COMMENT OF THE DAY: JUST TO DRAG A SHUTTLE MOCKUP INTO HOUSTON “. . . I contacted the JSC’s PAO Office and found out that it was originally due here on March 10th but an area from the channel to JSC’s dock would have to be dredged in order to accommodate the tug pushing the barge. Current estimates have pushed the delivery time to some time in July. . . . I feel that the mock-up coming to JSC is a ray of hope on an otherwise bleak future. . . .” [Neal_K, commenting on Space Center Houston Getting KSC Space Shuttle Mockup Hand-Me-Down, Compartment Trainer, New Building]
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COMMENT OF THE DAY: THE NATURAL WAY TO UPDATE YOUR HOME “Oh, I don’t know . . . wait just 20 years, and wood panelling will be right back into fashion, and wood floors out of fashion. The house just needs to be a little patient.” [Angeli Wahlstedt, commenting on Bayou-Side 1964 Meadowcreek Mod Features Built-in Catalog of Wood Paneling]
COMMENT OF THE DAY: THE RARE MONTROSE BLOCK “Whatever happens to this property will be of little consequence to the rest of Westhiemer in Montrose. As noted above, this lot is a rare bird for Westheimer as, with the exception of the JITBox pad, it encompasses the entire block. Almost very other lot from Shep to midtown on Westheimer is split with residential lots behind the commercial lots that front Westheimer. Unless you can buy out a block of single family homeowners, you will never have another chance to build on a complete block like on this lot. Thus, whether it is a high rise, mid rise, or low rise mixed use or Walmart, it will not mean that the rest of the neighborhood will be likely to follow suit. I do not think that a high rise will go in because the capital markets are still risk adverse and would prefer something that will go up faster and provide a safer and faster return. Look for another 4-6 story apartment complex, hopefully with some ground floor retail. If the JITBox is an issue, it may end up staying a strip mall. There are plenty of people in town who could make a quick buck by sprucing it up and filling it with the usual junk. This is Houston afterall. Expect the worst, hope for something slightly better.” [Old School, commenting on Big Block on the Corner of Westheimer and Montrose Goes Up for Sale]
COMMENT OF THE DAY: THE LURE OF THE NOT SO COMPLEX APARTMENT “I’ve personally lived in all types of Montrose apartments — funky one-bedrooms, duplexes, town homes, and anthills. While the charm is nice, the real amenity older stock apartments offer is proximity to the street. Many of the big complexes are difficult to navigate and make it almost impossible for visitors to get to you. I would gladly live in a big complex if it took the same amount of time to get from my door to the street as my current place.” [paulbtucker, commenting on Comment of the Day: Funky Montrose Apartments Are in High Demand]
COMMENT OF THE DAY: FUNKY MONTROSE APARTMENTS ARE IN HIGH DEMAND “Here’s what I am seeing in Montrose this year and last year: Every nice garage apartment, side-by-side duplex, fourplex, etc brings on multiple applicants. (Sometimes renting for more than the stated price.) With several to choose from, the Landlord’s pick will have excellent credit and high income — a lot higher than you would expect for say a garage apartment. These tenants could afford to live in those shiny new apartment complexes. Easily. But they don’t want to. They want to live in the neighborhood, on a residential street. This doesn’t apply to every tenant — obviously there are more who want to live in the beehive. But the demand for funky old Montrose housing isn’t diminishing — It is tighter than ever.” [Harold Mandell, commenting on The Coming Flood of New River Oaks-Area Apartments in Montrose]
COMMENT OF THE DAY: LIVE HUMBLY, THEN CASH OUT “. . . Best success I’ve seen is those who buy cheapest house in a bling neighborhood. Live humbly, leisure frequent, maybe do a little renting later, then sell the land to guy who wants to tear it down for his monstrosity. Relax with your new found cash. Kind of like buying a brand new car . . . why do it? Let the other guy have the 2-week splendor of bragging of the brand-new car he just bought. I’ll take the car with 6k miles for 8k less and the same warranty.” [drew, commenting on Comment of the Day: When I Hear the Word ‘Culture,’ I Reach for My Wallet]
COMMENT OF THE DAY: WHEN I HEAR THE WORD ‘CULTURE,’ I REACH FOR MY WALLET “i just wish i could base all my purchases off rigorous aesthetic and historical trends rather than the underlying economics and my base financial well-being. everyone has their personal priorities and should have the right to cater to those priorities as they see fit. as for me, i fully intend on buying the cheapest and most efficient/utilitarian townhome to fit mine and my families needs, which is of course guaranteed to be ugly and of shoddy construction. if i choose to defer proper maintenance on it for 40yrs in exchange for a well-funded roth IRA and 401k, is that really so morally reprehensible (especially after what the boomers are doing to this countries finances)? on the positive side, in 40yrs time a much better and more efficient home will be built making all those aesthetically pleasing and expensive townhomes of current years look out of place, again.” [joel, commenting on Daily Demolition Report: Apartment Hunters]
COMMENT OF THE DAY: THE REPLACEMENTS “I happen to live in a 3-story townhouse and love it. There are plenty of older homes, 4-plexes in my neighborhood too, but yes, it’s basically becoming a 3-/4-story townhouse haven. While many people speak about the “history†of Houston in these homes, I find many of them to be dilapidated and run down (not all, of course). So, I see no reason to enjoy keeping up decrepit structures that 1) need to be remodeled or 2) demo’d. Don’t fool yourself — not everything that is old is built to last or of quality craftsmenship. There are a lot of cheap townhouses being put up, but there are also some very nice ones out there (including mine). Also, what’s the deal with everybody hating stucco? What makes ugly brick feel full of life and warm? . . .” [Fernando, commenting on Daily Demolition Report: Apartment Hunters]
COMMENT OF THE DAY: INVASION OF THE CAR SNATCHERS “It’s a mystery to me who lives in these new construction [townhomes]. I make considerably more money than the average wage earner in Houston, and I sure don’t live in one. Look at The Fink and then look at the monstrocity next to it, with the huge a/c unit in front, constantly kicking on and off. I think pod people live in those things and they keep their pods there. Think about it . . . do you ever really see someone who lives in those kinds of townhomes? You may occasionally see the huge garage door open and shut, but never see the people.” [Darogr, commenting on Daily Demolition Report: Apartment Hunters]
COMMENT OF THE DAY: KEEP THOSE TRAINS MOVING BY MY HOUSE, PLEASE “This is a great photo of the cars that Union Pacific parks behind our neighborhood on a constant basis. I’ve been fighting them for 1 1/2 years now about leaving running refrigerated cars there overnight. Those suckers are LOUD. Yeah, I understand the track was there way before my house but we didn’t have this problem until UP started using it as a delivery point for a local distributor 2 years ago. Miserable sleep for 10 households just so UP can save a few bucks. When the cars aren’t running, I actually enjoy the constant change of scenery. We’ve seen some pretty interesting stuff back there.” [JenBen00, commenting on Headlines: Affordable Housing Demos; Young Houston]
COMMENT OF THE DAY: ABOUT THAT 35-STORY TOWER ABOUT TO GO UP DOWN THE STREET “I need some opinions. A friend of mine owns a patio home on W Alabama next to this site. Will this help or hurt her property value? There’s a one acre tract between this development and hers, and we don’t know what it’s going to be. I figure it might help her value because it will be near retail and probably a restaurant or two, but who knows?” [Bill, commenting on First Sign of the 35-Story Apartment Tower Coming to Weslayan and West Alabama]
COMMENT OF THE DAY: WHERE TO PICK UP 20 TONS OF ABE 
“Hey, now you can buy your own David Adickes Presidential sculpture! Its listed on ebay.com. Check out ebay listing #180818753008.” [ck, commenting on So We Put Our Heads Together and Decided To Take Presidents Day Off]
COMMENT OF THE DAY: MAKING HOUSTON HISTORY “that IS history, and a culture. it may not work in most parts, but some people see it as a progressive sign that we are not willing to be bound to what worked 100, 50, and sometimes 20 years ago . . . that in Houston, if it ain’t perfect or up to snuff, knock it down and make it so.” [HTX REZ, commenting on Daily Demolition Report: The Best a Demo Can Get]
COMMENT OF THE DAY: WE JUST RUN THE NUMBERS “If you dig a bit deeper into the Milhaus proformas, what the developer is REALLY saying is that there won’t be retail because: 1. lenders don’t like it; 2. buyers don’t like it; 3. adding retail reduces my return on cost somewhat; AND 4. mostly because of #1 and #2, it kills my numbers. If you look at the overall return on cost (NOI/cost) you get 7.7% return on cost with retail vs 8.7% return on cost without retail. That’s a substantial difference, but not eye popping. If the Midtown TIRZ really wanted some retail in the deal, they could easily toss Millhaus a bone and bridge this 100 basis point gap with ease. The real problem, at least according to Millhaus (not that I disagree), is that the lenders and buyers treat mixed use differently. In the example comparison, Millhaus assumes the non-retail deal gets a permanent loan underwrittien to 1.25 DSC [debt service coverage] vs 1.30 DSC for the with-retail deal. This means a larger permanent loan upon completion for the no-retail deal (more cash in Millhaus pocket). He’s assuming lenders will get more aggressive on a apartments-only deal. He also thinks his eventual buyer will prefer a non-retail deal. He calculates the as-completed value using a 7.00% cap rate for the non-retail project, but uses a 7.25% cap rate for apartments+retail project. What he’s really saying is, ‘Don’t blame me for not including retail in my development. Blame the lenders and buyers.’†[Bernard, commenting on Nixing Milhaus Retail: Why These New Midtown Apartments Won’t Have Shops on the Ground Floor]
COMMENT OF THE DAY: BUT A SPOONFUL OF SUGAR WILL HELP THE HISTORY GO DOWN “If you won’t drink coffee at the former Mary’s building, then you probably don’t want to know what went on at The Empire Cafe, when it was known as The Locker.” [Darogr, commenting on Restored Mary’s Mural on Westheimer Painted Over Again]