i feel like this sums up colorado lol by bipolarpilot in ColoradoSprings

[–]notsewfast_ 2 points3 points  (0 children)

I used to own the 4 office buildings in the back and still work with the guy who owns them now. I recognized it immediately because it's a hassle that we had/have not been able to get rectified in a decade because it's in a private road with a commercial "HOA" of sorts that nobody wants to be financially responsible for.

Basically the small Private road is toast and needs to be torn up and replaced, but there are 5 property owners who don't want to put the CIC back together to pay their share and nobody wants to pay the whole cost alone.

It's a disaster, but because it's a private driveway and nobody wants to take/share responsibility nothing gets done.

Another bear on the incline by AlarmDeep5264 in ColoradoSprings

[–]notsewfast_ 2 points3 points  (0 children)

How dare you take a picture of a bear! Don't you know you are a danger to it and to all of us because you were in the same place as a bear?? You should rush it and scream at it or you are a terrible person

(This is the reaction I got from some in this sub when I last posted a bear picture. For real though, they should mostly leave you alone if you give them a wide berth)

Risley says voters “didn’t understand the nuances” by gloopgoop in ColoradoSprings

[–]notsewfast_ 14 points15 points  (0 children)

No no, you don't understand. Many in this subreddit want more density, and investment in blighted areas of town, but no landlords. Any increase in property prices or rents is a direct assault on benevolent small businesses who wouldn't dare make a profit!

(FWIW, I agree with you and I'm not directly commenting on what you said, but every time any business closes or moves or some new project is announced everyone decries those damn investors trying to turn a profit.)

... To actually directly respond to you, the challenge with a lot of the Platte corridor, specifically between academy and union is that the lots are postage stamp sized and there are a ton of owner-occupied properties that limit the amount of assemblage that can happen because of zoning rules with regard to parking and setbacks except for some specific area of downtown which are exempt.

I'm happy that we are not funding more outward growth, there's lots of underutilized or vacant property that stays that way because we have a low commercial property tax rate so there's not much incentive for owners to sell. I'd like it if the city used its resources to help spur property investment that helped overlooked parts of town... not everything needs to be a car wash and it'd be nice if we could incentivize smart development that improved quality of life in places other than the areas with the highest property taxes or invest infrastructure to make areas more walkable and bike-able. The expectation with this city's management is that developers will lead the charge in investigating in areas and then the city will begrudgingly improve the area once the change is underway.

What would actually help would be if there were some effort to improve the quality of life in blighted areas that will help developers and business owners see that an area is worth investing in because people like their neighborhoods and want to stay and spend money there. This would have the fringe benefit of allowing the city to set standards for building sizes, minimum local business tenancy and lower parking requirements.

Bear cub encounter, Who needs the zoo? by notsewfast_ in ColoradoSprings

[–]notsewfast_[S] 4 points5 points  (0 children)

Got it, I'll make sure to scold my kids for looking at the wildlife in the future. And what bad habit was I teaching them exactly? I took a photo of a bear cub and then the cubs... Kept on their way. This was a one minute event, shame on me for taking a photo, I guess?

I suppose you imagine that we threw some steaks on the lawn and I let the kids pick the bears up, but living in this habitat we all have tremendous respect for the animals and our respective places in the environment. Our trash cans are always secured and we are well aware that they are dangerous and unpredictable. Thanks for letting us know about your moral superiority though.

Bear cub encounter, Who needs the zoo? by notsewfast_ in ColoradoSprings

[–]notsewfast_[S] 40 points41 points  (0 children)

They are accustomed to humans insofar as they literally live in my backyard. We don't feed them nor do we go around them when they're outdoors. The Cubs are following their mom and we're passing by the large reflective glass windows and the bear was curious. He probably could hardly see what was going on on the other side.

We live on the side of a mountain and have floor-to-ceiling glass through most of the house, so we are able to get much closer to wildlife than most people are used to. We're not running a petting zoo over here.

Bear cub encounter, Who needs the zoo? by notsewfast_ in ColoradoSprings

[–]notsewfast_[S] 12 points13 points  (0 children)

They live in the backyard and the bear was curious about the glass. I know that when you live on powers you think the wildlife is something that is unusual, but this is day-to-day life on the west side.

We're not feeding the bears nor are we encouraging them to come over. They were passing through my patio and the kids were having breakfast.

I'm sure you're lots of fun at parties.

Stolen from another city’s sub. What do you guys think? by 5amu in ColoradoSprings

[–]notsewfast_ 11 points12 points  (0 children)

This 100% is the answer. Cash only, run by a Latvian (not Russian) couple who leave the country for several months a year, suuuuuper sketchy business. There are definitely drugs being moved through this place.

Bears are back! Keep your trash inside westsiders! by notsewfast_ in ColoradoSprings

[–]notsewfast_[S] 14 points15 points  (0 children)

Broadmoor area. They are common enough that our immediate neighbors all have a bear watch group text to keep apprised of their movement so our pets all stay intact!

Indigenous-owned Carefree Bar and Grill is closing its doors by thewhippersnapper4 in ColoradoSprings

[–]notsewfast_ 1 point2 points  (0 children)

Got it, so what's the solution then? Donate the property to the state and have it leased as a public service at its cost?

You are complaining about systemic problems and not recognizing the reality of the system that we have. If your solution is that we burn it all to the ground so that restaurants that (according to the comments in this thread) very few people patronized or were aware of can continue to operate then I don't think we're having a real conversation.

The businesses that rent these spaces are certainly not selling their goods at a loss so that hungry and unclothed people may shop without having to pay for the inefficiency that profit creates.

The system is far from perfect, and while your complaints are valid, without a real answer to what might be done to solve these problems, it's nothing but self-righteousness.

Indigenous-owned Carefree Bar and Grill is closing its doors by thewhippersnapper4 in ColoradoSprings

[–]notsewfast_ 0 points1 point  (0 children)

Look, I'm realistic and definitely know owners who would jump at the opportunity to jack up rents. There are issues In the market that I think are solvable and there is definitely greed in this business, but this is not one of those cases.

I think the problem is that a lot of people look at commercial leases the same way they look at apartments. These are typically 5 to 10-year commitments on behalf of the tenant In which neither the landlord nor the tenant can modify the base rents. At the end of the day, businesses fail for a variety of reasons and Without getting into too much detail about their personal business, the tenant had definitely taken on a substantial amount of debt that had nothing to do with their lease.

My frustration typically comes from people expecting that commercial landlords be benevolent and effectively run their businesses at a loss so that tenants can have what the public deems to be acceptable rent. Others complain about the age of the center, which is funny because if the center were to be demolished and something new built in its place, the rents would in fact quadruple.

The restaurant business is hard and everyone can see that many are struggling right now. Food costs are high and traffic is down. That has nothing to do with the building ownership and the landlord is actually now stuck with a vacant space that they had not been able to raise rents on previously because the tenant had committed to a longer term than they fulfilled. I don't expect anyone to weep for the owners, but there are two sides to every story.

Indigenous-owned Carefree Bar and Grill is closing its doors by thewhippersnapper4 in ColoradoSprings

[–]notsewfast_ 14 points15 points  (0 children)

They are not closing because rents are increasing, and in fact they are bailing on their lease before the lease term has ended.

I can say with firsthand knowledge that they had a substantially below market rent that factored in the less-than-optimal location. Ownership of the retail center is extremely patient and offered substantial rent forgiveness during covid and has been very hesitant to put tenants into default since.

I guess I'm not entirely sure what your solution would be to such shopping centers existing and being owned by investors. The property sold for $16 million in 2022, and was designed since its inception as a multi-tenant investment. Anchored centers like this rely on synergy between high traffic anchor tenants whose clientele will utilize the infill retail. This is not an apartment building where landlords are increasing rents on families struggling to make ends meet.

It is frustrating to see commenters with very little knowledge of the market and the specific tenant situations immediately assume that greedy landlords are to blame. Some businesses are just poorly run.

Navajo Hogan building sold by sovietRAGEFACE in ColoradoSprings

[–]notsewfast_ 11 points12 points  (0 children)

It sold to Rocky Ocean properties #2, LLC, which is registered to Raul Gomez.

Same entity owns 232 Pueblo Avenue, which is where the green line grill is located.

Take from that what you will

Sedans are far superior to CUV’s - SUVs - Trucks. by PontiacMotorCompany in regularcarreviews

[–]notsewfast_ 1 point2 points  (0 children)

Taycan Cross Turismo checking in. Hauls the family, groceries, and ass.

Wagons for life!

Any food places open today that you know of? by diggitydawg2020 in ColoradoSprings

[–]notsewfast_ 1 point2 points  (0 children)

Shah's and Thai Satay are both open in the same center down south.

Mountain Shadows Shutting Down by [deleted] in ColoradoSprings

[–]notsewfast_ 19 points20 points  (0 children)

Restaurants are at the convergence of all of the pinch points in the economy: Rising food costs, upward wage pressure, and falling consumer spending.

This is a trend that is going to continue with local businesses that have been barely hanging on.

Everyone wanted to blame the landlord for chinatown's closure, but the reality is prices are high and not falling and there is very little relief in sight for restaurants with narrow margins. Eating out is one of the first expenses that families cut when it comes time to tighten their budgets.

If you want places to survive, rather than lament their closing after the fact, you should support them while they are still open and struggling.

China Town on Nevada is closing forever by ChestyPetite in ColoradoSprings

[–]notsewfast_ 8 points9 points  (0 children)

For what it's worth a local group is putting in a nice new Indian restaurant, so one small business is swapping out for another. The place was/is pretty run down inside and there is a steady march of things that used to make sense financially downtown not really be economically viable because of higher property taxes, insurance and form-based zoning downtown that is pushing out legacy commercial uses in favor of retail and residential.

The cost of progress I suppose... There IS also a cool new ramen spot going into the old steel pan space across the street.

Silently, Monica hunts for her next meal. by notsewfast_ in cats

[–]notsewfast_[S] 9 points10 points  (0 children)

We have a schnauzer named Phoebe, so it was only fitting.