WHAT LANDLORDS HAVE OUSTED THE MOST TENANTS AFTER HARVEY, AND OTHER POST-DILUVIAN EVICTION FACTS
Since Harvey, the odds of tenants beating their eviction lawsuits have doubled. But their chances are still pretty slim: landlords win 94% of the time (down 3.73% since August), notes Houston data analyst Jeff Reichman. His recent report on citywide eviction trends after the storm features a ranking of which landlords have kicked out the most tenants. (Although that accounting also includes owners of storage rental facilities.) Also in the report: a map (a preview of which is included above) showing post-storm eviction density by address, an analysis of the time it takes for evictions to get through Houston’s court system (an average of 20 days), and the months during which the most evictions have historically occurred (January, with subsequent high volume between June and August). [January Advisors] Map of evictions after Harvey: January Advisors
HOW SOME BIG INVESTMENT FIRMS ARE READYING HOUSTON FOR THE NEXT FLOOD
Whether homes flooded by Harvey are sold to investors or not makes a big difference, argue the Chronicle’s David Hunn and Matt Dempsey. For one thing, a sale closes the door to a county buyout — which often takes much longer to complete than a private purchase. Since Harvey, the reporters note, 88 houses Harris County had hoped to buy and demolish have already been snatched up by private parties, often for rehab and rental. Investment firms, by the writers’ count, have bought about 150 Harvey-flooded homes so far. Since about 2013, larger firms have been bundling rental homes in order to “sell the securities on Wall Street as a way to borrow money, fueling the purchase of even more homes.” But by maintaining the supply of floodable housing, Harris County Flood Control District’s Matt Zeve tells the writers, “All we’re doing is perpetuating a cycle of flooding.” At a national scale, according to university researchers quoted by Hunn and Dempsey, “rent-backed loans are already exhibiting characteristics of mortgage-backed securities” — the keynotes of the 2008 U.S. financial mess: “they’ve transferred the risk of default to taxpayers, stockholders and investors.” But investors seeking info about such rent bundles may be hard-pressed to get it: “While U.S. securities laws require funds to disclose significant risks about their investments, there are no specific requirements regarding flooded homes.” Hunn and Dempsey’s review of documents put out by public companies invested in flooded Houston houses shows that few of them, “if any,” have voluntarily told shareholders that they own such assets. [Houston Chronicle ($)] Photo of Harvey cleanup in Bellaire: Russell Hancock via Swamplot Flickr Pool
WHAT’S INCLUDED IN JOHNNY STEELE DOG PARK’S FLOOD-INDUCED REDO
The caretakers of that oft-flooded pet park near Buffalo Bayou now say that “After careful consideration, we are making changes to the Johnny Steele Dog Park to improve maintenance operations and the park’s functionality.” Among those changes: getting rid of the pond in the large dog play area, rerouting the pond in the small dog area so that it flows through both sections, adding a “new seating wall” at the edge of the water, expanding the lawns throughout the park, enlarging the entrance to the large dog area, and creating a new entrance to the small dog area — all of which is expected to be done by early summer. [Previously on Swamplot] Photo: Buffalo Bayou Partnership
AFTER HARVEY, WILL KINGWOOD PROPERTY TAXES BE ENOUGH TO FUND A NEW EVACUATION ROUTE?
What would it take to turn Northpark Dr. into an all-weather evacuation route for Kingwood? “We’re going to have to bring it up out of that [floodplain],” TIRZ 10 consultant Ralph De Leon tells the Chronicle‘s Melainie Feuk, “which means the road’s going to have to come up.” The goal: “In a Harvey-like event, the road will still be passable and you can move people from the back of Kingwood to 69,” says city councilmember Dave Martin. TIRZ 10 had planned to issue bonds to fund a mile-and-a quarter segment of the project — between Russell Palmer Rd. and the Eastex Fwy. — but hit a snag. “Our big holdup,” TIRZ chairman Stan Sarman now says, “is waiting to see what’s going to happen to the appraised value.” Still in the works: the TIRZ’s funding application for the other portion of the road — east to Woodland Hills Dr. — which it plans to send in to the Houston Galveston Area Council sometime between June and July. [Houston Chronicle] Map of Northpark Dr. between Eastex Fwy. and Woodland Hills Dr.: Houston City Council
A LAWSUIT OVER RIVERSTONE’S VANISHED LEVEE
More than 400 residents of Fort Bend County’s Riverstone development — between Hwy. 6 and the Brazos River — are suing the engineering firm that designed their stormwater systems, alleging that the design left one portion of the community flooded by the runoff from the other during Harvey. The roughly 3,700-acre area is divided into 2 Levee Improvement Districts — LID 19 (shaded blue on the map) and 15. “It became very clear when we passed into LID 15 that something was not right,” one LID 19 homeowner said in a press conference. “We were inundated with water in our neighborhood, and just on the other side of the street everything seemed to be perfectly fine.” Both LIDs were designed by Costello, Inc. the company founded by Houston’s flood czar Steve Costello. (He’s said he divested from it in 2015.) That firm’s failure to consider what would happen when a levee that ran between the 2 districts — along Hagerson Rd. — was removed is what downstreamers say is to blame for much of their soggy state. In total, reports the Chronicle’s Rebecca Elliott, about a third of the 1,760 homes in LID 19 flooded. [Houston Chronicle] Map of Riverstone LIDs 15 and 19: Riverstone LIDs
Everyone likes a good comeback story: 2 N. Braeswood houses a few doors down from the West Loop are rising above their floody circumstances with the help of wood-framed columns placed below their foundations. The photos above show 4718 N. Braeswood, just outside the West Loop, lifted on stilts months after Hurricane Harvey showered it with attention. The house’s chimney has been removed, leaving a gap in its street-facing facade.
Two doors down, 4710 N. Braeswood now sits at a similar elevation:
THE BATS OF WAUGH DR. HAVE MOVED DEEPER INTO MONTROSE
During Hurricane Harvey, Buffalo Bayou rose above the Waugh Dr. bridge, killing off some of the 300,000 Mexican free-tailed bats that lived there. Others have found new residences: “Some of the surviving bats have relocated to nearby buildings. Just take a sniff in any of the multi-floored parking garages lining the streets around the bayou, and you’ll smell their pungent droppings.” Now, Maggie Gordon writes, “In addition to a swarm of winged mammals flying out from beneath the bridge, smaller populations exit from nearby buildings. They join up with the bats from the bridge during their hunt, then return to their new homes for the night, before repeating the same cycle the next day.” [Houston Chronicle] Video: Ihadatt
WHAT IT TAKES TO JACK A HOUSE “Adam Bakir, a Houston builder and remodeler, does one or two home elevations a year. The job is akin to major surgery. Workers tunnel under the house, Bakir said, then raise the whole thing on jacks—the slab and the house that rests on it. Since Harvey, Bakir has received more than 20 inquiries about home elevation. If potential customers ask for a cost estimate, he’ll tell them: between about $75 and $100 per square foot. ‘If you have a 2,500-square-foot house, which is typical,’ he said, ‘the upper end of it would be about $250,000. The lower end, around $180,000.‘” [CityLab] Photo: Arkitektura Development
COMMENT OF THE DAY: THE ONLY MACKIE AND KAMRATH HOMES LEFT ON THE TIEL WAY LOOP “. . . My husband and I drove around Tiel Way after the storm to check on all the MacKie and Kamraths. There were several homes on the street that flooded — and not just by a few inches but into their second levels. One of the things that make the Kamraths of this era (and really, many high-end midcentury homes) so gorgeous and unique is the abundant use of wood panels for all walls, doors, built-in storage cabinets and seating — everything. But it also makes them particularly expensive and hard to fix after extensive water damage.
As Swamplot reported earlier this year, the home at 2 Tiel Way was bought with the intention to restore but had so much termite and water damage it would have cost double to restore compared to a full rebuild price. So that’s what they are doing: rebuilding the same house. . . . It’s a controversial choice but in my opinion it’s the best architectural conservation alternative to demolition. But not everyone has the resources to undertake something like a full architectural rebuild. So while the demo of this house, one of Kamrath’s finest, is certainly a punch in the gut . . . I get it. They probably would have saved it if they could.
Tiel Way was the last concentration of MacKie and Kamrath’s great residential works, at one point having 7 homes on the loop. After this demolition we will be down to 2.5: the Gold Brick–awarded restoration at 67 Tiel Way (which thankfully, did not appear to have Harvey flooding issues), Kamrath’s own residence at 8 Tiel Way (definitely flooded, but appears to be safe at the moment), and the rebuild currently in progress at 2 Tiel Way.
48 Tiel Way won’t be the only midcentury treasure lost to Harvey, but it’s certainly one of the saddest to see go.” [Rabbit, commenting on Daily Demolition Report: Tiel Repeal; previously on Swamplot] Photo of 48 Tiel Way: HAR
COMMENT OF THE DAY: WHAT FLOODING ON THE WEST SIDE TOOK AWAY “Homes underwater for extended periods can be rebuilt, as long as they were not subjected to currents sufficient to cause major structural damage or foundation scour. They just take longer to dry out (ours took over a month).
Like Local Planner said, in many of the flooded neighborhoods north of the bayou, original-condition homes had basically no value before the flood (i.e. they were being sold for lot value and torn down). The process is indeed accelerating, with new builds being elevated à la Bellaire and Meyerland.
The big question mark for me is how much of a market there’ll be for $1+ million new homes in a potentially flood-prone area (even if your elevated home doesn’t flood during the next big one, you’d likely lose the cars in your non-elevated garage and need to be evac’d by boat). The market was soft in the Energy Corridor even before the flood. A new supply of high-end homes doesn’t automatically beget demand. Hopefully the new MD Anderson complex in the area will help (and potentially spur further diversification of employment in the Energy Corridor beyond oil and gas).” [Grant, commenting on Daily Demolition Report: Memorial Glint] Illustration: Lulu