Tulsa Club Building - Blight on Downtown Tulsa
January 22, 2009 by cole
Filed under Featured, Real Estate
The historic Tulsa Club building, on the corner of 5th street and Cincinatti, Downtown, Tulsa faces an uncertain future. This beautiful building with a great history and equally great potential sits vacant, graffiti adorned and collects city fines as the owner stubbornly resists all reasonable offers.
The building has been cited for violation of fire, electrical and plumbing codes as well as collapsed ceilings and evidence of trespassing and other possible criminal activity. The city had assessed a $1,000 fine each day since August 2007 until a Tulsa County judge awarded the city a $331,815 civil judgment in October for the unpaid charges.
The current owner, Carl J. Marony, of California picked the property up for around $125k sources say and has not done a thing with it. Rather than put it to good use he has opted to negligently let it sit unattended while homeless people smashed their way in and desecrate the structure.
A neighboring building manager, who opted to stay off the record, shared that he had made numerous attempts to assist the situation. From purchasing the building to forming a partnership, Marony has been quite unreasonable in his opinion. His asking price is said to be $3 million for the building in its current state, which is a huge exaggeration based on the current condition and occupancy in the neighboring buildings.
The building was designed by Bruce Goff, noted Oklahoma architect, for his Art Deco and Modern designs and is highly regarded for its original Art Deco design and downtown location. Built in 1927, it was home to the once prestigious Tulsa Club and Tulsa Chamber of Commerce, who had originally commissioned the project.
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- carl j. marony
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- carl marony of tulsa club building
City Trend: Walkable Urbanism
May 13, 2008 by cole
Filed under Real Estate
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by Cole Cunningham Gen X’ers are speaking out across the nation and setting a new trend towards walkable urbanism – a place you can live, work, shop and play – all within walking distance. This trend has already hit critical mass in cities such as Washington DC., Denver, San Francisco, Chicago and Seattle, which are rated as our country’s most walkable cities. Will Tulsa follow this trend? Tulsans have been living the so-called American Dream for the past 50-60 years. The big house, gas guzzlers in the driveway and a big lawn to mow are part of the low density suburban lifestyle consumers have dictated in the past. But is the American Dream changing? We drive to work, we drive to the grocery store, and we drive to the gym these days. The problems are becoming clearer as developments continue to rise further away from downtown. Effects of sub-urbanism have begun to take their toll on our health and environment, with driving being linked to an increased rate of obesity and greenhouse gas emissions. With pent up demand from Gen X-ers coming into the housing scene, we can shift the tide. What this new demographic wants is largely a walkable urban lifestyle. In fact, national studies suggest that 30-40% of total people want a walkable urban lifestyle, and an even larger percentage of younger generations and empty nesters. And the best part is, with Walkable Urbanism MORE=BETTER. In contrast to sub-urbanism, the more people that join this movement, the better these areas become. As more people move into walkable areas, more restaurants and entertainment venues open making these areas even more attractive and desirable. The tide is turning for Tulsa. Brookside, Cherry Street and downtown are drawing the younger generations in with the convenience of everything in one place. With revitalization of these areas underway, it is apparent there is a healthy and growing demand. Cost of housing in these areas already exceeds the city average, but appreciation is not over, according to national estimations. Chris Leinberger, author of The Option of Urbanism, and authority on the subject says walkable areas command between 40%-200% higher prices than suburban properties (based on $/sq. ft.) nationally. With this in mind our walkable areas are a real bargain. Tulsa is currently subsidizing housing projects all over the city. We need to focus our efforts and invest in the future, urban renewal. Stop social engineering and let the market choose. If we look to more progressive cities and learn from example, we will see that the trend is arriving and we just have to embrace it. |
