[sudo-discuss] 2141 Broadway Co-Op?

Tue Oct 1 16:54:57 PDT 2013

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
>>> >
>>> >> _______________________________________________
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>>>
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>>
>>
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>>
>
>
> --
> -------
> Andrew Lowe
> Cell: 831-332-2507
> http://roshambomedia.com
>
>
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