The Expanding Empire of Josh Jeffers

4 thoughts on “Plats and Parcels: The Expanding Empire of Josh Jeffers”

1. MidnightSon says:

   April 2, 2018 at 9:55 pm

   Regarding The Couture, the big elephant in the room is that downtown Milwaukee’s high-end apartment market has softened, especially with quick construction of 7Seventy7 and given cancellation of the Mandel Group’s cancellation of its luxury apartment tower on the Lower East Side.

   While I hope it doesn’t happen, I wouldn’t be surprised is The Couture is “value engineered” during construction, even to the extent of cutting floors.

2. KRalph says:

   April 3, 2018 at 10:10 am

   Not a bad suggestion to eliminate some floors in this monster on the lake.
   Taking 10 floors off would be a good start.

3. trevelyan says:

   April 3, 2018 at 11:44 am

   Unfortunately it doesn’t work that way. Above a certain height level (5-6 stories), it makes more sense for the developer to churn out as many floors as possible to spread out the fixed costs to make the overall economics work. Lopping out 10 floors could likely be a deal killer for the Couture.

4. MidnightSon says:

   April 3, 2018 at 9:07 pm

   Thanks, trevelyan. Totally understand that. We’ll see what happens as the market at the luxury level continues to saturate.