Search found 101 matches

by tedlanda2571
February 3rd, 2025, 11:30 am
Forum: Minneapolis - Downtown
Topic: Downtown Minneapolis Office Market
Replies: 1357
Views: 938261

Re: Downtown Minneapolis Office Market

This morning I read Bloomberg article speaking to the bifurcation in quality of space. Apparently in NYC buildings either built or renovated since 2010 are seeing rental absorption above pre-pandemic rates while lower quality buildings sit empty. There is a plausible viewpoint that rental rates for ...
by tedlanda2571
December 11th, 2024, 3:57 pm
Forum: Anything Goes
Topic: Crime
Replies: 210
Views: 64743

Re: City Center


Just fyi, it at least used to be the case the "negligent homicide" was always drunk driving. Back in the day, "homicide" was always something that required some amount of heighten culpability until we decided it was bad to kill people with a car while drunk, whether the state could demonstrate ...
by tedlanda2571
December 11th, 2024, 8:46 am
Forum: Anything Goes
Topic: Crime
Replies: 210
Views: 64743

Re: City Center



I don't think we can have much of a realistic conversation at getting downtown back to what it was just before it went downhill fast during the pandemic, let alone into a thriving downtown retail paradise without addressing the out of control crime and loitering.

The problems with downtown's ...
by tedlanda2571
March 18th, 2024, 3:57 pm
Forum: Transportation
Topic: Uber/Lyft
Replies: 34
Views: 15961

Re: Uber/Lyft


I personally don't like blackmail - so Uber and Lyft's threats and tantrums make me strongly support the ordinance. If they leave, that's a plus at this point. There will be other services/companies that can do what they do without fucking over their workers.


Blackmail. I do not think it means ...
by tedlanda2571
March 17th, 2024, 10:40 am
Forum: Transportation
Topic: Uber/Lyft
Replies: 34
Views: 15961

Re: Uber/Lyft

Obviously anecdotal, but my Lyft driver last night ranted about the city council decision. He claimed it’s a vocal minority of drivers and that he makes significantly more than $15 hour and presented his pay stubs at a council meeting. He did also complain about some Uber and Lyft policies that made ...
by tedlanda2571
March 5th, 2024, 4:11 pm
Forum: Greater Minnesota
Topic: Greater Minnesota job market / employment news
Replies: 24
Views: 29209

Re: Greater Minnesota job market / employment news

The Soudan Mine tour is a Minnesota must do. The cage elevator is original and is kept in fantastic working order. Watching it work from the surface is interesting on its own. Once at the bottom you ride a mine train about a mile laterally.

Next time you look at the Minneapolis skyline, realize ...
by tedlanda2571
February 6th, 2024, 11:52 am
Forum: Greater Minnesota
Topic: Lutsen
Replies: 5
Views: 7790

Re: Lutsen

Papa Charlie's and now the Lodge itself? Hmmm...

Scandinavian Lightning, perhaps?
by tedlanda2571
November 16th, 2023, 9:24 am
Forum: Minneapolis - South, Southwest, and Uptown
Topic: Uptown - LynLake - The Wedge - News & General
Replies: 1507
Views: 701228

Re: Uptown - LynLake - The Wedge - News & General


Unless the city is able to keep a good pace of new construction. That would help offset this issue as eventually office space even on the county/city books will be devalued. A wild card is what will the value of the office to housing be. Will they require tif


Well, the most visible policy ...
by tedlanda2571
November 15th, 2023, 6:18 pm
Forum: Minneapolis - South, Southwest, and Uptown
Topic: Uptown - LynLake - The Wedge - News & General
Replies: 1507
Views: 701228

Re: Uptown - LynLake - The Wedge - News & General


Maybe. I got my truth in taxation document for 2024. No change in my property value. Overall taxes down 1.6%. I've heard from others who saw their property values increase - they will be paying more, but not by a crazy amount. The discounted prices that some are paying for apartment buildings will ...
by tedlanda2571
September 27th, 2023, 3:00 pm
Forum: Minneapolis - South, Southwest, and Uptown
Topic: Uptown - LynLake - The Wedge - News & General
Replies: 1507
Views: 701228

Re: Uptown - LynLake - The Wedge - News & General

twincitizen wrote: September 27th, 2023, 9:38 am Weidner is buying all phases of the Elan Apartments from Greystar. Paying $111 million for 590 units, they're getting a massive bargain.
If you are a homeowner it's time to start bracing for big property tax hikes...
by tedlanda2571
July 7th, 2023, 11:21 am
Forum: Greater Minnesota
Topic: Northfield
Replies: 4
Views: 12569

Re: Northfield

It looks good as a new project, but boy was the loss of the Archer House a massive hit to a classic small town.

I have a sneaking suspicion that looking at this is just going to make residents miss the Archer House that much more.
by tedlanda2571
June 28th, 2023, 12:09 pm
Forum: Minneapolis - Downtown
Topic: Downtown Minneapolis Office Market
Replies: 1357
Views: 938261

Re: Downtown Minneapolis Office Market

Has there been any analysis published on the impact of office implosion on City of Mpls budget and by extension residential property tax burden?
by tedlanda2571
April 4th, 2023, 7:14 pm
Forum: Minneapolis - Downtown
Topic: Downtown Minneapolis Office Market
Replies: 1357
Views: 938261

Re: Downtown Minneapolis Office Market


It seems like that to me as well. I wonder if they are not going to dramatically reduce there office space with this move


Not to denigrate call center and collections workers, but I think the Strib article suggested their downtown space was mostly support functions like that, and frankly that’s ...
by tedlanda2571
January 19th, 2023, 9:39 am
Forum: Transportation
Topic: Transit Crime
Replies: 281
Views: 1072698

Re: Transit Crime

There's always this right/left intractable argument between using resources for tougher enforcement vs. using them to address root causes of crime, but, to some extent, it seems they are both right. Clearly, you can't structurally 'arrest your way out of crime', but tactically I think it can ...
by tedlanda2571
December 13th, 2022, 1:57 pm
Forum: Minneapolis - Downtown
Topic: Downtown Minneapolis Office Market
Replies: 1357
Views: 938261

Re: Downtown Minneapolis Office Market


Top 4 floors of the office tower. I am not sure how much square footage that is, or how it compares to what they currently have.


Article said they had 124,000 currently, and an old Hines release say 14 floors of office totaling 350k. 350/14 = 25k (not sure how valid that is), so maybe 124k to ...
by tedlanda2571
December 13th, 2022, 9:20 am
Forum: Minneapolis - Downtown
Topic: Downtown Minneapolis Office Market
Replies: 1357
Views: 938261

Re: Downtown Minneapolis Office Market

go4guy wrote: December 13th, 2022, 7:22 am Piper Sandler is moving to North Loop Green in 2025!
Is this good news or bad news (ala Ameriprise)?

They are currently at 800 Nicollet Mall, no?

…and I’d be surprised if they are upsizing, I guess.
by tedlanda2571
December 3rd, 2022, 7:47 am
Forum: Minneapolis - Downtown
Topic: Downtown Minneapolis Office Market
Replies: 1357
Views: 938261

Re: Downtown Minneapolis Office Market

Who knows what went on behind the scenes, but it seems pretty interesting that a building of this size isn’t being re-structured, extended and pretended, quietly marketed while in forebearance or whatever. Straight to auction like any old 3 bedroom house.
by tedlanda2571
November 18th, 2022, 7:52 am
Forum: Minneapolis - Downtown
Topic: Downtown Retail & Restaurant News
Replies: 394
Views: 46735

Re: Downtown Minneapolis Retail News


Dont agree. And if we are talking about dt specifically, I think its forced transformation into a mixed use neighborhood rather than a place people drive to to go to work is going to be hugely positive, eventually.


I actually agree with you, with emphasis on ‘eventually’. I don’t think ...
by tedlanda2571
November 16th, 2022, 11:54 am
Forum: Minneapolis - Downtown
Topic: Downtown Retail & Restaurant News
Replies: 394
Views: 46735

Re: Downtown Minneapolis Retail News

I've probably posted this before, but my prediction is that in 20-30 years remote work will be viewed similarly to the way mid-century freeway construction is viewed today: as 'gee-whiz progress' that made life more convenient for a bunch of well off white people without any real consideration given ...