Comments on: Positano Developer Struggling to Stay Afloat

By: Union Sucks

Union Sucks — Thu, 01 Jan 1970 00:00:00 +0000

i don’t see union to be competitive in labor cost and they are one of the reason to bring down our big 3 motor companies in US. Union = corruption= high cost= no job.

By: Anonymous

Anonymous — Thu, 01 Jan 1970 00:00:00 +0000

YUK, KB Homes? the Walmart of homebuilders like Citation Homes. Too bad not Shapell, Shea or Centex. Dissappointing.

By: IBEW 595 Member

IBEW 595 Member — Thu, 01 Jan 1970 00:00:00 +0000

B&L should be ashamed of themselves by going from using a union electrical contractor to build homes in Dublin ranch to a nonunion contractor that doesnt even provide the basic benefits to survive.
They might as well build the homes in china and assemble them here for all that I care whats the difference, Corporate greed at work!

By: Greg Tomlinson

Greg Tomlinson — Thu, 01 Jan 1970 00:00:00 +0000

Hi John – Thank you for providing Mayor Sbranti’s clip. I had not previously heard this report and it’s disappointing that the mayor would characterize the developer’s either unwillingness or inability to complete those improvements in those terms by using the words “near bankruptcy”. He could have simply said the developer was “financially unable…” unless it’s widely known that they are clearly near bankruptcy. When you’re in a leadership position such as mayor, you need to be cognizant of the power of your words.

It wouldn’t be too hard to figure out who he was referring to by simply checking with the city to see which developer was responsible for the section of median he references. It may even be in the staff report prepared for council when they made the decision to complete this median.

Since I drive by Fallon Sports Park every day, I’m glad the city is getting it completed. I just hope that people in positions of power use care with their word choices.

By: Bill Schaub

Bill Schaub — Thu, 01 Jan 1970 00:00:00 +0000

OK, I’m in. I have no visibility as to B&L’s current business model. However, the days of sitting on acres of developed lots may be over for some time. For most of my life, developers did not tackle 1500 homes at a time because they could not service the debt on such huge projects given the pace of sales and the need for a ‘balanced building process’. It is fortunate that there are other firms (regardless as to where they got their money) to assimilate some of this debt in this radically different housing market.

B&L and our Staff put together a terrific proposed Fallon Village Community and I for one applaud all of those who made it happen and to those who keep this project moving forward.

Further speculation on any developer’s financial situation is simply that. We need solutions and the Mayor, City Council, and Staff are doing everything they can to meet our goals of a sustainable vibrant community. For me, it is a time to hang together folks.

Thanks to John and team for providing this forum.

Bill