Quote:
Originally Posted by Steve8263
I know people like to hate on Geoff Palmer for his ridiculous Italian villages but we should be grateful he's nuts enough to invest in the area. And his buildings are safe, clean, and fully occupied with good people willing to risk living in the downtown hellscape...
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although I don't care for the way his company duplicates the exterior design of every apt bldg they put up in dtla...other than the one on broadway, due to that street's design code....I'd also say that of all of the judged flaws of dt, palmer's are way down the list.
westside rentals
^ palmer's newest proj sits next to the west side of the 110 fwy, whereas his other apt devlpt sits on the other side, across the street from the LA county health dept bldg. It was a narrow parking lot for decades, as was the adjoining site north of it on temple st. I recall all the yrs I'd drive by such parts of dtla & know they weren't ready for prime time...they gave dt a sad & abandoned vibe.
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Palmer has several apt complexes throughout dtla & their websites indicate they're mostly leased up...I notice they're now not listing the rental rates for more of them, which I don't think was the case in the past....so I'm not sure if they're playing sleight of hand with the rent inflation that's occurring throughout the US.
Even if they're doing that, the greed associated with landlords in LA can't hold a candle to what's occurring in this city, the one sspers tend to love because of all its street life & tall bldgs.
https://www.youtube.com/c/CashJordan
^ sorry, I'm not impressed...I'm actually turned off.
Street life, busy sidewalks & lots of tall bldgs don't offset the rental rates being quoted, the size & age of some of the apts being shown, the downbeat look of a 4 seasons weather city versus the friendlier, sunnier look of at least the newer parts of dtla. this may be faux tuscan, but I think it beats nyc greedster
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thedavinciapts.com