Jump to content

uptownliving

NoDa (N Davidson St Arts District) Projects

Recommended Posts


2 hours ago, 11 HouseBZ said:

Wait so they're calling this UNO?

Might be the apartment complex name UNO at UpNoDa with the motto come north and Up yours!   

Charlotte has a long tradition of neighborhood name stretching  (think Dilworth which keeps marching southward behind Mac's and further south)  

  • Haha 2

Share this post


Link to post
Share on other sites

I assume we'll get a new mural. I liked the last one though. They've been doing renovations on that building for months, idk what the holdup is. It's not even that old?

Share this post


Link to post
Share on other sites

the whole Fat City Condo building is getting new siding and windows after a large assessment looks like it was $6200 per owner.    Ouch. 

  • Thanks 1

Share this post


Link to post
Share on other sites

4 minutes ago, KJHburg said:

the whole Fat City Condo building is getting new siding and windows after a large assessment looks like it was $6200 per owner.    Ouch. 

Even if a person was to get some kind of payment agreement to tack it onto their HOA fees, that's still...

*

giphy.gif

*

... like $517/month for a year? Dang.

Edited by SgtCampsalot
  • Haha 4

Share this post


Link to post
Share on other sites
15 hours ago, KJHburg said:

the whole Fat City Condo building is getting new siding and windows after a large assessment looks like it was $6200 per owner.    Ouch. 

Ooof.  Should have reserved for that one.

Share this post


Link to post
Share on other sites
59 minutes ago, Desert Power said:

Ooof.  Should have reserved for that one.

Was an unexpected problem. My friend lived there and moved out just before construction started. I think most of the units had leaks from shoddy facade work. It wasn't just an age thing that could be planned for in the budget.

Most HOAs are poorly run anyway. I just sold my place in Seigle Point. While it doesn't have any major issues like Fat City Lofts, it does badly need new paint and new roofs are needed as well. I know painting was quoted at $70,000 to the HOA manager. We had approximately $30,000 in reserves as of January...that's not even enough to draw out of to make major repairs because lenders require a certain level of reserves before they'll lend to new prospective buyers.

Share this post


Link to post
Share on other sites
43 minutes ago, Niner National said:

I think most of the units had leaks from shoddy facade work.

This seems to be endemic among the post-recession multi-family in town -- more buildings than not have needed facade rebuilds in Southend over the past decade. Its happening now at 1100 South and recently finished up (well, maybe a year ago) at Mosaic as well as several other buildings.

I know nothing about commercial construction, but as a homeowner / property manager who has completed my share of heavy DIY, I would assume that any properly maintained siding that isn't waterproof for 20+ years is due to incompetent builders.

Edited by kermit
  • Like 1

Share this post


Link to post
Share on other sites
1 hour ago, Niner National said:

Was an unexpected problem. My friend lived there and moved out just before construction started. I think most of the units had leaks from shoddy facade work. It wasn't just an age thing that could be planned for in the budget.

Most HOAs are poorly run anyway. I just sold my place in Seigle Point. While it doesn't have any major issues like Fat City Lofts, it does badly need new paint and new roofs are needed as well. I know painting was quoted at $70,000 to the HOA manager. We had approximately $30,000 in reserves as of January...that's not even enough to draw out of to make major repairs because lenders require a certain level of reserves before they'll lend to new prospective buyers.

Yeah, I actually looked at Seigle Point but went with a different community 7 years ago.  The HOA I joined was in the middle of building up reserves which has been very good for us.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...

Important Information

By using this site you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.