Hi Sudo folk.
Happy Holidays. Hope everyone's getting some quality time with friends and family. and
Happy New Year to those of you already heading off somewhere for vacation.
2141 Broadway
Looking ahead to 2014, this email is about buying and rental possibilities for the current
building 2135-2143 Broadway with actual numbers. If you'd like to get in touch with
the landlords directly, you can email Laurie Cooperman Rosen at lscoop(a)comcast.net; or
call George Rosen at 510-504-4259.
I wanted to update everyone on a meeting Matt & I had with the landlord earlier this
month about the possibilities regarding renting/selling/co-op equity of the building where
Sudo Room and the Bay Area Public School are currently located. Matt - please correct any
of the information that I may have missed or gotten wrong in the inset text below.
Since the Bay Area Public School and Sudo Room may (or may not) imminently be moving to
the Omni or other location, a new list has been created to further discussion and
coalition-building that will continue to take place in the current space at
http://lists.sudoroom.org/listinfo/hall. This proposal, to be very clear, does not and
will not interfere with any of those plans to move nor with plans to stay at the current
location decided by the collective of collectives.
Below are the notes regarding how much the southern section of the 2143-2145 Broadway have
been rented for in the past, how much they're willing to rent each room individually,
the whole floor as a whole, and a graduated occupancy/rate proposal that gives time to
attract other potential collaborators visiting the space, and getting a reduced price for
the rental of that whole section of $6,500/month for 3 months. Otherwise, according to the
proposal discussed, rental of the floor will go up to the market rental price of $8,500 at
the end of that 3 months. The other option that has been discussed is putting together a
co-op sale where groups and individuals can buy equity in that section of the building,
either as a real estate transaction, or as crowd-funding equity shares. Group and
individual ownership will participate in any profits and in the governance of the
building.
Peer Production / Sudo Hall
The resulting community will be provisionally called Peer Production. In order to honor
the pivotal role that Sudo Room and the other people that first moved into this building
have accomplished for the community, the proposed discussion list will be called Sudo
Hall. It will also be a priority of the Peer Production project to reach out to the
innovative and inspiring stories of the other tenants that are already in the building -
including Sound Room, Uptown Kitchen, Yummmeee, and the Pan Theater, among others.
In terms of values, integrating with the community we're in and remaining inclusive to
attract a broad spectrum of types of people will take priority over political posturing
and ideological orthodoxy. The community invitation to join is intended to be welcoming to
for-profit, non-profit, small partnership, crowd-fund equity start-up, cooperative
corporation, and any other structure under which people best think they can get done what
they want to achieve.
The objective of Peer Production {Sudo Hall} still aspires to the core of Sudo Room's
early description:
Doing stuff together to make our community more openly accessible.
Peer Production, I believe, is the common thread of the innovative and socially conscious
projects that have emerged.
If you'd like to talk about this further or just find out what's going on - you
can join the Sudo Hall mailing list at
http://lists.sudoroom.org/listinfo/hall. We'll
take it offline from the sudo-discuss list, but I just wanted to let folks know that this
discussion just got started. First order of business is getting more photos and more data
about the place. Sudo Room has started a good page at
https://sudoroom.org/wiki/2141_Broadway and hopefully there can be more valuable and
useful information that will be available through Peer Production and Sudo Hall.
2135-2143 Broadway
Dec. 6, 2013. 5pm.
George Rosen.
Matt Senate.
Eddan Katz.
----
Sudo-Hall
University used to pay $14,000 for the whole floor.
EBMC paid $6,500. 8% annual increase.
Sudo Room. $1500
Robert. $1,000
Dance Studio. $1,100
Public School. $950.
Room next to it. $950.
Yellow Room $2,500.
Corner Room. $2,200. (access to roof).
total now at $8,500.
willing to do $6,500.
----
extra notes
building $5.3 million.
1.2 million fees.
Buy - income stream. $4 million for whole building.
losing $65,000 per year by them being empty.
$1 million selling price for Sudo Hall wing.
Need to do pictures of rooms. & sq. ft.
send photos.
Non-profit rental.
$6,500 x 3 mos.
whole floor - to start with - $13,000.