Lyle is buying.

OH good!!

Maybe the occulancy of that space will increase the values of all surrounding propeties in the area as was the reason why the Village of Shorewood GAVE almost $400,000 to the apartment building across the street for Harleys buildout/rent and building improvments which were supposed to total $1,200,000,

Funny thing is, that building just sold in May for %1,500,000 and Dan Katz is listed as the agent for the new LLC for that property.

The taxes paid on that property have dropped from $79,000 to $39,000 for the current year. The property was purchased ~06 for $3,200,000 + $1,200,000 improvements ($400,000 courtesy of Trustees) and now is assessed at the purchase price of $1,500,000.

A little explanation on that one would be nice.

Someone got a hell of a deal and the taxpayers put in $400,000.

BTW, is this business going to be on the receiving end of more village monies?

If so, how much?

BTW..For anyone interested here is the Village Assessors page for 3575 N Oakland/Harley's that includes assessments + sales dates.

Year Assessed Land Class Land Improvement Total
2012 Commercial $666,700.00 $ 833,300.00 $1,500,000.00
2011 Commercial $666,700.00 $2,133,300.00 $2,800,000.00
2010 Commercial $666,700.00 $2,133,300.00 $2,800,000.00
2009 Commercial $666,700.00 $2,833,300.00 $3,500,000.00
2008 Commercial $666,700.00 $2,833,300.00 $3,500,000.00
2007 Commercial $666,700.00 $2,818,300.00 $3,485,000.00
2006 Commercial $287,200.00 $2,045,000.00 $2,332,200.00
2005 Commercial $287,200.00 $2,045,000.00 $2,332,200.00
2004 Commercial $287,200.00 $2,045,000.00 $2,332,200.00
2003 Commercial $287,200.00 $2,045,000.00 $2,332,200.00
2002 Commercial $287,200.00 $2,045,000.00 $2,332,200.00

What's ironic is Dan Katz is now the same landlord that Harley's had and raised the rents so high that Harley's had to move.

What prevents Katz from raising the rents since the space has been tricked out w/ $192,000 in free monies from the village?

To be a fly on the wall.

OWNERSHIP HISTORY
Sale Date Amount
6/15/2012 $1,500,000.00
6/30/2006 $3,485,000.00

It would be interesting (sort of) to do a tally of the number of pizza places within a 1-1/2 - 2 mile radius of UWM. Either the amount of pizza consumed by UWM students is limited only by the number of pizza sellers in the area, or a couple of these newer establishments are going to be in and out of business relatively quickly. It's a very price sensitive market when it comes to students on a limited budget and I'm pretty sure it's not a business with extraordinary margins in the first place. How quickly (if at all) is this latest place going to be able to recover the "lot of money" they intend to invest in the facility to make it operational?

Has anyone noticed that the Planning Commission had to issue a Conditional Use Permit for this place !!!

I believe that is because they are Take out and Delivery Only, with no seating or eating inside.

If they were a restaurant, i believe that is an accepted use and does not require any conditional use.

We all know that Shorewood has a parking problem -- so where is the logic that a business that does not require a lot of parking --- 5 minutes to pickup, none if delivery -- needs a conditional use permit ---- but a restaurant which requires much longer parking --- avg hour for eat in ???? does not need one.

This is one of the little ways that Shorewood is a pain for businesses --- they will hand out money like crazy, but put the little obstacles in the path of enterprise.

I really wish someone would open a good, authentic mexican restaurant around here. Pizza is pizza and one tastes no better than the other in my opinion. I agree with Bob McBride, some of these are going to be out of business really soon.

I'm still wondering what happened to Mama Mia's. I moved here 10 years ago and Mama Mia's was always my favorite. Then all of a sudden, they're gone. What's the story? If they couldn't make money in that location, no one else will either.

Absolutelyfabulous

8:50 am on Thursday, November 29, 2012

I thought that Mama Mia's (Silver Spring and Shorewood location) were run by a man or as part of a family enterprise. Why? Because a couple of years ago he and I were in discussions for a space w/ his goal/intentions of him leaving the Shorewood location on Oakland. That never materialized and I don't know how serious he was at the time. I don't remember his name, but it was the owner.
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When I was in discussions w/ the owner of Oakland Mama Mia's I had called over to the Silver Spring location to speak w/ him there. He wanted to beat a fast track out of his Oakland location and was looking around.

Also, when you go into Mama Mia's on Silver Spring in the take out area as well as in the pick up counter area on Oakland as well as featured on the website for the Port Washington location (see link above) they have/had the same photos of the family on the wall.

And 1 more..

Just compare the menus from Silver Spring & Port Washington. Here's the Party Pan/Catering Menus from both. Same people.

Silver Spring
http://www.partypan.com/cateringPartyPan.html

Port Washington
http://www.mamamiasport.com/catering/