A LIFEBOAT FOR THE ROYALTON’S CORRODING CROWN? Judging from court filings, there appears to have been some sort of resolution to the lawsuit filed more than 2 years ago by the condominium association of the 253-unit Royalton at River Oaks highrise over the design of the steel grid at the top of the building at 3333 Allen Pkwy. The lawsuit claimed the structure was corroding and was designed in such away that made maintaining it or recoating it impossible — and sought damages from the building’s contractor, architect, and other parties. The condo association dropped its claims against many of those parties late last month. And a reader wonders if the attachment seen hanging below the structure in the recent photo at left, which “almost looks like a hot tub,” is part of some newly devised cleaning solution. [Prime Property] Photo:Â Swamplot inbox
COMMENT OF THE DAY: ENDING THE GAYWOOD EMBARRASSMENT “As a longtime resident of Gaywood, I can tell you we have had a lot of fun with that name. In fact, I have even entertained making the following motion at one of our homeownersâ€™ association meetings: ‘In order to end the embarrassment we all suffer because of the name of this subdivision, we should remove that offensive, misleading, double-entendre word from the name. Therefore, I propose that we rename our subdivision . . . GayFOREST.’â€ [Scott, commenting on Daily Demolition Report: Capping Haddick]
WATCHING WHERE YOU PARK IN RAINTREE PLACE A resident of Raintree Place received an email complaint from the community’s property owners association approximately 10 minutes after her parked car was spotted in her own driveway. Dianne Josephs, who rents her home, tells the Houston Press she had been loading up her vehicle with clothing and household goods to donate to wildfire victims. Regulations in the private gated neighborhood of 86 lots inside the Loop at 10 South Briar Hollow Ln. between San Felipe and Post Oak Blvd. prohibit residents from leaving cars anywhere other than in their garages or in a few designated visitor spaces. This isn’t Josephs’s first run-in with neighborhood authorities: “Josephs says her neighbor circles the complex several times a day to report open garages and cars parked in driveways. Once, she reported him for having his garage open, and she says he flipped her daughter off with both hands. ‘I wanna buy it [the house], but the people here are so mean!!’ squealed Josephs. ‘They yell at me and say, “You’re nothing but trouble.”…but I question authority. When I think it’s crazy, I question it.'” [Hair Balls] Photo: Raintree Place
A loyal Swamplot tipster alerts us to a copy of a letter that appeared on a neighborhood email list late last week. The letter is signed by Mark Thuesen, president of the condominium association at the 2520 Robinhood at Kirby condos. Loyal Swamplot readers, of course, will recognize that name — Thuesen is one of 3 condo residents named in a lawsuit by the owners of Hans’ Bier Haus, the little outdoorish bar that’s next door to the 16-story Rice Village residential tower. The lawsuit claims that Theusen and 2 others attacked patrons at the bar several times, throwing beer cans, bottles, and eggs at them from above, as well as spraying performing musicians with water.
Unsurprisingly, Thuesen does not specifically mention those allegations in his letter, which we presume is meant for fellow condo residents. But he is kind enough to include a copy of the temporary injunction handed down by Judge Patricia Hancock last week, which specifically prohibits Theusen [sic], 2 codefendants, and all residents of 2520 Robinhood from “throwing any sort of object whatsoever” or “intentionally running or pouring water or any other liquid upon” Hans’ Bier Haus.
Thuesen does, however, draw attention to the now-famous incident on December 13th of last year, in which Hans’ Bier Haus co-owner Bill Cave stormed into the condo lobby and dragged the concierge by his tie into an elevator — on a quest to turn off the water that was spraying onto bar patrons and musicians from a hose connected to the patio of an upper-story condo resident:
COMMENT OF THE DAY: ENDEAVOUR RESCUE PLAN “Original asking prices for the 80 unit tower ranged from $425k to $2.5 million. After all the hype about sales, it looks like the developer was only able to sell 36 units. Now Regions has unloaded 44 units for an average price of $216k plus back taxes and interest. OUCH! And what can we read between the lines of this comment? ‘The group also said it would pay normally budgeted homeowner assessments for 2010 for any condo owner current on their assessments for 2009.’ It sounds to me like MANY of the 36 original buyers are behind on their maintenance fees. Wonmore is trying to incentivize them [to] get current by offering to pay all their fees for 2010??? That sounds like an awfully big incentive? Are they trying to solve an awfully big problem? When condo associations go broke, look out below. . . .” [Bernard, commenting on Wonmore in Bankrupt Endeavour]
The developer of the Mosaic highrise overlooking Hermann Park — a limited partnership between Phillips Development & Realty and publicity-shy Florida Capital Real Estate Group — declared bankruptcy earlier this week to avoid foreclosure on a $71 million loan from Chicago lender Corus Bankshares. Florida Capital, originally the equity partner, will be taking over as the general partner.
The bankruptcy covers just the first Mosaic tower. The second tower, rebranded the Montage, has not yet defaulted on its separate $71 million Corus loan.
So how have sales been going at the Mosaic? It depends, the Houston Business Journal‘s Jennifer Dawson learns, who you ask: