>Anon - August 28, 2012 1:50 PM.</b> Thank you for the information. The TA will look into this matter.Inquiry from the Tenants Associationnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-17825987514800503282012-08-28T14:16:35.957-04:002012-08-28T14:16:35.957-04:00After 60 comments on this tread, this is my recap:...After 60 comments on this tread, this is my recap:<br /><br />Until Roberts is settled, the sale/conversion process will not move forward..<br />CW Capital has a five year tenure here as the holding company. They could file for extension (?) but that is not probable.<br />The QOL here will definitely spiral downward even more due to the removal of Rose Associates who acted as a “buffer”. That "buffer" was greatly shredded in the past year.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-39260706002114437032012-08-28T13:50:56.090-04:002012-08-28T13:50:56.090-04:00"To Anonymous - August 28, 2012 8:50 AM.
Yo..."To Anonymous - August 28, 2012 8:50 AM.<br /><br />You wrote, "In my building, instead of fixing the doors, they just stuck signs on them telling us to close the doors!"<br /><br />Clearly, this is NOT an acceptable or appropriate solution to the problem. Can you please tell me what building you live in and what floor(s) these signs appear on so the TA can document the presence of these signs and take action? Thank you.<br /><br />August 28, 2012 11:26 AM"<br /><br />8PCR. The back door doesn't close, either. C'mon in! Apparently, everyone is welcome...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-34961413334538649412012-08-28T12:23:25.426-04:002012-08-28T12:23:25.426-04:00During the last TA update, they mentioned that thi...During the last TA update, they mentioned that things were rolling along and thought it was counterproductive to discuss EVERY nuance of the negotiation process. They said they would provide an update in the next few months. I hope this recent video of Meredith isn't what they consider an update. She simply goes over everything that has already bee discussed ad infinitum.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-9472515814229880102012-08-28T12:21:36.089-04:002012-08-28T12:21:36.089-04:00"What is the status with the FDNY inspecting ..."What is the status with the FDNY inspecting all the fire doors?"<br /><br />In my building they filled the floor areas around the pipe. It used to be I could look straight down to the floor below, and the floor below that.<br /><br />So it looks like work is being done. But I'd like an update as well.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-75857001874951985082012-08-28T12:10:26.160-04:002012-08-28T12:10:26.160-04:00Absolutely!!! Thanks.Absolutely!!! Thanks.Stuy Town Reporterhttps://www.blogger.com/profile/05538426011607971633noreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-76844677063768765562012-08-28T11:32:45.236-04:002012-08-28T11:32:45.236-04:00A good link to add, STR?
http://escapestuytown.wo...A good link to add, STR?<br /><br />http://escapestuytown.wordpress.com/2012/08/27/cwcapital-asset-management-to-manage-stuy-town/#more-11Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-48608704601299582622012-08-28T11:26:57.074-04:002012-08-28T11:26:57.074-04:00 To Anonymous - August 28, 2012 8:50 AM.
You w... <b>To Anonymous - August 28, 2012 8:50 AM. <br /><br />You wrote, <i>"In my building, instead of fixing the doors, they just stuck signs on them telling us to close the doors!"</i></b><br /><br />Clearly, this is NOT an acceptable or appropriate solution to the problem. Can you please tell me what building you live in and what floor(s) these signs appear on so the TA can document the presence of these signs and take action? Thank you.Inquiry from the Tenants Associationnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-19068601233807422362012-08-28T11:23:18.661-04:002012-08-28T11:23:18.661-04:00"3) It was announced that the TA/Brookfield w..."3) It was announced that the TA/Brookfield would place their bid to buy at the end of summer 2012."<br /><br />It was also announced that TA/Brookfield "would place their bid" by April of this year. That didn't happen either.<br /><br />Next thing we are going to hear is that they are making a "new year's resolution to place their bid" in January.<br /><br />Whatever. The timing is irrelevant if it ever happens at all. It will be a bad deal.Anonymousnoreply@blogger.com