[sudo-discuss] 2141 Broadway Co-Op?

Thu Oct 3 13:28:50 PDT 2013

I would like to also talk about co-op purchase greatly. Unfortunately I
cannot make the meeting that you proposed at Farley's. It seems like we
might also want to have it after a sudo meeting? Well in any case, to get
the most participation I've created a doodle for such a meeting:

http://doodle.com/bd7ars64a3ngfd4m

Should we also include BAPS and CCL since they would be also potential
investors? Also it seems like we should get a firmer undesrstanding of what
the purchase price and terms would be. Eddan do you have that information?
Can someone with connections to George get a non-obligatory estimate price
from him?

Max

On 1 October 2013 16:54, Anthony Di Franco <di.franco at gmail.com> wrote:

> I'll be there.
>
>
> On Tue, Oct 1, 2013 at 4:32 PM, Andrew <andrew at roshambomedia.com> wrote:
>
>> Hi,
>>
>> If people are not quite aware of what Eddan is talking about with the
>> JOBS Act Crowd Funding, It was brought up at our first unconference just as
>> Sudo Room was moving in to 2141. Here's some more information
>>
>>
>> http://www.forbes.com/sites/tanyaprive/2012/11/06/inside-the-jobs-act-equity-crowdfunding-2/
>>
>> I'm definitely interested in talking a discussion of the possible
>> co-oping of a portion of 2141 off line and meeting up at *Farley's*maybe
>> *Monday next week (Oct. 7th) 6pm*? Who's down?
>>
>> --Andrew
>>
>>
>> On Tue, Oct 1, 2013 at 4:21 PM, Anthony Di Franco <di.franco at gmail.com>wrote:
>>
>>> To try to help answer the question of what exactly happened and what the
>>> implications are, let me quote from Eddan's email, emphasis mine (archived
>>> here<http://lists.sudoroom.org/pipermail/sudo-discuss/2013-September/003791.html>
>>> ):
>>>
>>> “*Terminating the current lease means the latter, David. That is - at
>>> that point, a new/better lease can be negotiated. Or not, if so decided.
>>> * While the details on what a co-op purchase would look like still have
>>> to be hammered out in detail, it was my understanding from George that he
>>> was interested in an arrangement that would include selling off equity in
>>> that portion. Different organizations would put up money in their
>>> collective shares and that wing would be organized as a co-op with the
>>> different organizational/individual owners taking part in the
>>> decision-making of managing the building.”
>>>
>>> and from Hol's email, (archived here<http://lists.sudoroom.org/pipermail/sudo-discuss/2013-October/003817.html>
>>> ):
>>> “I think we've been fortunate to have people (Eddan, Matt, Zach) put
>>> their name down in the lease and assume a degree of liability for
>>> operations. I interpret the notice to George as a move that is not binding
>>> on sudo room in any way, but one that A) allows Eddan and presumably Matt
>>> to relinquish their "doing business as" status to a better defined group,
>>> B) informs George that his behavior toward tenants will not be met with
>>> guaranteed continued tenancy, and C) puts a fire under all of our asses to
>>> solve the space/access/community issues elegantly, either by finding a new
>>> space or by coming to an agreement and a way forward at 2141. These are
>>> just my thoughts, with a grain of salt on specifics as I haven't been going
>>> to general meetings recently but I guess it's time to start doing that
>>> again since this is a matter of great importance.”
>>>
>>>
>>> On Tue, Oct 1, 2013 at 4:05 PM, rhodey <rhodey at anhonesteffort.org>wrote:
>>>
>>>> All that myself and others have asked of you is that you provide a bit
>>>> more detailed information about the discussion you had while terminating
>>>> the lease. Your name was on the lease, I believe you have every right to
>>>> terminate the lease in order to remove your name. What I cannot
>>>> understand is why you consider questions regarding the discussion you
>>>> had off topic or offensive.
>>>>
>>>> > For the sake of moving on to the work we have cut out for us - this
>>>> > is my last message addressing this topic.
>>>>
>>>> I'm confused as to how we're supposed to continue onto the work we have
>>>> cut out for us without knowing the details and expectations surrounding
>>>> the termination of our lease. I was not asking "why" did this happen, I
>>>> was (am) asking "what" happened.
>>>>
>>>> I am removing myself from any further discussion regarding the 2141
>>>> location on this mailing list, apologies to those who's feelings were
>>>> hurt.
>>>>
>>>> -- rhodey
>>>>
>>>> On 10/01/2013 03:43 PM, Eddan Katz wrote:
>>>> > This is an extraordinarily unfair thing to say. On so many levels.
>>>> >
>>>> > I'm sorry that I have not articulated myself better. Those who know
>>>> me, know that the message below is unfounded and mean-spirited.
>>>> >
>>>> > For the sake of moving on to the work we have cut out for us - this
>>>> is my last message addressing this topic.
>>>> >
>>>> >
>>>> > sent from eddan.com
>>>> >
>>>> > On Oct 1, 2013, at 3:09 PM, rhodey <rhodey at anhonesteffort.org> wrote:
>>>> >
>>>> > Eddan,
>>>> >
>>>> > You took it upon yourself to terminate SudoRoom's lease in (what I
>>>> > understand to be) a private meeting. Putting the question of whether
>>>> > or not this was agreed on by SudoRoom aside, the very least that you
>>>> > could do is share with us the details of a discussion you had on our
>>>> > behalf.
>>>> >
>>>> > Take a second to realize that although the idea of investing in
>>>> > property is both interesting and financially feasible for you, others
>>>> > may not feel the same or be financially able.
>>>> >
>>>> > -- rhodey
>>>> >
>>>> > On 10/01/2013 02:54 PM, Eddan Katz wrote:
>>>> >>>> I don't think it makes any sense to lump this into one of george's
>>>> >>>> emotional outbursts.
>>>> >>>>
>>>> >>>> as we've all been following closely over this list, the equity
>>>> >>>> crowdfunding provision of the Jobs Act, which went into effect last
>>>> >>>> week on Sept. 23, 2013, enables the distribution of shares outside
>>>> >>>> the traditional infrastructure of approved investors. the changes
>>>> >>>> in the future of capital flow routing around wall st. and the rules
>>>> >>>> surrounding investment cannot be underestimated. by opening up the
>>>> >>>> buying of stocks to us regular folks - with capital investment no
>>>> >>>> longer made unaffordable because of the huge cuts taken by
>>>> >>>> investment bank intermediaries and securities regulations
>>>> >>>> fortifying the status quo - the possibilities for raising capital
>>>> >>>> have just exploded.
>>>> >>>>
>>>> >>>> most interestingly, from my point of view, a collaborative
>>>> >>>> non-hierarchical ownership and management structure becomes
>>>> >>>> feasible in a way that it has never been in economic history.
>>>> >>>>
>>>> >>>>
>>>> >>>> On Oct 1, 2013, at 2:07 PM, Marina Kukso <marina.kukso at gmail.com
>>>> >>>> <mailto:marina.kukso at gmail.com>> wrote:
>>>> >>>>
>>>> >>>>> as far as i know eddan is the only one who has spoken with
>>>> >>>>> george, one of the building's owners, about the co-op
>>>> >>>>> possibility. eddan, can you share any more info about what
>>>> >>>>> exactly george said (my main question is whether this is just
>>>> >>>>> another one of george's idle threat type things that he just says
>>>> >>>>> and never intends to follow through on).?
>>>> >>>>>
>>>> >>>>>
>>>> >>>>> On Tue, Oct 1, 2013 at 12:38 PM, Zee <zee at zeespencer.com
>>>> >>>>> <mailto:zee at zeespencer.com>> wrote:
>>>> >>>>>
>>>> >>>>> I am exceedingly interested in this, and would happily discuss
>>>> >>>>> it further over tea or coffee with other interested parties.
>>>> >>>>>
>>>> >>>>>
>>>> >>>>>
>>>> >>>>> On Tue, Oct 1, 2013 at 12:36 PM, Andrew
>>>> >>>>> <andrew at roshambomedia.com <mailto:andrew at roshambomedia.com>>
>>>> >>>>> wrote:
>>>> >>>>>> I have no idea what the price per sq-ft is. We should find
>>>> >>>>>> that
>>>> >>>>> out. Also
>>>> >>>>>> having the capital isn't really as important as having a small
>>>> >>>>> group who is
>>>> >>>>>> willing to put in the time and resources when necessary to
>>>> >>>>>> make
>>>> >>>>> it happen.
>>>> >>>>>> With good enough credit it would be possible to finance the
>>>> >>>>> space depending
>>>> >>>>>> on the down payment. Or even crowd source the down payment.
>>>> >>>>> There are a lot
>>>> >>>>>> of options if there are people who actually want to it.
>>>> >>>>>>
>>>> >>>>>>
>>>> >>>>>> On Tue, Oct 1, 2013 at 10:57 AM, Hol Gaskill <hol at gaskill.com
>>>> >>>>> <mailto:hol at gaskill.com>> wrote:
>>>> >>>>>>>
>>>> >>>>>>>
>>>> >>>>>>> bump
>>>> >>>>>>>
>>>> >>>>>>> Oct 1, 2013 10:51:46 AM, zee at zeespencer.com
>>>> >>>>> <mailto:zee at zeespencer.com> wrote:
>>>> >>>>>>> Do we have an idea on what the per-sq-ft sale cost is?
>>>> >>>>>>>>
>>>> >>>>>>>> On Tue, Oct 1, 2013 at 10:50 AM, David Keenan
>>>> >>>>> dkeenan44 at gmail.com <mailto:dkeenan44 at gmail.com>> wrote:
>>>> >>>>>>>>> The co-op thing sounds like a very cool idea, except for
>>>> >>>>>>>>> the
>>>> >>>>> fact that
>>>> >>>>>>>>> neither I nor anyone I know has, to my knowledge at
>>>> >>>>>>>>> least,
>>>> >>>>> access to
>>>> >>>>>>>>> the volume of capital that i imagine is required, so
>>>> >>>>>>>>> personally
>>>> >>>>> I'm still a
>>>> >>>>>>>>> bit lost on how one would move forward on such an
>>>> >>>>>>>>> acquisition..?
>>>> >>>>>>>>>
>>>> >>>>>>>>> -d
>>>> >>>>>>>>>
>>>> >>>>>>>>>
>>>> >>>>>>>>> On Tuesday, October 1, 2013, Andrew wrote:
>>>> >>>>>>>>>>
>>>> >>>>>>>>>> I haven't been around all that much, but am I correct
>>>> >>>>>>>>>> to
>>>> >>>>> assume that
>>>> >>>>>>>>>> the current situation is that:
>>>> >>>>>>>>>>
>>>> >>>>>>>>>> 1. Sudo Room's current lease ends Jan 1st 2. George is
>>>> >>>>>>>>>> willing to sell off part of 2141 to a group of
>>>> >>>>> investors?
>>>> >>>>>>>>>>
>>>> >>>>>>>>>> If this is so. Let's talk 2141 Co-Op. Is there anyone
>>>> >>>>>>>>>> on
>>>> >>>>> this list who
>>>> >>>>>>>>>> would be at all interested in owning part of a building
>>>> >>>>>>>>>> in
>>>> >>>>> the middle
>>>> >>>>>>>>>> of Downtown Oakland??
>>>> >>>>>>>>>>
>>>> >>>>>>>>>> Sudo Room or not, this is a great opportunity for a
>>>> >>>>> collective to turn
>>>> >>>>>>>>>> some extremely prime real estate in to a commercial
>>>> >>>>>>>>>> Co-Op.
>>>> >>>>>>>>>>
>>>> >>>>>>>>>> Just wanted to bring attention to this. Thoughts?
>>>> >>>>>>>>>>
>>>> >>>>>>>>>> -- ------- Andrew Lowe Cell: 831-332-2507
>>>> >>>>>>>>>> <tel:831-332-2507> http://roshambomedia.com
>>>> >>>>>>>>>> <http://roshambomedia.com/>
>>>> >>>>>>>>>
>>>> >>>>>>>>> _______________________________________________
>>>> >>>>>>>>> sudo-discuss mailing list
>>>> >>>>>>>>> sudo-discuss at lists.sudoroom.org
>>>> >>>>> <mailto:sudo-discuss at lists.sudoroom.org>
>>>> >>>>>>>>> http://lists.sudoroom.org/listinfo/sudo-discuss
>>>> >>>>>>>> _______________________________________________
>>>> >>>>>>>> sudo-discuss mailing list sudo-discuss at lists.sudoroom.org
>>>> >>>>> <mailto:sudo-discuss at lists.sudoroom.org>
>>>> >>>>>>>> http://lists.sudoroom.org/listinfo/sudo-discuss
>>>> >>>>>>> _______________________________________________ sudo-discuss
>>>> >>>>>>> mailing list sudo-discuss at lists.sudoroom.org
>>>> >>>>> <mailto:sudo-discuss at lists.sudoroom.org>
>>>> >>>>>>> http://lists.sudoroom.org/listinfo/sudo-discuss
>>>> >>>>>>
>>>> >>>>>>
>>>> >>>>>>
>>>> >>>>>>
>>>> >>>>>> -- ------- Andrew Lowe Cell: 831-332-2507 <tel:831-332-2507>
>>>> >>>>>> http://roshambomedia.com <http://roshambomedia.com/>
>>>> >>>>> _______________________________________________ sudo-discuss
>>>> >>>>> mailing list sudo-discuss at lists.sudoroom.org
>>>> >>>>> <mailto:sudo-discuss at lists.sudoroom.org>
>>>> >>>>> http://lists.sudoroom.org/listinfo/sudo-discuss
>>>> >>>>>
>>>> >>>>>
>>>> >>>>> _______________________________________________ sudo-discuss
>>>> >>>>> mailing list sudo-discuss at lists.sudoroom.org
>>>> >>>>> <mailto:sudo-discuss at lists.sudoroom.org>
>>>> >>>>> http://lists.sudoroom.org/listinfo/sudo-discuss
>>>> >>>>
>>>> >>>>
>>>> >>>>
>>>> >>>> _______________________________________________ sudo-discuss
>>>> >>>> mailing list sudo-discuss at lists.sudoroom.org
>>>> >>>> http://lists.sudoroom.org/listinfo/sudo-discuss
>>>> >
>>>> >> _______________________________________________
>>>> >> sudo-discuss mailing list
>>>> >> sudo-discuss at lists.sudoroom.org
>>>> >> http://lists.sudoroom.org/listinfo/sudo-discuss
>>>>
>>>> _______________________________________________
>>>> sudo-discuss mailing list
>>>> sudo-discuss at lists.sudoroom.org
>>>> http://lists.sudoroom.org/listinfo/sudo-discuss
>>>>
>>>
>>>
>>> _______________________________________________
>>> sudo-discuss mailing list
>>> sudo-discuss at lists.sudoroom.org
>>> http://lists.sudoroom.org/listinfo/sudo-discuss
>>>
>>>
>>
>>
>> --
>> -------
>> Andrew Lowe
>> Cell: 831-332-2507
>> http://roshambomedia.com
>>
>>
>
> _______________________________________________
> sudo-discuss mailing list
> sudo-discuss at lists.sudoroom.org
> http://lists.sudoroom.org/listinfo/sudo-discuss
>
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://sudoroom.org/pipermail/sudo-discuss/attachments/20131003/006d80e7/attachment.html>