06/14/12 2:11pm

ALLEN STANFORD’S NEXT CENTURY R. Allen Stanford, the former Houston real estate investor who made it to the big time before being convicted earlier this year of heading up a $7 billion Ponzi scheme, could be spending the next turn-of-the-century in federal prison — if he works it right. The former chairman of the Stanford Financial Group has been imprisoned since June 2009. In a Downtown Houston courtroom today, after Stanford maintained he “didn’t defraud anybody,” U.S. District Judge David Hittner sentenced him  to 110 years. [L.A. Times; ; previously on Swamplot]

06/14/12 10:45am

Poke along Polk St. in the Woodleigh area of “Greater Eastwood” to find this vintage brick bungalow. Since it’s next to an auto repair service, the home acts as a bookend shoring up one end of a mostly residential block. A convenience store caps the other end; a shopping center is in the next block.

The listing’s location close to Cullen Blvd. means both current and future public transportation options. Metro buses, for example, stop nearby and Polk St. itself has a bike lane. Meanwhile, Metro Rail has 3 stations pending in the area, though each might turn out to be a bit of a hike from the home. It’s about three quarters of a mile to the future Green Line’s York and Lockwood/Eastwood stations. The Purple Line’s Leeland/Third Ward stop is going up just over a half-mile away.

The house boasts classic features of 1929 domicile design: porches, wooden trim, interior archways. Listed earlier this month at $124,900, the property is offered “as is.” Here’s what — at least as the photos show it — that means:

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06/14/12 9:45am

WE’RE BUILDING MORE HOUSES IN HOUSTON “The New York Metro areas has more than 3 times as many workers as the Houston metro area,” notes UNC professor and Forbes economics blogger Karl Smith after looking at a bunch of graphs, “but can’t keep up with the pace at which Houston is permitting new housing.” One of the several charts Smith assembled from Federal Reserve data shows that the number of construction permits issued in the Houston metro area surged ahead of the number issued in the New York-New Jersey-Long Island area beginning toward the latter end of 2007, just as the recession hit, and has stayed ahead. (The pace of new permitting in both cities accelerated in 2005, but fell off in New York a couple years later, after a big spike.) Over the last couple of years the Houston area has accounted for between 3.5 and 6.5 percent of all newly issued U.S. housing units. [Forbes]

06/14/12 8:30am

Photo of Hiram Clarke mobile home: The Isiah Factor

06/13/12 5:44pm

In 2009, the now-10-year-old Betz Art Gallery housed in a 1947 cottage-scale venue on West Gray gained a 3-story appendage to expand its exhibition space. Now the gallery towers over itself. Listed in January at $599,000, the property’s asking price dropped to $549,000 at the end of March. That’s around the time artist Lori Betz opened the Betz Art Foundry at the Summer Street Studios, up in the artsy warehouse district off Houston Ave. Although the Montrose-area gallery remains open, it’s moving later this year, a gallery staff member says.

A mashup of modern and vintage structures, the bi-level gallery-home is listed as ADA compliant and reported to be “very energy efficient.” Maybe it’s the dearth of windows. Glass panes that remain post-redo have light-diffusing panels.

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06/13/12 12:45pm

University of Houston officials have asked Metro to move a portion of the Southeast Line, currently under construction, off its planned route — and off campus. Work on portions of the line on Wheeler and Scott streets near Robertson Stadium came to a standstill 2 months ago, West U Examiner reporter Michael Reed notes. Metro and UH officials have apparently been negotiating on the layout of the light-rail route since that time, but so far, according to Reed, there’s been no agreement.

Metro’s planned design for the line requires the transit agency to purchase a total of 4.48 acres of UH property, much of it in a strip along the eastern side of Scott St., just west of the stadium. A plan submitted to the Department of Transportation for funding last year shows the line and a Scott/Cleburne station on the east side of Scott St., on part of what’s currently a stadium parking lot. (The map, below, also shows that Metro adjusted the plan from a 2008 layout that would have eaten up more UH property.)

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06/13/12 10:40am

SERVER UPGRADE There is nothing wrong with your internet set. Do not attempt to adjust the picture. We are, uh . . . improving the transmission today with a long-overdue server upgrade. It may take a bit of time for identifying info about Swamplot’s new location to propagate across the internets, though, so hold on for a few bumps. Photo: Tony Young [license]

06/13/12 8:30am

Photo of Wiley Robertson mural: Candace Garcia via Swamplot Flickr Pool

06/12/12 11:59pm

COMMENT OF THE DAY: HOME IS WHERE YOU PUT YOUR EXTRA CARSEAT “I have the exact same thing in my music room, except it’s a removable bench seat from the minivan instead of two captain’s chairs. I’ll bet this is more common than you think in houses with a pre-2008 Dodge/Chrysler minivan parked out front, or almost any three-row SUV.” [marmer, commenting on Houston Home Listing Photo of the Day: The Commute from Home]

06/12/12 11:12am

The letters on the totem sign for the former Alabama Theater at the corner of S. Shepherd and West Alabama went back up yesterday. The letters were taken down late last month; they’ve since been painted and had the neon lights hiding behind them replaced. The gutted theater will soon be showing a Trader Joe’s, but the sign still spells “Alabama.”

Photos: Amanda Andriola (top), Weingarten Realty (bottom)