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  1. Johnnyrocket891

    Pinnacle at Central Wharf (Harbor Garage) | 70 East India Row | Waterfront | Downtown

    Every business structure is different and most business's today are structured in LLC, Trusts, Partnerships and corporations based on tax and liability issues. My point is you don't know or either does anybody else.
  2. Johnnyrocket891

    Pinnacle at Central Wharf (Harbor Garage) | 70 East India Row | Waterfront | Downtown

    This comment. Most land, developments or corporations usually fall under trusts, LLC or partnership agreements. The actual owner would never own anything. Its all in trusts to protect individuals from liability. You will never know who actually owns the properties or business's even if...
  3. Johnnyrocket891

    Pinnacle at Central Wharf (Harbor Garage) | 70 East India Row | Waterfront | Downtown

    Something tells me that those people don't care if the garage ever gets developed. The real problem is the Aquarium executive branch they have fiduciary duty to the public taxpayers to do what is best for the city of Boston. The developer has come up with a valid solution for the site. The...
  4. Johnnyrocket891

    Pinnacle at Central Wharf (Harbor Garage) | 70 East India Row | Waterfront | Downtown

    I can't believe the Aquarium management makes 100,000's dollars a year and thinks this is okay. Where are the animal activists concerning this. Zoo's and Aquariums should only be open to sick or wounded animals that would not be able to survive the wilderness. The rest should be let go...
  5. Johnnyrocket891

    Pinnacle at Central Wharf (Harbor Garage) | 70 East India Row | Waterfront | Downtown

    I just listened to this-- https://northendwaterfront.com/2020/09/save-bostons-waterfront-voices-opposition-to-chiofaros-pinnacle-residents-association-drafts-letter-in-response-to-project-proposal/ The comments are horrifying from the Aquarium-- Erik Krauss and other members against the...
  6. Johnnyrocket891

    Pinnacle at Central Wharf (Harbor Garage) | 70 East India Row | Waterfront | Downtown

    These issues are lunacy- #1 Affordability- is not builder's problem. Do you even want to go there on those issues? #2 Traffic- This problem is the entire surrounding city of Boston. If anything the development being developed in the core of the city right on the blue line MBTA transit will...
  7. Johnnyrocket891

    Pinnacle at Central Wharf (Harbor Garage) | 70 East India Row | Waterfront | Downtown

    Build affordable apartments Build a new park No Traffic No Wind No Shadows Not to high Not to wide Lawsuits Free parking for Harbor Towers Move the mechanicals Chap 91 law acts like this is open space. Anything Else? The way the inner cities like Seattle, Portland, LA, Baltimore, NYC, San...
  8. Johnnyrocket891

    Pinnacle at Central Wharf (Harbor Garage) | 70 East India Row | Waterfront | Downtown

    What type of question is Affordability? There are 40+ million unemployed Americans. Even if it was possible to slash the condos 75% of market rate ---85% of most working Americans would not be able to afford these condos along with the developer never being able to build based on Govt...
  9. Johnnyrocket891

    NYC Architecture and Development

    New York City is dead forever By James Altucher August 17, 2020 | 4:16pm | Updated https://nypost.com/2020/08/17/nyc-is-dead-forever-heres-why-james-altucher/ Very disturbing piece written in the NYPost. I just don't understand how all this could collapsed in 5 months after 12 years of an...
  10. Johnnyrocket891

    NYC Architecture and Development

    How can you go from the most expensive city 6 months ago to this? New York City Faces Toughest Fiscal Crisis Since the 1970s Alarmed by the steep budget shortfall, the governor has asserted greater control over the board overseeing city finances New York City faces a $9 billion deficit...
  11. Johnnyrocket891

    College Towns Post-COVID

    Real Estate in Cambridge and Somerville could drop 50% and most Americans would still be priced out of the real estate market in the area. It's amazing that these areas are so diverse and gentrified but so unaffordable for most Americans.
  12. Johnnyrocket891

    NYC Architecture and Development

    I found this written piece on Yahoo interesting. U.S. Real Estate Pain Leaves Foreign Investors Holding the Bag Patrick Clark Bloomberg•August 28, 2020 (Bloomberg) -- Foreign investors who backed real estate projects in return for U.S. visas are emerging as losers in the pandemic-driven...
  13. Johnnyrocket891

    Post-COVID Urbanism Discussion

    It seems that Boston is in a debt bubble like the rest of the US cities and that is why a 5 month pandemic has basically crippled our economic engine. Did 1957 pandemic cripple the United States economy? My family said they don't even remember this...
  14. Johnnyrocket891

    College Towns Post-COVID

    I'm wondering - Why would anybody spend $100,000 or $200,000 for a 4 year- degree when you can learn most basic things on Youtube at this point.
  15. Johnnyrocket891

    Post-COVID Urbanism Discussion

    Not yet. The problem is the so called Boston economy is built on nothing more than a pile of sand. If it wasn't for the Fed buying tens of trillions in worthless bonds the Seaport would have already sunk into the ocean of leveraged debt. Boston landlords will have to adjust to lower rents in...
  16. Johnnyrocket891

    Post-COVID Urbanism Discussion

    Once the Govt checks run out--- what do you think is going to happen in the inner cities?
  17. Johnnyrocket891

    Winthrop Center | 115 Winthrop Square | Financial District

    If Condo prices were able to drop to more affordable price points I'm sure there would be plenty of demand for condo living in the city.
  18. Johnnyrocket891

    Winthrop Center | 115 Winthrop Square | Financial District

    Just saw this advertised on Loopnet. https://www.loopnet.com/Listing/115-Federal-St-Boston-MA/14770582/ If I was the financier or an investor of this building I would be worried that the developer is advertising for anchor tenant on loopnet . It would be one thing for small sf-footage but...
  19. Johnnyrocket891

    Encore Boston Harbor Casino | 1 Broadway | Everett

    sounds like a blast hanging out on the escalators. Hopefully the casino can generate revenue for escalator riding. Just curious how do you know if the people were regular Everett local people if everybody was social distancing?
  20. Johnnyrocket891

    Encore Boston Harbor Casino | 1 Broadway | Everett

    I'm not sure about Encore making this. The bond holders are going to have to take a hit. 40Million unemployed (society is in survival mode besides the rich) The majority of rich people really don't waste their time gambling. There is a change in the mindset of American Humanity going on...

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