Don Capoccia: Not afraid to do battle
For controversial developer, Toren project is just rewardJune 03, 2008 03:18PM By Gabby Warshawer
Don Capoccia in the sales office of Toren.
For a developer who has often found himself in the hot seat, Don Capoccia has a temperate perspective.
"This
is such aggravating, difficult work on a day-to-day basis that you have
to be passionate about it from the outset," says Capoccia, one-third of
development firm BFC Partners. "You can't waver."
Then again, he has reason to be encouraged.
On
a tour last month through the downtown Brooklyn sales office for Toren,
the latest project BFC Partners has brought to market, the sun
reflected off the glass casing of the model for the 38-story tower
that's being built on Myrtle Avenue.
"We've
been on the market for almost six weeks now," says Capoccia, who notes
the building is selling for $750 a square foot. "Out of 199 market-rate
apartments, we have 32 executed contracts back and 11 out right now."
Capoccia
notes that with 1,300 applications in on the condo's 42 affordable
units, "we're almost a third sold out in a little more than five
weeks."
The
sun appears to shining for Don Capoccia. But that hasn't always been
the case for the developer, who's been in the New York City real estate
game since the early 1980s.
Over
the course of more than two decades, Capoccia has courted controversy
time and again. He has concentrated on emerging areas — the East
Village in the '80s, East Harlem in the '90s and, more recently, the
Williamsburg waterfront and downtown Brooklyn. He's often been on the
receiving end of protests and negative media coverage for things like
bulldozing community gardens on the Lower East Side (think of epic
tenant-landlord battles in the play "Rent") and using non-union labor.
Capoccia, who is openly gay, does not have a history of shying away
from public confrontation. A few years ago, he resigned from a federal
commission that President Bush appointed him to after the president
came out against gay marriage.
And he does not feel like he has much
to apologize for, especially when it comes
to the choices he's made in his development career.
"There
isn't a more anti-development city in the world than New York. Once a
New Yorker gets his or her housing situation worked out, it's
basically, 'F--- everyone else,'" he says. "I think the only thing you
can do is build the best job you can and let the completed project tell
the story."
East Village years
Donald
Capoccia grew up in Rome, N.Y., and moved to the city in the late '70s
to get a master's degree in urban planning at Hunter College. It took
him three years to complete what is typically a two-year program.
Before that, it took him seven years to finish a bachelor's degree.
He
says his entry into the development world was "all very accidental." It
started when he closed on 72-76 East 3rd Street in 1982, properties he
was able to acquire in order to build condos through the city's Dollar
Building Program. Only one hitch: One of those properties, a vacant
lot, was "filled with motorcycle carcasses," care of a Hell's Angels
branch headquartered across the street.
"I
closed on the property and rented a pickup truck, hired 10 or 12 day
laborers and brought a set of bolt cutters. I did not look behind me
because the Hell's Angels were just across the street," says Capoccia.
"I cut the gate and started to drag the stuff out. Had there been a
desire to get in my way, I have no idea whether I'd even be in this
business today."
BFC
Partners, which Capoccia began with the fathers of the two other
principals now at the firm, Joe Ferrara and Brandon Baron, went on to
work on hundreds of units of housing in the East Village and Alphabet
City over the next eight or so years. The majority of BFC's
developments involved affordable components. Capoccia says the company
completed the first New York City Housing Partnership project in the
East Village (Del Este Village on Avenue A and 13th Street) and the
neighborhood's first 80/20 rental building.
Ferrara,
who has been involved in the business since he graduated from college
almost 20 years ago, says that he is typically responsible for
spearheading marketing on projects, while Baron concentrates on
construction issues and Capoccia usually takes the lead in identifying
and selecting development sites.
Jumping Uptown
Over a five-year period beginning in 1996, BFC Partners built close to 1,200 units in East Harlem.
"That
included an important project — at least to us — called Madison Park up
on 120th Street. This was an area that was really a no-man's-land,"
Capoccia recalls. "So we had to design, with our architect, a building
that would attract a market to Harlem that had not been seen for many,
many, many decades, sort of a middle-class buyer who would qualify for
a six-figure share loan."
Capoccia
says he decided to add to his risk by transferring unused FAR from a
parking lot in order to make Madison Park a 128-unit development. In
the end, he notes, "it was an enormous success; there were 2,225
qualified buyers who all wanted in."
He
says BFC now finds itself "priced out" of East Harlem. "The interesting
thing to me was I watched that neighborhood turn around in five years,"
he says. "It took me more like 10 years to see anything happen in the
East Village."
Brooklyn beckons
In
2002, BFC Partners began negotiating with the city to build Schaefer
Landing, is at least a 10-minute walk from the closest subway line.
The
Water Taxi stop had been an integral part of Schaefer's marketing
drive. Capoccia says that a new prototype barge designed for Schaefer
is coming; if it works, there'll be 17 of them all around the city.
"People felt compelled by the Water Taxi, but they don't really use it,
in part because it's not a regular enough service," he says.
Building on Bond
On
the luxury end of the spectrum, another recent Capoccia project, 48
Bond Street, recently sold out at prices that averaged about $1,600 a
foot, with about a third of the units going for north of $2,000 a foot,
according to public records.
Deborah
Berke, a noted interior designer, was the architect for the 17-unit
Noho condop, which Capoccia developed separately from BFC.
At
the same time Capoccia was developing 48 Bond, two other high-ticket
condos were rising on the same block: Tony Goldman's 25 Bond Street,
and 40 Bond Street, which was developed by Aby Rosen and Ian Schrager.
"These
are big people to try to compete with, and I didn't want to try to
compete with them," says Capoccia. "I didn't want to get too far afield
from what was happening on Bond Street, and what has happened there
over the past 100 years."
Political ties
One
of the first hits that pops up when the name "Don Capoccia" is entered
into Google is an article from the late '90s published in a left-wing
newspaper called "the Shadow." The article talks about the developer's
plans to destroy the community gardens in order to build the Del Este
Village condos through a sweetheart deal with the Giuliani
administration. The mayor's office is depicted as hell-bent on
privatizing public spaces and accepting cash and gifts from Capoccia.
But
Cappocia's political ties are not black and white. While campaign
contribution records show he's given tens of thousands of dollars to
Republican candidates over the past several years, he's also given a
fair share of cash to Democrats, most recently to Barack Obama's
presidential campaign. And Capoccia's relationship with the political
sphere has been extremely public. In 2002, President Bush appointed him
to the U.S. Commission of Fine Arts.
Capoccia
describes his political endeavors and appointments as mostly separate
from his work as a developer. "My interest in politics largely revolves
around questions of equality in sexual orientation," says Capoccia. He
said that while he was a Bush appointee on the fine arts commission, "I
had to resign my position when he went out to support a constitutional
amendment barring marriage between gay men and women."
"I
worked very successfully with Governor Pataki, along with many others,
to get a sexual orientation nondiscrimination act passed in New York,"
he says.
Courting controversy
Capoccia
isn't afraid of public confrontations. He has seen plenty of his
projects attract negative media attention through the years. Most
recently, union activists set up a huge inflated rat near the Toren
construction site. Capoccia responded by putting up a big sign next to
the rat that read, "BFC salutes the Lunar Chinese New Year, 2008, the
Year of the Rat."
The
most notorious situation, however, was at Del Este Village. Units in
the development were sold to applicants making between $30,000 and
$70,950. But to build Del Este, the developers destroyed several
community gardens, and community acrimony flared. In late 1999,
activists chained themselves to the gardens' fences to try and prevent
their destruction.
Capoccia says the ends justified the means.
"We
have buyers in that project who are still there today who came out of
households that were doubled up in the Lillian Wald Housing Authority
projects along the East River," he says. "That's where we drew our
market from. I think people should say what they have to say, but at
the end of the day, if the builder's done the right thing, it just
works in the neighborhood."
Where to next?
Staten Island may be Capoccia's final frontier in New
York City.
BFC
Partners is constructing 167 middle-income co-ops in the Staten Island
neighborhood of Stapleton, and Capoccia says he hopes to lure buyers
from Southern Brooklyn neighborhoods like Bay Ridge and Bensonhurst.
"We think there's an opportunity here that no one else has seen," he says.
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Comments
Dennis Schmidt
Great success story and look at all the people you have helped to have a better life.Congrats
Comment #1 Posted By: Dennis Schmidt 06/10/08
JULIO
WHAT DOES HE HAVE AGANIST UNIONS. WHY NOT PAY PEOPLE A FAIR WAGE,THEY MIGHT BE ABLE TO BY THE MIDDLE INCOME UNITS ON STATEN ISLAND.THE MAN ADMITS TO DAY LABORERS, THEY CAN NOT AFFORD TO LIVE IN THOSE UNITS
Comment #2 Posted By: JULIO 06/16/08
Anonymous
inspiring
Comment #3 Posted By: Anonymous 06/17/08
Anonymous
If you pay union wages you can't make units affordable.
Comment #4 Posted By: Anonymous 06/25/08
Anonymous
If you pay union wages you can't make units affordable. SO TRUE, SO TRUE
Comment #5 Posted By: Anonymous 06/26/08
N
Hey anons, I have to disagree. There are plenty of affordable residential units built by union labor in New York City. Maybe if the city and state weren't subsidizing his multi-million dollar business I'd feel differently.
Comment #6 Posted By: N 06/26/08
Anonymous
if he pays union! he can't pay rent boys and prostitutes in his personal life!
Comment #7 Posted By: Anonymous 08/27/08
Anonymous
WHY PAY FOR A UNSKILLED BUILDING NON PROFESSIONALLY MAKE SURE YOU ASK AND GET DICOUNT DON'T PAY EXTRA FOR THESE CONDOS
Comment #8 Posted By: Anonymous 10/25/08
Anonymous
IF U KNOW ANYTHING ABOUT CURTAINWALL THIS CONDO WILL NOT OPEN ON TIME, NEW TENNETS DON'T GET YOUR HOPE'S UP
Comment #9 Posted By: Anonymous 11/06/08
Anonymous
HEY DON WHAT HAPPENED TO POSTS 10 AND 11 I GUESS WE DON'T HAVE FREEDOM OF SPEECH
Comment #10 Posted By: Anonymous 11/11/08
Anonymous
You are taking money from hard working families for property they believe is well build and customized, when in fact you have chosen to take the easy cheap way out. Your attempt to make a buck today will cost the consumers a fortune tomorrow in repairs. Your continuous lack of concern and moral responsibility to these families is hurting all involved. Unions are formed of highly qualified skilled individuals who have worked hard to achieve their status. Union employees can walk with their heads held high and be proud of their finished products!!!
Comment #11 Posted By: Anonymous 11/11/08
Anonymous
TOREN IF U KNOW ANYTHING BOUT CURTAINWALL I DON'T THINK IT WILL B READY 2 MOVE IN ON APRIL 2009 MAY B DEC. 2009 CO-OPS R DOWN IN REALTY MARKET UNSKILLED LABOR AS A CUTOMER U SHOULD GET A BIG DISCOUNT
Comment #12 Posted By: Anonymous 11/12/08
Anonymous
CO-OP CO-OP CO-OP BAD DEALS @ THIS TIME BEST THING IS TO WAIT YOU SEE STOCK MARKET EVERYDAY SCARY
Comment #13 Posted By: Anonymous 11/12/08
Anonymous
CURTAINWALL LEAKING NOW N IN FUTURE THAT IS WHAT CUT RATE LABOR WILL DO TO YOUR NEW CONDO
Comment #14 Posted By: Anonymous 11/13/08
Anonymous
APRIL IS AROUND CORNER NO SHEETROCK YET NO FLOORS NOT MUCH INTERIOR WILL NOT MEET OPENING
Comment #15 Posted By: Anonymous 11/14/08
Anonymous
IT JUST STARTED TO GET COLD SOUTH OF BORDER WORKERS GO VERY SLOW IN WINTER THEY WANT TO BE HOME AND YET ANOTHER DELAY APRIL FOOLS
Comment #16 Posted By: Anonymous 11/18/08
Anonymous
CONDO'S DON'T LOOK GOOD IN REAL ESTATE MARKET JUST LOOK @ DA STOCK MARKET GOING DOWN DOWN DOWN SOUNDS LIKE A SONG
Comment #17 Posted By: Anonymous 11/19/08
Anonymous
CONDO'S GOING DOWN THE REAL DEAL IS TO BUY A HOUSE NO HIDDEN CHARGES N MEETINGS U DON'T WANT TO GO TO KINDA COLD 4 SOUTH OF THE BORDER DAY LABORERS
Comment #18 Posted By: Anonymous 11/21/08
Anonymous
DID YOU SEE YOUTUBE.COM / TOREN MY NIGHTMARE STEVE C DID NOT KNOW HOW A HANDICAP PERSON GET'S INTO SALES OFFICE
Comment #19 Posted By: Anonymous 11/23/08
Laurenn Elkies
Number 19: Can you tell me how to get in touch with the guys in that Youtube video? I'm interested in what they have to say. Thanks.
Comment #20 Posted By: Laurenn Elkies 11/24/08
Anonymous
# 20 POST YOUR E MAIL
Comment #21 Posted By: Anonymous 11/25/08
Anonymous
DA TOREN SALES WOULD NOT ALLOW THEM IN HOW CAN U SELL ANYTHING 2 ANYBODY CONDOS R DOWN U R BETTER BUYING A HOUSE
Comment #22 Posted By: Anonymous 11/25/08
Anonymous
HI LAUREN ASK STEVE C. HE DON'T KNOW MUCH
Comment #23 Posted By: Anonymous 11/30/08
Anonymous
LOOKS LIKE SHEETROCK WILL GET WET THEN THAT BECOME MOLD BUYER'S BEWARE
Comment #24 Posted By: Anonymous 12/01/08
Anonymous
WARPED WOODEN FLOORS WATER CAN DO THAT
Comment #25 Posted By: Anonymous 12/02/08
Anonymous
APRIL IS CLOSING IN 5 MONTHS AWAY DON'T GET READY TO MOVE YET
Comment #26 Posted By: Anonymous 12/03/08
Anonymous
HEY IDIOT IT'S LEST THEN FOUR MONTHS AWAY
Comment #27 Posted By: Anonymous 12/04/08
Anonymous
MARKET IS DOWN BUYERS MARKET GET A HUGE DISCOUNT DEMAND 30 PERCENT DISCOUNT
Comment #28 Posted By: Anonymous 12/07/08
Anonymous
toren a component of building fell out from 28th. very unskilled u should not pay 4 a unskilled building, they must b under the gun to finish well the clock is ticking tic toc tic toc
Comment #29 Posted By: Anonymous 12/09/08
Anonymous
FOR THE CITY BUILDING DEPT. NOT TO SHUT THIS JOB IS A JOKE I DON'T CARE IF YOU ARE A FRIEND OF DO NOTHING BLOOMBERG
Comment #30 Posted By: Anonymous 12/14/08
Anonymous
TIC TOC IT KEEPS TICKING APRIL IS GETTING CLOSER EVERYDAY GET A FIRM MOVE IN DATE MAKE A CONTRACT PUT MOVE IN DATE IN CLOSING THIS WAY YOU CAN SUE FOR THE TARTY TOREN
Comment #31 Posted By: Anonymous 12/15/08
Anonymous
CHECK OUT THE REAL DEAL JUNE 2008 ISSUE THEY SUGGEST A 10 PERCENT DISCOUNT ON CONDOS YOU SHOULD GET AT LEAST 30 PERCENT DISCOUNT LOOK AT THE STOCK MARKET YOU ARE IN DRIVERS SEAT DEMAND A 30 PERCENT DISCOUNT
Comment #32 Posted By: Anonymous 12/15/08
Anonymous
GETTING COLD TARTY TOREN APRIL IS CLOSING IN
Comment #33 Posted By: Anonymous 12/16/08
Anonymous
WOW APRIL SHOWERS WINTER STARTS 12/21/08 APRIL IS AROND DA CORNER HO HO HO
Comment #34 Posted By: Anonymous 12/21/08
Anonymous
APRIL SHOWERS AWAY YET KINDA COLD LOOKS LIKE MORE DELAYS MAY IS ALSO AROUND THE CORNER MAY DID U SAY MAY I THOUGH IT WAS APRIL CURTAINWALL GOING SLOWER
Comment #35 Posted By: Anonymous 12/22/08
Anonymous
CURTAINWAL ALWAYS GO'S SLOW BUT APRIL IS JUST AROUND THE WINTER
Comment #36 Posted By: Anonymous 12/23/08
Anonymous
HO HO HO MERRY X MAS TOREN WILL LEAKE NOT PROFESSIONAL BUILT JAN. FEB. MAR. APRIL NOT A MOVE IN DATE
Comment #37 Posted By: Anonymous 12/24/08
Anonymous
BUY A HOUSE A REAL INVESTMENT MARKET TO SHAKEN TO BUY CONDO'S
Comment #38 Posted By: Anonymous 12/28/08
Anonymous
WEATHER WEATHER GO AWAY AND YET ANOTHER DELAY
Comment #39 Posted By: Anonymous 12/30/08
Anonymous
MUCHO FRIO AMIGO'S N YET ANOTHER DELAY WONDER HOW MANY PEOPLE BACK OUT OF CLOSING MONEY IS TIGHT MAKE SURE U GET A BIG DISCOUNT
Comment #40 Posted By: Anonymous 01/02/09
Anonymous
go to YOUTUBE.COM CHECK OUT MORTGAGE RATES THEY R WAY DOWN SO THAT MAKES IT A BUYERS MARKET MAKE SURE YOU GET A DISCOUNT
Comment #41 Posted By: Anonymous 01/02/09
Sue J.
Capoccia did not need to destroy community gardens in the East Village for his fake 20/80 building he developed. The ends do not justify the means for tearing this neighborhood apart. And getting a write off for building a church where parishioners from Harlem are bussed in to worship? How does that help anyone but himself? And let's talk about illegal and shoddy workmanship. Steer clear. He knows how to game the system.
Comment #42 Posted By: Sue J. 01/05/09
Anonymous
HEY PONCHO HOW MANY PEOPLE BACKED OUT OF TOREN MONEY SURE IS TIGHT CISCO CAN'T CLOSE BY APRIL WITH THIS GLOBAL WEATHER N GLOBAL ECONOMY
Comment #43 Posted By: Anonymous 01/14/09
Anonymous
SURE IS COLD OUT TURN UP THE HEAT APRIL IS AROUND THE CORNER
Comment #44 Posted By: Anonymous 01/20/09
Anonymous
GEE WHAT HAPPENED TO OTHER POSTS NO FREEDOM OF SPEECH GETTING COLD TONIGHT TURN UP THE HEAT I DON'T KNOW IF U CAN SAVE MOLD ON SHEET ROCK U SHOULD INFORM YOU LESS N LESS BUYERS
Comment #45 Posted By: Anonymous 01/20/09
Anonymous
have to agree it is freezing wonder how many closing were cancelled sure don't look like april
Comment #46 Posted By: Anonymous 01/21/09
Anonymous
WHAT HAPPEN TO POSTS 10 11 43 AND 44 NO FREEDOM OF SPEECH BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR
Comment #47 Posted By: Anonymous 01/21/09
Anonymous
SO HOW MANY BACKED OUT
Comment #48 Posted By: Anonymous 01/22/09
Anonymous
CHECK OUT N Y TIMES CONDOS NOT DOING GOOD WHAT PERCENTAGE R WE WITH SALES ?
Comment #49 Posted By: Anonymous 01/23/09
Anonymous
CLOSING DON'T GET READY TO MOVE CONDOS DOING BAD BEST DEAL BUY A HOUSE
Comment #50 Posted By: Anonymous 01/23/09
Concerned Buyer
I was about to look into buying a unit in the Toren building on Flatbush and Myrtle in Brooklyn when I found out from a friend of mine who sells real estate that the project has been mired in controversy and I am glad that I found this stuff out before I went any further. First it was union, then the developer failed to pay benefits so the union was off the job. Thereafter a group of nonunion workers, possibly alot of illegal aliens, was thrown together and it seems like it is taking forever to finish the project exposing the interior to harsh winter weather. If the current workers have not been adequately trained for the job, how do I know that the guys who worked on the unit I buy haven't done a poor job of it while the guy on the floor below me may have bought a unit that was better constructed than the one I have even if we paid the same price. If the developer owes the unions back payments, will the unions encumber the building with a slew of mechanics liens which will make it difficult to sell my unit at some future date?
Comment #51 Posted By: Concerned Buyer 01/24/09
Concerned Buyer
I was about to look into buying a unit in the Toren building on Flatbush and Myrtle in Brooklyn when I found out from a friend of mine who sells real estate that the project has been mired in controversy and I am glad that I found this stuff out before I went any further. First it was union, then the developer failed to pay benefits so the union was off the job. Thereafter a group of nonunion workers, possibly alot of illegal aliens, was thrown together and it seems like it is taking forever to finish the project exposing the interior to harsh winter weather. If the current workers have not been adequately trained for the job, how do I know that the guys who worked on the unit I buy haven't done a poor job of it while the guy on the floor below me may have bought a unit that was better constructed than the one I have even if we paid the same price. If the developer owes the unions back payments, will the unions encumber the building with a slew of mechanics liens which will make it difficult to sell my unit at some future date?
Comment #52 Posted By: Concerned Buyer 01/24/09
NY Construction Manager
It is my understanding that this Toren building in downtown Brooklyn is being built with low cost labor. Isn't it a basic rule of economic competition that if you can produce a product or service at a lower cost you in turn pass along a savings to the purchaser? How can Toren justify the purchase price of units in the Brooklyn project if its cost of production is considerably lower than the Avalon Bay project across the street that is paying union scale?
Comment #53 Posted By: NY Construction Manager 01/24/09
Question of Ethics
I work in MetroTech in downtown Brooklyn and when I get off the bus in the morning on Myrtle Ave I walk between two differnet construction sites. The taller of the two appears to be staffed by workers that look to be foreigners. If we are sliding into what could be another depression is it ethically justifiable to be giving jobs to people who could in fact be illegal immigrants when we have so many of our own people out of work?
Comment #54 Posted By: Question of Ethics 01/24/09
Anonymous
Concerned Buyer, you just hit the nail on the head! Great observation.
Comment #55 Posted By: Anonymous 01/24/09
Concerned Buyer
For the life of me I can't believe that alot of other people have not brought this up already.
Comment #56 Posted By: Concerned Buyer 01/24/09
Anonymous
Concerned Buyer, this Toren Project could be the biggest bag job in N.Y. real estate history. Its definately a little fugazy.
Comment #57 Posted By: Anonymous 01/24/09
Concerned Buyer
You got that right.
Comment #58 Posted By: Concerned Buyer 01/24/09
Myrtle Ave Resident
I agree with Question of Ethics. Time to stand up to this guy.
Comment #59 Posted By: Myrtle Ave Resident 01/24/09
Anonymous
The real question is what does it take for this guy to get real?
Comment #60 Posted By: Anonymous 01/25/09
Concerned Buyer
I doubt this S.O.B. has the ability or the intellectual capacity to get real. His only real interest is putting $$$$$$$$$$$ in his bank account no matter what the cost, even if it means exploiting a bunch of wet backs!
Comment #61 Posted By: Concerned Buyer 01/25/09
Possible Buyer
I am new to this site and just came upon it while looking for a possible place to buy, seeing as the real estate market is down. Is this Toren Project really that toxic? Should I be looking someplace else? Can sombody help me get to the bottom of this?
Comment #62 Posted By: Possible Buyer 01/25/09
Anonymous
I would defiately steer clear of this operation. I for one would not want to wade through all of the guys who are on the sidewalk outside of the Toren Sales Office on Gold Street. Something must have realy pissed them off.
Comment #63 Posted By: Anonymous 01/25/09
Possible Buyer
Anonymous, thanks for the "heads up" I will go elsewhere, hopefully I will save my cash in the process.
Comment #64 Posted By: Possible Buyer 01/25/09
Anonymous
R GEE IT LOOKS LIKE WE HAVE NO FREEDOM OF SPEECH NO POST 10,11, 43,44,65 BRRRRRRRRRRRRRRRRRRRRRRRR APRIL IS CLOSING IN APRIL NO CLOSINGS HOW MANY CONTRACT WERE TERMINATED MARKET ??????????
Comment #65 Posted By: Anonymous 02/04/09
Anonymous
AND YET ANOTHER SET BACK DON'T GET READY TO MOVE APRIL IS CLOSING TIME APRIL IS CLOSING SO IS MAY SO IS JUNE
Comment #66 Posted By: Anonymous 02/05/09
Anonymous
still cold out there caulking won't aplly corectly looks like a leaker bring your umbrella
Comment #67 Posted By: Anonymous 02/06/09
Anonymous
feb. half way there don't think it can be closed in by april unskilled can not do the job very very unprofessional but they charge professional prices get a discount you see the way the market is going what's the count on cancelled contracts
Comment #68 Posted By: Anonymous 02/15/09
Anonymous
april is just around the corner so is march and then i don't think so april may maybe nope you gotta have hope hope is no joke don't move untill it is complete
Comment #69 Posted By: Anonymous 02/15/09
Anonymous
WE ARE PASSED HALF WAY POINT OF FEB. APRIL IS GETTING CLOSE
Comment #70 Posted By: Anonymous 02/18/09
Anonymous
KINDA COLD OUT THERE NOW WE GOT CARNIVAL AND YET ANOTHER DELAY THEN WE GOT ST. PATRICK'S DAY THEN WE GOT EASTER
Comment #71 Posted By: Anonymous 02/20/09
Anonymous
STILL COLD OUT THERE ARE WE EVER GOING TO FINISH THIS JOB OR DO WE GO INTO 2010 ?????????????? I WONDER
Comment #72 Posted By: Anonymous 02/23/09
Anonymous
WE R PAST HALF WAY PT. IN FEB. APRIL IS CLOSING IN DON'T LOOK GOOD TO CLOSE APRIL SHOWERS ON DA WAY EACH CONDO COMES WITH RAIN SUIT
Comment #73 Posted By: Anonymous 02/23/09
Anonymous
H HO HO MORE SNOW AND YET ANOTHER DELAY
Comment #74 Posted By: Anonymous 03/01/09
Anonymous
GETTING WARM CAN YOU CLOSE IN APRIL DON'T MOVE YET DEMAND A FIRM CLOSING DATE
Comment #75 Posted By: Anonymous 03/11/09
Anonymous
A job is a job! why are you knocking non-union workers, with the way the economy is today people need jobs! union or non union my husabnd has worked on a buildling Don Copoccia owned he is non union. that does not make qhis work any less safe or hazardous than a union workers. If you have no experience in this field or fields I do not think you should coment on issues you know nothing about ! how about you build a housing for low income housing.......how about it !!!!!!
Comment #76 Posted By: Anonymous 03/12/09
Anonymous
WOW NOT AFFAIR TO DO BATTLE JOB WOULD HAVE BEEN COMPLETED AND OWNERS WOULD HAVE MOVED IN NOW WE ARE IN MAY JUNE IS CLOSE JULY IS ALSO COMING ALONG WITH AUG.
Comment #77 Posted By: Anonymous 05/11/09
Anonymous
HOW CAN WE BE OPEN MINDED, WHILE YOU TAKE OUT MISSING POSTS, WOW NOT AFRAID,
Comment #78 Posted By: Anonymous 05/11/09
Anonymous
THE COMMENTS ARE ABOUT LETTING BUYERS BE AWARE OF WHAT IS GOING ON. AND LET THEM KNOW HOW TO CANCEL CONTRACT.
Comment #79 Posted By: Anonymous 05/11/09
Anonymous
WHEN IS MOVE IN DATE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! JUNE,JULY,AUG,SEPT,OCT,NOV,DEC. OR IS IT 2010
Comment #80 Posted By: Anonymous 05/18/09
Anonymous
HOW MANY CONTRACTS CANCELED
Comment #81 Posted By: Anonymous 05/18/09