- Aliana, Riverstone Among Top-Selling Communities in the United States So Far This Year, Finds RCLCO [Houston Chronicle]
- Northwestern Mutual Now Owners of Greenspoint Place Complex, Once Home to ExxonMobil [Houston Chronicle]
- Penthouses at StreetLights Residential’s The Carter To Rent for $14,500 Per Month [HBJ; previously on Swamplot]
- The Design Inspiration Behind 609 Main [HBJ; previously on Swamplot]
- Appraisal District Files Motion for ExxonMobil To Release Campus Value in Property Tax Dispute [Houston Chronicle]
- Developer Matt Wells Planning Master-Planned Community in Baytown Dubbed Trinity Oaks [Realty News Report]
- Documenting the Demolition of Kiran’s at 4100 Westheimer [Houston Streetwise; previously on Swamplot]
- Heights Kroger In-Store Beer and Wine Bar Cork & Tap Now Open [Houston Chronicle]
- Hines’ 717 Texas, BG Group Place Awarded by Building Owners and Managers Association International [Houston Chronicle]
- Houston Named Among Most Diverse Cities for STEM Jobs by SmartAsset [HBJ]
Photo of Riva at the Park: Marc Longoria via Swamplot Flickr Pool
Headlines
The ExxonMobil dispute is fascinating to me.
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Imagine seeing a “for sale” sign on a house; you ask the seller what the price is and he says “make me an offer.” So you look at some comps and offer $500k. Then he says “That’s not enough; I need more.” You ask “how much more” and he says “a lot more.” “Yes I know, but how much is a lot more?” He says, “I won’t tell you…”
Exxon sets its own policies, governments be damned. That little HCAD thinks it can push around Exxon is laughable. Exxon will tell them to go fuck themselves and do whatever it wants just like it did to the Iraqi government when they negotiated directly with the Kurds to develop oil fields.
@Observer
Wowwwww!!!!!!!!!!! I’m dripping wet from just the thought of that kind of power. More please?
@IlkyWay
I think he’s suggesting that XOM is going to go around HCAD and negotiate with the Kurds about the value of the campus.
To me, it seems like XOM is in a tight spot. HCAD gave a valuation, and XOM insists it is lower but won’t share documents.
@Observer PFFFFTTTT. That’s nothing! A true bad-ass oil company would have expelled the Kurds, established its own oil-drilling province (Roughneckistan) and imposed fines on the Iraqi government just for being so close.