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Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Sat Mar 27, 2021 12:26 am
by WoodDraw
That’s close to what I negotiated at my place when they started leasing. I have no idea why they wouldn’t match. It’s a nice place.
They really fucked up the roof.
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Sun Mar 28, 2021 1:00 am
by normalthings
Chris Stritzel wrote: ↑Fri Mar 26, 2021 2:44 pm
80 apartments are available out of 132. So about 40% of the building is leased at this point.
Thats a big uptick since the winter months yea?
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Sun Mar 28, 2021 1:47 am
by Chris Stritzel
normalthings wrote: ↑Sun Mar 28, 2021 1:00 am
Chris Stritzel wrote: ↑Fri Mar 26, 2021 2:44 pm
80 apartments are available out of 132. So about 40% of the building is leased at this point.
Thats a big uptick since the winter months yea?
Seems like it’s a nice uptick. May be the result of some rent specials and the fact that typically Spring is when people are looking at rent apartments or buying homes and condos.
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Tue Apr 13, 2021 7:37 pm
by normalthings
Chris Stritzel wrote: ↑Fri Mar 26, 2021 2:44 pm
80 apartments are available out of 132. So about 40% of the building is leased at this point.
72 available now. 45.5% leased.
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Tue Apr 13, 2021 8:58 pm
by Anthony_Hugo98
normalthings wrote: ↑Tue Apr 13, 2021 7:37 pm
Chris Stritzel wrote: ↑Fri Mar 26, 2021 2:44 pm
80 apartments are available out of 132. So about 40% of the building is leased at this point.
72 available now. 45.5% leased.
Getting there. Slowly.
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Fri May 21, 2021 4:36 am
by normalthings
normalthings wrote: ↑Tue Apr 13, 2021 7:37 pm
Chris Stritzel wrote: ↑Fri Mar 26, 2021 2:44 pm
80 apartments are available out of 132. So about 40% of the building is leased at this point.
72 available now. 45.5% leased.
61 units open. 54% leased. 5-6 months away from full lease out? That would put Reverb at a 12 month lease-up.
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Fri May 21, 2021 4:53 am
by WoodDraw
normalthings wrote: ↑Fri May 21, 2021 4:36 am
normalthings wrote: ↑Tue Apr 13, 2021 7:37 pm
Chris Stritzel wrote: ↑Fri Mar 26, 2021 2:44 pm
80 apartments are available out of 132. So about 40% of the building is leased at this point.
72 available now. 45.5% leased.
61 units open. 54% leased. 5-6 months away from full lease out? That would put Reverb at a 12 month lease-up, pretty good.
They lowered their entry prices pretty significantly.
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Fri May 21, 2021 8:24 am
by earthling
Lease rate seems pretty low compared to others downtown, and it's close to streetcar stop.
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Sun May 23, 2021 6:09 pm
by Chris Stritzel
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Sun Jun 13, 2021 10:34 pm
by normalthings
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Sun Jun 13, 2021 10:46 pm
by normalthings
41 available of 132. 69% leased
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Mon Jun 14, 2021 11:20 am
by wahoowa
nice
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Tue Jun 15, 2021 10:33 am
by Anthony_Hugo98
Went to the Mercury room last night with the wife. Probably one of the more solid cocktail experiences I’ve had in town. The drinks were absolutely divine, with some of the highest quality alcohol I’ve had. The view is actually better than I thought it would be. While the price is steep, as it’s a $30 deposit per person in your group, that deposit covers your first round of drinks, so if you only have one round, you don’t need to come any further out of pocket. Not a daily watering hole by any means, but for special occasions I HIGHLY encourage it!
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Tue Jun 22, 2021 8:05 am
by smh
Anthony_Hugo98 wrote: ↑Tue Jun 15, 2021 10:33 am
Went to the Mercury room last night with the wife. Probably one of the more solid cocktail experiences I’ve had in town. The drinks were absolutely divine, with some of the highest quality alcohol I’ve had. The view is actually better than I thought it would be. While the price is steep, as it’s a $30 deposit per person in your group, that deposit covers your first round of drinks, so if you only have one round, you don’t need to come any further out of pocket. Not a daily watering hole by any means, but for special occasions I HIGHLY encourage it!
Does this mean the drinks are $30 each?
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Tue Jun 22, 2021 8:30 am
by Anthony_Hugo98
smh wrote: ↑Tue Jun 22, 2021 8:05 am
Anthony_Hugo98 wrote: ↑Tue Jun 15, 2021 10:33 am
Went to the Mercury room last night with the wife. Probably one of the more solid cocktail experiences I’ve had in town. The drinks were absolutely divine, with some of the highest quality alcohol I’ve had. The view is actually better than I thought it would be. While the price is steep, as it’s a $30 deposit per person in your group, that deposit covers your first round of drinks, so if you only have one round, you don’t need to come any further out of pocket. Not a daily watering hole by any means, but for special occasions I HIGHLY encourage it!
Does this mean the drinks are $30 each?
Yeah, they have another option where it’s like $85 and you get 4-5 different drinks prepared like a flight. They’re definitely catering to a specific market with this place
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Tue Jun 22, 2021 3:30 pm
by smh
Anthony_Hugo98 wrote: ↑Tue Jun 22, 2021 8:30 am
smh wrote: ↑Tue Jun 22, 2021 8:05 am
Anthony_Hugo98 wrote: ↑Tue Jun 15, 2021 10:33 am
Went to the Mercury room last night with the wife. Probably one of the more solid cocktail experiences I’ve had in town. The drinks were absolutely divine, with some of the highest quality alcohol I’ve had. The view is actually better than I thought it would be. While the price is steep, as it’s a $30 deposit per person in your group, that deposit covers your first round of drinks, so if you only have one round, you don’t need to come any further out of pocket. Not a daily watering hole by any means, but for special occasions I HIGHLY encourage it!
Does this mean the drinks are $30 each?
Yeah, they have another option where it’s like $85 and you get 4-5 different drinks prepared like a flight. They’re definitely catering to a specific market with this place
I mean that's more than a Manhattan rooftop bar. Wild.
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Mon Jul 19, 2021 2:23 pm
by Riverite
Looks to be 34 available out of 132 units open, 74% leased
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Mon Jul 19, 2021 2:24 pm
by Riverite
Is copaken open to another high rise in the crossroads once this is leased up?
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Mon Jul 19, 2021 2:40 pm
by normalthings
Seems like both towers had Development partners and both had some leasing struggles. Reverb appears to be doing far better than Arterra so far though. Arterra felt like it just opened quietly. Not much fan fare or communication.
Re: OFFICIAL - Reverb (1800 Walnut)
Posted: Mon Jul 19, 2021 9:54 pm
by DaveKCMO
Riverite wrote: ↑Mon Jul 19, 2021 2:24 pm
Is copaken open to another high rise in the crossroads once this is leased up?
I don't think they
own anything else in the Crossroads, so probably not. Remember that Arterrra was reconstituted from a pre-recession (condo?) project. Do you think they would pay current Crossroads land prices for another multifamily or office project? Perhaps they would if they had an investor or partner like Reverb (Burns & Mac) or Corrigan (3D).
We really should focus on getting Price Bros. to develop that vacant lot at 19th & Grand, which they apparently paid $132 psf for -- a new Crossroads record.
