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Today's BOT Spending Cram Downs

You can bid on the job, Little Man. I suggest you bid $17(1/3rd of the proposed price) million and save PSU some money.




Existing student housing at Abington:

$700 per month per bedroom.......equals a capitalized cost in the neighborhood of 1/3 of the costs in the projects proposed by Mr Dambly. (If you don't understand Real Estate capitalization....ask some patient soul to explain it to you).

What does that mean? 1/2 to 2/3 of the total costs being eaten up in graft.

And these are full blown apartments with Dens, and extra Bathroom, a Fitness Center, etc.

http://abington.psu.edu/apartment-complexes

We offer 10 month leases! The Addison offers some of the area’s most spacious one and two bedroom apartments and townhomes. Our one bedroom apartments have a den, which can double as a study! All of our one bedroom apartments have dens and 1.5 baths. We are seconds from Iron Hill, Whole Foods and Trader Joes and minutes from Target and Montgomeryville Mall. The Addison has a huge pool, fitness center, business center, and resident lounge complete with a pool table and free Wifi! One bedrooms start at $975, Two bedrooms starting at $1265! Our security deposit is as low as $500! Mention you saw us on the PSU Off Campus Housing Site and receive a free application!

Do your homework little man.
 
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Have you ever *been* to Abington?? The area around the campus is pretty fancy. Zillow notes that homes for say in the immediate campus area are $850K, 1.15M, 585K, 725K, 545K, 1.55M, 649K, 925K, 1.36M.

I'm an Ogontz alum, BTW.


He did not even answer the question. I doubt he has ever been there. I know the area too. It is expensive near campus.
 
He did not even answer the question. I doubt he has ever been there. I know the area too. It is expensive near campus.
LOL

How many times do you have to be told.....the cost of the real estate is completely irrelevant.

The project is going on to land already owned by PSU - and is NOT part of the costs of the project.

Seriously......are you old enough to vote?
_____________________________________________

Anyone who wonders why/how Scoundrels get away with so much for so long - and rarely, unless the Scoundres are as dumb as the guys who ran DeLuca, get caught.......
Look at posts by guys like Zwick - and then recognize the frightening reality that he MAY be of average intellectual capacity (ie HALF the folks are dumber than him).

Frightening.
 
I'm getting closer every day. I've said before I may just wake up some morning and finally acknowledge that the Penn State I cared about is but a memory. I grow weary of the constant drumbeat of troubling news emanating from our leadership at nearly every level. My passion for Penn State is running on fumes and I am out of the emotional cash necessary to refuel.


No. It is the same Penn State. The difference is you were not obsessed with the BOT back then. Did you check the prices of dorms back then? Did you even care? Care to post the prices compared to residential housing back then? If you did you would see that public jobs cost more money back then too.

If any of you think PSU is paying too much then why don't you bid on the project?
 
Most of the ones listed on the Abington site are not within walking distance. Some are like being in Boalsberg or Bellefonte. They are trying to get away from having some students commute by car--parking was a bear in 1974 and I can only imagine that it has not gotten any better.

Now personally, I'm sure why colleges are getting into this big push for dorms (tOSU here is now making both frosh and sophs live in dorms and has a massive building campaign going on to address this). Seems to be a new educational theory....

In any case, tOSU's plan will cost them $396M for 3200 beds (Dayton Daily News, Jan 13, 2013). That's about $124K/bed. Ours is 50 mil for 402 beds. About $123K/bed. Hmm. Not much difference. Now it may be that both universities are crooked to the core. But maybe not.

Mind you, we should be skeptical. And we should demand an accounting. But not every single item the university does is 100% wrong. I, myself, was not sure until I ran the numbers.
 
Unfortunatly this is what has become of the entire public proccess it seems, EVERYTHING the government touches just costs wayyyyyy more that it should and we keep going further and further in debt because of it on the local, state and national level. PSU is no exception and it is just plain sad all around. Their is no accountability anywhere!


Who voted for the local, state and national government? The reality is the people that are going in debt voted for them because those same people wanted the handouts that are causing the costs to go up.
 
"Most of the ones listed on the Abington site are not within walking distance. Some are like being in Boalsberg or Bellefonte. They are trying to get away from having some students commute by car--parking was a bear in 1974 and I can only imagine that it has not gotten any better."

Really? How many times are you going to make the argument that the real estate costs would/could/should be higher.......after being informed - repeatedly - that the real estate costs were not even part of the project?

And the OSU project? It involves more than just dorm rooms.....but, of course, you knew that :)
 
Most of the ones listed on the Abington site are not within walking distance. Some are like being in Boalsberg or Bellefonte. They are trying to get away from having some students commute by car--parking was a bear in 1974 and I can only imagine that it has not gotten any better.

Now personally, I'm sure why colleges are getting into this big push for dorms (tOSU here is now making both frosh and sophs live in dorms and has a massive building campaign going on to address this). Seems to be a new educational theory....

In any case, tOSU's plan will cost them $396M for 3200 beds (Dayton Daily News, Jan 13, 2013). That's about $124K/bed. Ours is 50 mil for 402 beds. About $123K/bed. Hmm. Not much difference. Now it may be that both universities are crooked to the core. But maybe not.

Mind you, we should be skeptical. And we should demand an accounting. But not every single item the university does is 100% wrong. I, myself, was not sure until I ran the numbers.


That is a good example but it would be better to compare the project to projects at Temple or West Chester. I would bet Ohio has lower wage rates than Philly. The project at PSU Abington will use the same unions and will have the same wage rates at Temple or West Chester. TU just built a new dorm on Broad which is basically right down the street from PSU Abington. Old York turns into Broad.

Temple's new dorm cost $216 million for 1275 students. It was actually built a couple years ago so the price would be more today. Sounds like PSU BOT is getting a better deal than Temple. TU's new dorm cost 169k/bed.

http://philadelphia.cbslocal.com/20...-highrise-dorm-opens-to-student-rave-reviews/
 
You are right...they are not apples-to-apples comparisons.

Even though both the existing private and proposed Dambly projects are in the same neighborhoods (the proposed Abington project is NOT on Campus....it is on University owned land - ZERO acquisition costs - located off campus. Which, if were not such a lazy dope, intent on spewing ignorant nonsense, you would know....it ain't that hard to research BEFORE you start spewing ignorant opinions):

The non-Dambly projects are much more comprehensive and have many more features.
The non-Dambly projects didn't have FREE land acquisition

So...yes, it is indeed even worse than it looks.


And...since you are so intent to compare to West Chester (but, apparently to damn lazy to actual check the data):

West Chester's last student housing project (just 6 years ago) came in at just under $26,000 per bed ($82 Million for 3,200 beds). About 20% of the costs of the Dambly project.

So....by YOUR preferred comparison...it is EVEN WORSE!!





Stop embarrassing yourself. If you can.


Consider the Mic, dropped.

Even a good cat eventually tires of tormenting dumb mice. :)



Stop making up bogus stats to support your bogus argument. Post a link.

http://www.delcotimes.com/general-n...ibbon-for-new-dorm-at-west-chester-university

It was $47 million for 650 students. I know P. Agnes. If PSU used the same plans then PSU would get the same price adjusted for inflation.
 
Stop making up bogus stats to support your bogus argument. Post a link.

http://www.delcotimes.com/general-n...ibbon-for-new-dorm-at-west-chester-university

It was $47 million for 650 students. I know P. Agnes. If PSU used the same plans then PSU would get the same price adjusted for inflation.
LOL You're not even looking at the same project.

LMAO

http://www.pagnes.com/details-wcu-student-housing.php


The one you linked? It also included the construction of a Health Center, a Counseling Center, and a Fitness Center.....NOT just dorms.

But, of course, you knew that....right? :)

Done with this.....carry on with each other.

Its like playing never-ending "Whack-a-Mole" with these idiotic posturings.
 
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LOL You're not even looking at the same project.

LMAO

http://www.pagnes.com/details-wcu-student-housing.php


The one you linked? It also included the construction of a Health Center, a Counseling Center, and a Fitness Center.....NOT just dorms.

But, of course, you knew that....right? :)

Done with you circle jerkers.....carry on with each other.

Its like playing never-ending "Whack-a-Mole" with these idiotic posturings.

And you've just made *my* ignore list with that. You insult when you don't have the facts on your side. You are no better than the BOT. I noticed you said nothing about my comparison with tOSU project and other facts that others have brought up.

I don't think much of our BOT either, so don't call me an apologist for them. All I want to do is get to the facts and make choices from there. All you want to do is rant. Have at it. But not on my dime.

At some point the ranting has to cease and constructive activity begin. I'm not sure you can.
 
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And you've just made *my* ignore list with that. You insult when you don't have the facts on your side. You are no better than the BOT. I noticed you said nothing about my comparison with tOSU project and other facts that others have brought up.

I don't think much of our BOT either, so don't call me an apologist for them. All I want to do is get to the facts and make choices from there. All you want to do is rant. Have at it. But not on my dime.

At some point the ranting has to cease and constructive activity begin. I'm not sure you can.
Thank You.

and....btw....I did, on your OP, respond with EXACTLY what the differences were between the PSU projects and the OSU projects - including, as I am sure you know - since your postings are so well-informed and logical - that the OSU project included MORE than just the dorms.

Dope.

And, please, keep your "dime". :)
 
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LOL You're not even looking at the same project.

LMAO

http://www.pagnes.com/details-wcu-student-housing.php


The one you linked? It also included the construction of a Health Center, a Counseling Center, and a Fitness Center.....NOT just dorms.

But, of course, you knew that....right? :)

Done with this.....carry on with each other.

Its like playing never-ending "Whack-a-Mole" with these idiotic posturings.



Actually it is the same project, dip chit. If you look at the pics it might even be the same building. The project was multiple phases. Phase one was only 1200 beds. Your numbers are garbage. You are probably listing all the beds on the total project but only the cost of one phase.

PSU will get the same labor rates as WCU and TU. If PSU used the same plans they would get about the same price adjudged for inflation.

Why don't YOU bid the job at Abington?
 
Actually it is the same project, dip chit. If you look at the pics it might even be the same building. The project was multiple phases. Phase one was only 1200 beds. Your numbers are garbage. You are probably listing all the beds on the total project but only the cost of one phase.

PSU will get the same labor rates as WCU and TU. If PSU used the same plans they would get about the same price adjudged for inflation.

Why don't YOU bid the job at Abington?
LOL Try again.....

I even gave you the link

http://www.pagnes.com/details-wcu-student-housing.php


You are still referencing the one with not only dorms, but also the construction of a Health Center, a Counseling Center, and a Fitness Center.....NOT just dorms.

But, of course, you knew that....right? :)

God almighty your idiocy is tiring.

Its like playing never-ending "Whack-a-Mole" with your idiotic posturings.....and now you are recycling the same stupid ones over again. LOL
 
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