10/22/14 2:30pm

COMMENT OF THE DAY: WHAT I SHOULD HAVE SAID ABOUT STRAKE JESUIT Suburban Bubble“If people want to self-segregate and move somewhere like The Woodlands, great. I’m glad they are free to do that. What I don’t understand is the myopia that self-segregation can create, when people forget that anyone would ever value anything else over clean and shiny (and white) suburbs. An example of what bothers me so much: I was leaving a Strake Jesuit football game earlier this year, and a Woodlands dad and I fell into conversation on the way out. He commented “this is such a great campus. Too bad it’s in this neighborhood.” As a SJ parent, I didn’t have any choice but to answer him politely, so I murmured something about how the lower property costs made it possible for the school to buy more land to improve and expand. But in reality, I was just incensed by his comments — still am, actually. What, a working class neighborhood doesn’t deserve something nice like a private school campus in it? The school has nothing to offer the neighborhood, and vice versa? The neighborhood has less value in absolute terms because it’s not wealthy, or aesthetically pleasing? What is it about living somewhere like The Woodlands that changes the way a person thinks, that they can look at the (abundant) life going on outside their clean little bubble and not recognize its value? I don’t have an answer to this question — it just bothers me an awful lot.” [Vonnegan, commenting on How The Woodlands Has Gone Astray; A Suitable Houston Honor for the Inventor of Air Conditioning] Illustration: Lulu

10/15/14 3:00pm

COMMENT OF THE DAY: THE BEAUTY OF THE FAMILY SEDAN Hot New Camry Sedan“The perceived blandness of modern office buildings has nothing to do with the lack of vision or enthusiasm of developers, it has to do with where the money comes from today. Decades ago there were eccentric millionaires and corporations with money to burn on monuments of their own egos, but these days money only comes from carefully calculated, vetted, reexamined, audited, and risk assessed finance packages. Throw in a healthy dose of anti-wealth and anti-corporate profit sentiment in the US and you have the real estate equivalent of a Toyota Camry — simple, functional, non-offensive, and very forgettable.” [commonsense, commenting on New Spec Office Building on Montrose Blvd. Will Sit Atop Southwest Fwy. Wall Vines] Illustration: Lulu

10/09/14 4:00pm

COMMENT OF THE DAY: TERRAZZO FOR FLIPPERS TerrazzoPoured terrazzo floors like those in that house are nowadays so astronomically expensive that the only new residential construction they are seen in today are high-end, architect-designed custom homes built for extremely wealthy people. I wonder if people who replace poured terrazzo floors with hardwood, travertine, or whatever realize that they are discarding something very expensive for something much cheaper. It even makes business sense. Even flippers could increase their profit margin if instead of replacing terrazzo, they just educated their buyers about how valuable these floors are. (Things that are revealed to be rare, expensive, and hard to replace have a way of magically becoming very attractive).” [august15, commenting on This Not-Screwed-Up-Yet Meyerland Ranch Mod, in Almost Original Condition, Is Available for $460K] Illustration: Lulu

10/08/14 1:30pm

COMMENT OF THE DAY: ONE WEIRD TRICK TO AVOID VALET PARKING Motorcycle Wheel“Oh, and if you want to valet your car for free, ride a motorcycle; most valet services aren’t insured to park motorcycles, and they’ll tell you to park over there (really close, but out of their way). Try to toss them the keys and they won’t accept them. So yeah, motorcycle means you can go to places like this that practically force valet, and park right up close. This requires a motorcycle and usually all the accouterments that come along with it though, but I’ve never had someone tell me to go park somewhere else. Basically, if I know it’s valet, I ride, if it’s self park, I’ll usually just drive.” [toasty, commenting on New Galleria-Area H-E-B Will Feature an In-House Restaurant; Behind the Movement for a Swimming Hole in Houston] Illustration: Lulu

10/03/14 3:45pm

COMMENT OF THE DAY RUNNER-UP: WHAT IF THEY HAD KEPT HOUSTON HOUSTON BACK THEN, TOO? Freeway Billboards“I hate watching this complacency about Houston’s problems. Yeah, we’re not like Boston or San Jose, and in some ways that’s good, but there is a lot we can do to get better without losing some sort of the mystical ‘Houstonness’ that makes us special. To those marveling at how great and ‘vibrant’ Houston’s flaws are, would you like to go back to 1980 when billboards were three times more crowded along our freeways? Would you like to rip out all the trees that have been planted along those same freeways? Would you like to remove the historic restrictions in the Heights and Sixth Ward and watch those neighborhoods turn into Rice Military? Do you want to see another giant revolving gas station sign atop a downtown skyscraper? Shall we return Hermann Park to its former scraggly state, or put the sewage back in Buffalo Bayou? If the answer to these questions is ‘No,’ then you must not be a fan of ‘Keeping Houston Houston,’ because before all that happened, Houston was a lot more ‘Houston’ than it is now. I would argue that the way it is now is a vast improvement, and that we should keep going in that direction.” [Mike, commenting on Comment of the Day: Still Waiting To See How Houston Is Going To Turn Out] Illustration: Lulu

10/03/14 2:45pm

COMMENT OF THE DAY: THE REAL HOUSTON IS OUTSIDE THOSE TINY URBAN ISLANDS Parking in Strip Center“Urban enthusiasts live in a bubble. I don’t care where they are. The reality is that the VAST majority of people like getting in a private air conditioned car, driving to an island of shopping or whatever and finding a parking space closest to where they are going without being bothered by street people. Urban enthusiasts are under the delusion that most people want to walk around in sticky moist air and sit at their desk stinking all day from sweat in order to pretend they live in a city that was built before cars were invented so they can live like the people they envy on t.v. A dense urban environment in the inner city would be a novelty and I’m all for it. Choices are great. Downtown and Midtown are shaping up nicely. The center of Midtown is going to have a very cool buzz going on with all the new infill. The Match, Superblock, Mid-Main development, etc. East side Downtown is going to be a beast and so will Market Square. But as cool as it may be to have a tiny, tiny, microscopic sliver of New York in the center of this city, it is totally unnecessary. Our booms have proven that. The VAST majority don’t have a problem with strip malls, blue glass or driving cars to get where they want to go. The VAST majority stay in Houston because they WANT to live in a suburban environment. Jobs? There are jobs in other cities. No one stays in Houston long if they really hate it. You can’t argue with success. Builders keep building things the way they do in Houston because it works. ‘Quality’ is subjective. Some people think Miley Cyrus is quality. But you can’t argue with ‘quantity.’ Houston is fascinating to people (even the haters) because whatever it is, unlike many of those true centers of urbanity on the east and west coast, Houston IS NOT stagnant. Even in slower economic times, things happen in Houston and it is fun watching it grow.” [Blue Dog, commenting on Comment of the Day: Still Waiting To See How Houston Is Going To Turn Out] Illustration: Lulu

10/01/14 4:15pm

COMMENT OF THE DAY: STILL WAITING TO SEE HOW HOUSTON IS GOING TO TURN OUT Hand Drawing Houston“I used to groan and grouch about Houston’s ugly sprawl and wished that the city would be more like its culturally and aesthetically superior East and West Coast brethren. But with all the recent growth, I have come to realize that Houston is really a blank canvas, despite being home to over 6 million people and sprawling out for 30-40 miles in every direction. NY, Boston and San Fran are what they are. They will have to spend more energy just on maintaining quality of life and do not have much of an opportunity to become something new and better. But in Houston, the next ten years will be transformational. While there are never any guarantees in a city that is subject to the boom and bust cycles of the oil industry, I would take living in Houston over any other great US metropolis just for the chance to see the transformation take place.” [Old School, commenting on Comment of the Day: Top Houston Punch Lines] Illustration: Lulu

09/30/14 4:15pm

COMMENT OF THE DAY: TOP HOUSTON PUNCH LINES Laughing Monkey“If an out-of-towner wanted to make fun of Houston, there are a multitude of easier targets than the Rothko Chapel. Just the drive in from the airport on I-45 will give any out-of-towner loads of risible material.” [Robert Boyd, commenting on Sniffing Out the Subtle Secrets of the Rothko Chapel] Illustration: Lulu

09/26/14 12:00pm

COMMENT OF THE DAY: WE’RE NOWHERE NEAR PEAK MONTROSE Not at the Peak“I don’t think we’re anywhere close to the peak of property values in Montrose. You can still get an older 1,500 square foot townhome in the area for under $250,000. The average price for a bigger (~2,500sf) recent construction townhome is probably around $600,000. Those prices would be laughably low in comparable neighborhoods in most cities. Gentrification doesn’t really stop halfway like that barring a major economic downturn — once the ball starts rolling like this it just keeps going until the whole neighborhood is gleaming and wealthy. If you think Montrose has reached that point yet, you’re wrong. A fully gentrified urban neighborhood doesn’t have horrible apartment complexes like Takara So or vacant lots and skeazy strip centers on its main commercial street. Gentrification isn’t going to stop in Montrose until you can’t get a new townhome for less than a million or an apartment for less than $1,400.” [Christian, commenting on Gibbs Boats on West Gray and Montrose Is Selling Everything Now] Illustration: Lulu

09/26/14 11:00am

COMMENT OF THE DAY RUNNER-UP: HOW TO POSITION YOUR INNER LOOP INVESTMENT BUSINESS FOR THE COMING DOWNTURN Bursting Bubble“Cody, yeah I agree with you. If this isn’t the top of a market cycle, it’s damn close. If you bought low, now is the time to sell high. And do it without regret because you’ll never go broke by profit-taking. But even more than your Montrose assets, sell the stuff that you’ve got that is further east. In a downturn, there will be a flight to asset quality both on the part of capital markets and tenants. Montrose values will go down, but Greater Third Ward be much more volatile. Use some of the proceeds to short high-yield bonds, use the remainder to reposition your outfit as an apartment management company. No matter how bad things get, there will always be a need for management companies, and this gives you a way to maintain the continuity of your career and to keep your ear to the ground. Then, in the worst of the down-cycle, while most everybody else is paralyzed and some are distressed sellers, you’ll have cash (hopefully a LOT of cash if that short position plays out for you the way I think that it might), a company, and a resume. And when my prediction pans out and you’re fantastically successful, don’t forget whose crystal ball made it possible. I might need a job by then.” [TheNiche, commenting on Gibbs Boats on West Gray and Montrose Is Selling Everything Now] Illustration: Lulu

09/25/14 12:00pm

COMMENT OF THE DAY: ODE TO THE SOUTHEAST LINE CLEARANCE TESTING REGIMEN Drawing of Light Rail Car, Houston“9:53 pm and I can hear the hollow, electronic train horn from my study window, the sad woot of the empty car. Despite the fact that I cannot ride the Metro train, it runs. Past me on my morning commute, it runs. Stopping traffic for 10 minutes on my way home. Always, it runs.” [crunch, commenting on Why Metro Trains Are Already Rolling Around UH] Illustration: Lulu

09/22/14 1:00pm

COMMENT OF THE DAY: HOUSTON HAS NO TIME FOR THE PAST Running ManHoustonians do not look back at the past. They are so intent upon running into the future at break-neck speed that any glance into the past could lead to a disastrous fall. I will have you know that they are running with scissors.” [Bubba, commenting on The Real Estate Secrets Buried Around Market Square] Illustration: Lulu

09/18/14 12:30pm

COMMENT OF THE DAY: BUYERS WILL BE COMING TO SCOOP UP YOUR ENTIRE CONDO COMPLEX Condo Prospecting“I don’t know how it went for Park Memorial, but with these Post Oak Townhomes only some number deemed the majority had to approve it, and the hearsay is that there was a lot of misery and gnashing of teeth by those who did not want to sell. I am surprised there was not more media chatter about the sale of this complex. To me, it seemed flat out REMARKABLE that you could get even half to agree in a complex of that size. A big story + a harbinger of the future for aging condos.” [Harold Mandell, commenting on The End of the Post Oak Park Townhomes] Illustration: Lulu

09/17/14 1:30pm

COMMENT OF THE DAY: SAMPLING NEIGHBORHOOD GRASSES Barefoot in the Grass“Next time you’re out walking your neighborhood, try playing ‘guess the grass.’ You may be surprised to find that many of your neighbors have fake grass and you never noticed until taking off your sandals and giving it a good rub down with the bottom of your foot. I find I go out of my way to kick off my shoes and ‘sample’ my neighbors’ grass when it looks a little too manicured and beautiful. I’m always surprised when I touch it and it turns out to be fake – this stuff really does look real.” [Brinn, commenting on Yes, Gotta Give ’Em Credit for All the Fake Grass in the Back Yard] Illustration: Lulu

09/16/14 1:30pm

COMMENT OF THE DAY: FULLY QUALIFIED TO BRING YOU BEER BY TRICYCLE WHILE YOU SHOP Whole Foods Market Tricycle“I submitted my résumé for the position. As an expedition touring cyclist I think I’m qualified to make a few rounds within 55k sq. ft. toting clanging bottles of beer. Instead of wearing weather resistant gear I think I’ll gladly don tweed knickers and a driving cap to look the part. Here’s to 1mph in the meat section. Wish me luck Houston. I ride with the wind.” [Rider of Rohan., commenting on Galleria Whole Foods Market Opening November 6, Will Include Austin-Import Beer-on-a-Trike] Illustration: Lulu