The reason to oppose the development @ 7015 Sheridan is that it will lead to Sheridan, north of Devon, looking exactly like Sheridan north of Hollywood.
Without a real comprehensive long term plan for development, and leadership that will follow the will of the broad community (read Alderman not in the pocket …. ) the big time high rise guys will be coming soon.
As for Connie’s Mini-rise ….. I will engage in a little speculative fiction if you will humor me …..
The 7001 connection is VERY interesting and great sleuthing Hugh - And, it paints bright red a very sweet LIE (call it lie # 1 for this note) on Connie Abel and Joe Moore’s part. Think of them as Connie/Joe for the rest of this post (I think they are a great team don’t you?). If Connie has some interest in 7001 Sheridan her little project at 7015 makes a bit more sense. The 30+ parking spaces proposed at 7015 will just about solve the parking requirement problem she would be facing when it comes time to condo 7001 / 1154. Remember, Connie/Joe told us they were included in the “proposal” - please read done deal - to "GIVE BACK" to the community out of Connie’s overflowing love of RP and her big big heart? She will own the spaces and she will proceed to apply them to the parking needs of a condo conversion next door when the time comes – as an amendment to the Planned Development. This is why they are using the Planned Development process – Connie/Joe you are a sly one you are!!!!
So was she maybe LYING to the community she loves so much just a bit when she said the bulk of the spaces would be available to "the community" to help lift the parking load? It will add additional public parking until her next development takes those spaces off the market. Why is Joe Moore SHILLING these kind of half truths to the community? Sorry – just being rhetorical.
I DARE JOE MOORE TO DISCLOSE HOW MUCH MONEY CONNIE HAS DONATED TO HIS CAUSE IN THE LAST FEW YEARS DURING WHICH TIME SHE HAS HAD ZONING ISSUES IN FRONT OF HIS OFFICE AND THE CITY. How do you say “On the Pad” in polite company?
Lie #1 implies Lie #2 –
Lie #2 is that (just maybe – see below) there IS NO RESTURANT being planned for Connie’s mini-skyrise. Not today. Never was. Originally, Connie wanted to go real real high with lots of fancy condos at 7015. Connie/Joe admitted this in public – with Ha Ha’s all around to let us know how much Joe was ON OUR SIDE. Do the math – 12 stories, 5 stories of parking – say 14 condos and 50 parking spaces. 14 spaces for her luxury condos, and 30+ for a future 7001 Sheridan conversion. Joe tells her that as much as he’s like to, with that pesky election coming up, he just can’t get behind her on 12 stories. Let’s try 7.
And by the way folks, watch out after the election if this doesn’t happen - If Joe Moore’s in the drivers seat, they’ll be back, and Connie/Joe won’t care so much what the aging old hippies think of Developers and Politicians overbuilding the lakefront.
But still, why no restaurant you say? Ask your self the following questions:
1) – Why, when asked, couldn’t Connie even say how many seats the restaurant would have? Had no idea what would go up there on her own roof. If I recall she said she “hadn’t really thought much about it.” Pardon me but what BS. Connie Abel may be many things, but she is not stupid. She is one smart cagey detail oriented business woman, and if she was really planning a restaurant high up there in the sky located in the Lakefront Protection Zone, she would know, sure as I’m typing this rave, EXACTLY how many seats it would take to make it profitable. Didn’t know because maybe it’s not in the plan?
2) – Look at the picture Craig has provided us – Why would you build a restaurant in the sky and then CUT IT IN HALF????? Could Connie possibly have given us a pretty rendering of 2 PENTHOUSE units? Last time I looked you get top $$ for that kind of thing.
So why bother with pitching a restaurant? Why give us a rendering of penthouses and call them a restaurant?
Connie wants a 12 story tower. Joe Moore tells her he can’t sell that idea. Connie comes back with pretty pictures topping out at the magic 79 foot mark. Joe says “gee Con … that is still pretty tall … and there is that stupid Lakefront Protection thing ….. Connie/Joe put their head together, go into marketing mode, and decide the “spin” to get this thing done is “How wonderful Connie’s project will be for the PEOPLE OF ROGERS PARK. How much she is “giving back”; All that needed parking and a really cool restaurant with views we can all go up to and have a nice $7 BURGER. She LOVES us all SOOO much.
But oops …. The renderings show 2 Penthouse atriums, and Connie doesn’t want to waste any more $$ asking to do what she should be THANKED for doing - in her opinion. Anyway - Rogers Parkers are stupid and lazy and don’t work and don’t have a clue - if you listen between the lines of Connie’s arrogant presentation. They’ll never notice. Just show ‘em the renderings we’ve got. They’ll never notice.
Connie/Joe … we love you ……
Ownership of 7001 Sheridan:
If my memory doesn’t fail me, Robert Yassan / Rany Management fronts on occasion for one Reza Tabouli, owner of Rezas Restaurant in Andersonville and Oak Brook. Reza is a bit of a heavy hitter real estate developer, as well as a nefarious slumlord in Rogers Park, but he hides his ownership behind his friends like Yassan when he’s run a building down enough that the city is starting to notice, or the IRS is snapping at his heels. He trashed 7001 Sheridan as well as 7301 Sheridan.
I bet Reza and Connie/Joe could see eye to eye on lots of things.
One thing I’m sure of – in Rogers Park, the way SOME development is done, the way the Alderman works, we’ll never know the truth until it’s a done deal.
posted by watch_them_lie : 3:38 PM
12 comments:
That's a nice piece of speculative fiction.
Just one question. Why on earth would you build two glass penthouses? Do you think two seperate owners would want that kind of exposure of each other? I doubt it.
Maybe the two seperate roofs were designed to work around an engineering hurdle and became more cost effective? (i.e) One massive expansive roof that is supported by steel and glass is not a simple design?
"If Connie has some interest in 7001 Sheridan her little project at 7015 makes a bit more sense."
Does anyone know whether she does? Hugh?
> Has anyone even seen the actual doc?
Cook County Recorder of Deeds
Document Number 0536132044 (892K pdf)
excerpt:
MORTGAGE
MAXIMUM LIEN. At no time shall the principal amount of indebtedness secured by the Mortgage, not including sums advanced to protect the security of the Mortgage, exceed $1,500,000.00.
THIS MORTGAGE dated December 23, 2005, is made and executed between Chicago Title Land Trust Co., not personally, but solely as Trustee under Trust Agreement dated 09-25-2000 and known as Trust Number 1109011 (referred to below as ‘Grantor”) and Park National Bank and Trust of Chicago, whose address is 2958 North Milwaukee Avenue, Chicago, IL 60618 (referred to below as “Lender”).
GRANT OF MORTGAGE. For valuable consideration, Grantor not personally but as Trustee under the provisions of a deed or deeds in trust duly recorded and delivered to Grantor pursuant to a Trust Agreement known as Chicago Title Land Trust Co., not personally, but solely as Trustee under Trust Agreement dated 09-25-2000 and known as Trust Number 1109011 , mortgages and conveys to Lender all of Grantor’s right, title, and interest in and to the following described real property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights, watercourses and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the “Real Property’) located in Cook County, State of Illinois:
LOT 7 AND 8 IN THE SUBDIVISION OF LOT 2 IN BLOCK 10 IN THE CIRCUIT COURT PARTITION OF THE EAST 1/2 OF THE NORTHWEST 114 AND THE NORTHEAST FRACTIONAL 1/4 OF SECTION 32, TOWNSHIP 41 NORTH, RANGE 14, EAST OP THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, IL
The Real Property or its address is commonly known as 1154 W. Lunt, Chicago, IL 60626. The Real Property tax identification number is 11-32-111-004-0000.
> If Connie has some interest in 7001 Sheridan her little project at 7015 makes a bit more sense.
Rather, the owners of 7001 have an interest in the project at 7015. They are helping finance the development of "Abel's" project.
> ... great sleuthing Hugh ...
We need to thank Cook County Recorder of Deeds Eugene "Gene" Moore for showing leadership in using the web in government.
We also need to thank an anonymous clerk in the Recorder's office.
The mortgage specifically mentions TWO lots (7 and 8), but only ONE PIN 11-32-111-004 is mentioned. The PIN for Abel's house 11-32-111-003 is not mentioned. No mention of Sheridan Road. It's almost as if the mortage was written so that it would not be recorded correctly. But an anonymous clerk in the Recorders Office notice the "7 AND 8" and took the time and trouble to look up the PIN for Abel's house and properly recorded the mortage against the appropriate PINs. A heads-up civil servant. Thanks!
7015 N Sheridan, PIN 11-32-111-004 "Lot 7" Abel's house
7001-7013 N Sheridan, AKA 1154 W Lunt, PIN 11-32-111-003 "Lot 8"
Correction
7001-7013 N Sheridan, AKA 1154 W Lunt, PIN 11-32-111-004, AKA "Lot 7", 4-story, 72 rental apartment, red brick courtyard building on the NE corner of Sheridan & Lunt
7015 N Sheridan, PIN 11-32-111-003 AKA "Lot 8", Abel's single-family house
So, if you were in the audience last Wednesday night, and you thought to yourself ...
"Wait a sec. This can't be right. A little old lady from the neighborhood wanting to build a little vanity project to provide for herself in her golden years? No way. There have GOT to be some serious, big-time developers behind this. They are testing our resolve on the Lakefront Protection Ordinance."
... by god you would have been absolutely right!
Here's an excerpt from Moore's press release on "Abel's" project, still available on Moore's web site, for now, if you hurry:
The developer, longtime Rogers Park resident Connie Abels...
Moore routinely helps developers hide their partners. Moore does not think it is any of our business who is changing our laws to accommodate. Moore does not like it when we connect the dots between his legislative activities and his fund-raising activities.
Toto here. Yoo hoo. I hear Ms. Abels is not building a restaurant of any sort. That's right. You heard it here first.
Actually what she's doing is building an alien space-port. It explains the high glass beacons that will be able to be seen from both the sky and across lake Michigan. Someone out there earlier wondered why it looked like she was building two "separate" penthouse units. Well that gap between the units is actually the entryway for the UFOs to land in park in one of the 26 available spots.
---Hugh sez: "It's almost as if the mortage was written so that it would not be recorded correctly."
As far as financing goes, of course it's going to look hinky to a non-familiar. Banks and lending companies don't usually write loans for this kind of business.
--- QA sez: "The 26 extra parking spaces would clearly benefit a condo conversion next door."
No. Those 26 spots will be reserved for alien vehicles only. We just can chance getting illegally towed or booted.
--- MjSquareNuts "Do you see ANY other data that supports this fantasy?"
How dare you question my authority. I have just as much right to promulgate fantasy as Hugh and Craig and the others.
And yes it's true. Reza is her partner. While some folks down on earth actually eat Falafel, the aliens actually power there space ships with it. It suprising what you can do with greasy balls of fried chickpeas.
Why does Connie need JoMos help?
In the land of the aliens the higher zoning promulgates peace and happiness. They cannot understand why the Rojersh Parkerites reject such an offer.
What will happen if they don't allow Connie to build her project?
The aliens promise to condem the misbegotten folks a future of sluggish development, rotten landlords and condos full of yuppies.
So what do you have to lose if it's approved?
Nothing.
Sure, maybe Connie's neighbor is committing mortgage fraud on HER, borrowing against her property without her knowledge!
Now THAT would be irony!
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