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Real Estate Amateur Hour Continues

Double-barreled incompetence is when you waste tens of millions of dollars on a building and still end up with a second-rate structure. The Hanover Inn is the star witness for the prosecution of that proposition, but the Black Arts Center comes in a close second. The building has only been open a few months now, and lo, but did I not detect rust on the zinc flashing during a recent driveby?

Black Rust2.jpg

Wrong again. A little investigation revealed that the zinc is not to blame; the culprit is the rust-colored slate of the building’s façade that is bleeding down its face. The experts’ supposition is that the builder did not seal the stone properly.

Black Rust.jpg

Where is Howard Roark when we need him?

Addendum: The College’s construction projects over the past several years have been a scandal. President Hanlon should appoint an outside expert to do an independent study of how the College has wasted tens of millions of dollars on often poorly designed and built structures. Given that there are several hundred million dollars of new construction projects in the offing, fully understanding the reasons for the waste and over-payments should be a top priority.


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