Friday, October 30, 2009

Oh Yeah, and the Carousel House Too

   

Nancy Sarnoff recounts the distinguished real-estate ventures of Houston attorney John O’Quinn, who was killed in a car accident on Allen Pkwy. yesterday: “He was a financial partner with Trammell Crow Co. on 120 acres of land in Katy where KBR was planning to build a corporate campus. He was planning to help fund Ballpark Place, a downtown residential tower across from Minute Maid Park that never got off the ground. In 2004 he contributed $225,000 to the renovation of Lawndale Art Center at 4912 Main St., a 1931 art deco building designed by Joseph Finger. He was a major investor in Houston-based Flagship Properties, an apartment developer. He partnered with Houston-based Levcor Inc. on the Centre at Bunker Hill, the Costco shopping center along the Katy Freeway. And after a $25 million gift to St. Luke’s, O’Quinn was given naming rights to the 506,000-square-foot O’Quinn Medical Tower - the 28-story twin-towered structure whose spires resemble hypodermic needles.” [Prime Property; previously on Swamplot]

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12 Comments

  1. 1
    From Matt Mystery:

    Yes let’s not forget the Carousel House. The Chronicle sometimes leaves you wondering how it has managed to stay in business.

    Not a lot of mourning apparently and even his friends really didn’t think that much of him based on some of the comments.

    Of course he will be remembered fondly by the insurance industry considering he single-handedly provided the basis for increased premiums for both board/company liability insurance and medical malpractice insurance.

  2. 2
    From Eric:

    He and his ilk have made our nation what it is today.

  3. 3
    From miss_msry:

    Don’t those kind of comment come back to bite you on the ass.

    Karma?

  4. 4
    From miss_msry:

    Or is that Karman Ghia?

  5. 5
    From CK:

    Matt,

    The insurance industry is never fond of tort actions that result in elevated risk assumption expense.

  6. 6
    From Matt Mystery:

    Matt,

    The insurance industry is never fond of tort actions that result in elevated risk assumption expense.

    ___________

    Oh please. For every dollar they’ve paid out they’ve taken in two. And for every dollar they’ve paid out, they’ve added another dollar to the premiums so they’ve really taken in three.

    Some people really believe other people are stupid. Some are. Some aren’t.

  7. 7
    From CK:

    Matt,

    There are always going to be companies that charge too much to be competitive, along with people foolish enough to buy goods and services from said companies. On the other hand, there will always be competitors to said companies that are hungry for business that provide the same goods and services at more competitive pricing models. That is, until the socialists attempting to turn this country towards a full scale socialism experiment get their way. Then, if that happens, watch prices for everything go through the roof, along with shortages and rationing.

  8. 8
    From Matt Mystery:

    There are always going to be companies that charge too much to be competitive, along with people foolish enough to buy goods and services from said companies.
    _____________________

    Most would argue the point with you with regard to what is slowly becoming a monopolization of the health care industry by the insurers but most realize that anyone who uses “socialists” as an argument to any opinion other than yours is wasting their time.

  9. 9
    From Sboney:

    Psuedoscientists and grudgeholders everywhere have lowered their flags to half mast, apparently the real estate establishment has too. He represented unbridled greed gaming an entitlement oriented society. Pioneering in one sense.

  10. 10
    From Matt Mystery:

    He represented unbridled greed gaming an entitlement oriented society.

    __________________

    No Horatio Alger he. More Citizen Kane. And somewhere in the warehouses with the 800 cars is probably “Rosebud” which no one will take notice of. He will be quickly forgotten and when someone else comes up with bigger bucks, his name will vanish from the buildings.

    There really is little about him to admire. Except the money. Which was, really, always tainted.

  11. 11
    From CK:

    Matt,

    Not that I was a fan of O’Quinn, but is there anything you’d care to add of a positive nature to anything around here?

  12. 12
    From Aimee:

    He gave my best friend hope when she was going through a really difficult time.

    That is worth more than money.

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