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<p class=MsoNormal><span class=EmailStyle15><font size=3 color="#003300"
face="Book Antiqua"><span style='font-size:12.0pt;font-family:"Book Antiqua"'><a
href="http://www.baltimoresun.com/business/realestate/bal-te.md.struever19aug19,1,3817534.story?coll=bal-local-headlines">http://www.baltimoresun.com/business/realestate/bal-te.md.struever19aug19,1,3817534.story?coll=bal-local-headlines</a><o:p></o:p></span></font></span></p>
<p class=MsoNormal><span class=EmailStyle15><font size=3 color="#003300"
face="Book Antiqua"><span style='font-size:12.0pt;font-family:"Book Antiqua"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span></font></span></p>
<p class=MsoNormal><b><font size=5 color=black face=Arial><span
style='font-size:18.0pt;font-family:Arial;color:black;font-weight:bold'>On St.
Paul Street, holding his ground<o:p></o:p></span></font></b></p>
<div style='border:none;border-bottom:solid #999999 1.5pt;padding:0in 0in 4.0pt 0in'>
<p class=MsoNormal style='mso-line-height-alt:13.2pt;border:none;mso-border-bottom-alt:
solid #999999 1.5pt;padding:0in;mso-padding-alt:0in 0in 4.0pt 0in'><i><font
size=4 color=black face=Times><span style='font-size:14.0pt;font-family:Times;
color:black;font-style:italic'>Charles Village: One man won't sell his rental
property to a developer who needs the block. <o:p></o:p></span></font></i></p>
</div>
<p class=MsoNormal style='line-height:13.2pt'><b><font size=2 color="#666666"
face=Verdana><span style='font-size:11.0pt;font-family:Verdana;font-variant:
small-caps;color:#666666;font-weight:bold'><span style='mso-bidi-font-size:
12.0pt'>By Scott Calvert</span></span></font></b><b><font size=3 color="#666666"
face=Verdana><span style='font-size:12.0pt;font-family:Verdana;font-variant:
small-caps;color:#666666;font-weight:bold'><o:p></o:p></span></font></b></p>
<p class=MsoNormal style='line-height:13.2pt'><b><font size=2 color="#666666"
face=Verdana><span style='font-size:11.0pt;font-family:Verdana;font-variant:
small-caps;color:#666666;font-weight:bold'><span style='mso-bidi-font-size:
12.0pt'>Sun Staff<o:p></o:p></span></span></font></b></p>
<p class=MsoNormal style='line-height:13.2pt'><font size=2 color="#666666"
face=Verdana><span style='font-size:11.0pt;font-family:Verdana;font-variant:
small-caps;color:#666666'><span style='mso-bidi-font-size:12.0pt'>Originally
published August 19, 2004<o:p></o:p></span></span></font></p>
<p class=MsoNormal><font size=2 color=black face="Century Schoolbook"><span
style='font-size:11.0pt;color:black'><span style='mso-bidi-font-size:12.0pt'>C.
William Struever is one of Baltimore's shrewdest, most successful developers.
Daniel F. Jackson Jr. is a Pasadena man who owns a handful of rental
properties. </span></span></font><font color=black face="Times New Roman"><span
style='font-family:"Times New Roman";color:black'><o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>That's because Jackson owns a <a
href="http://www.baltimoresun.com/entertainment/visitor/bal-guide-charlesvillage.htmlstory">Charles
Village</a> rowhouse needed by Struever to develop a key part of the $150
million College Town dorms, shops and condominiums in North Baltimore near the <a
href="http://www.baltimoresun.com/entertainment/visitor/college/bal-hl-hopkins.story">Johns
Hopkins University</a>. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>But Jackson - unlike others who have made big profits by selling
nearly identical rowhouses to Struever for up to $400,000 - has declined to
sell, and nobody can make him. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>Critics say he is greedy to seek a reported $1.5 million on a
block where houses went for $100,000 just four years ago. Jackson insists he
wants only a "decent" deal and is unmoved by pleas to sell in time
for a planned October groundbreaking. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>"It's not my problem," said Jackson, 56, who grew up in
Hamilton. "It's as simple as this: Like the movie Tom Cruise is in, 'Show
me the money.' Let's get the deal done; stop playing games." <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>This may not quite be David and Goliath, but the standoff shows
how a little guy can trip up major developers when they don't have the muscle
of the city's eminent domain acquisition power behind them. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>Although Struever quietly bought some houses in the 3200 block of
St. Paul Street in 2000, his plans went public in 2002, driving up prices as
other owners on the block have sold - leaving only Jackson. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>"He's the last remaining property owner," said Dominic
Wiker, a College Town development director for Struever Bros. Eccles &
Rouse Inc. "We'd just like this situation to be resolved." <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>Neither Wiker nor Jackson would discuss details, but area resident
Sandra Sparks said Wiker told her Jackson has sought $1.5 million. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>"He's way, way, way out of line. It's just pure greed,"
said Sparks, who runs the design committee for a body that guides development
in North <a
href="http://www.baltimoresun.com/entertainment/visitor/bal-guide-charlesvillage.htmlstory">Charles
Village</a>. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>She and others say area residents support the project, which could
energize a stretch long considered sleepy for a college district. Now, the
longer Jackson holds out, they say, the longer they will have to endure
rowhouses that - except for Jackson's - sit vacant. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>"We're sitting here watching something not happen until they
reach an agreement where [Jackson] doesn't feel anything has been stolen and
[Struever and his staff] don't feel they have been gouged," said Janet
Levine, executive director of the <a
href="http://www.baltimoresun.com/entertainment/visitor/bal-guide-charlesvillage.htmlstory">Charles
Village</a> Community Benefits District. "There is that middle
ground." <o:p></o:p></span></font></p>
<p><SUBHED><b><font size=4 color=black face="Times New Roman"><span
style='font-size:13.5pt;color:black;font-weight:bold'>Work starting </span></font></b><font
color=black><span style='color:black'><o:p></o:p></span></font></p>
<p></SUBHED><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt;color:black'>On the north side of 33rd Street, Hopkins
- with Struever as developer - is preparing to raze an old parking garage and
two buildings to make way for student dorms with 618 beds and a Barnes &
Noble bookstore at ground level. That is a $75 million piece of College Town. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>But Hopkins already owned that property. On the south side of 33rd
Street, Struever aims to finish College Town on the 3200 block of St. Paul,
linking 33rd to an existing row of stores and restaurants in the 3100 block.
First, though, he has had to buy the majority of both sides of the block. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>On the west side of St. Paul, the $50 million plan calls for 82
condominiums geared toward empty-nesters, street-level retail and a 575-car
garage tucked behind new buildings. Parking revenue bonds of $9 million and
part of a $9.9 million infusion from the city are to be used for the garage. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>Property records show that Struever owns all 10 rowhouses on that
side of St. Paul. Wiker said progress is being made on buying two buildings at
the southwest corner of St. Paul and 33rd, where Hopkins fraternity members live.
University Mini Mart and a florist occupy the ground floor. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>On the east side of St. Paul - which includes Jackson's property -
Struever wants to knock down 15 rowhouses and erect a five-story building with
shops and restaurants on the first floor and 68 condominiums on upper floors,
plus 95 parking spaces out back. That portion will cost over $20 million, Wiker
said. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>Today, plans for the east side of the block could receive final
approval from the city's Design Advisory Panel. But no work can start there
until Jackson sells his house, the fourth one from 32nd Street. Three tenants
still live there. <o:p></o:p></span></font></p>
<p><SUBHED><b><font size=4 color=black face="Times New Roman"><span
style='font-size:13.5pt;color:black;font-weight:bold'>Buying quietly </span></font></b><font
color=black><span style='color:black'><o:p></o:p></span></font></p>
<p></SUBHED><font size=3 color=black face="Times New Roman"><span
style='font-size:12.0pt;color:black'>In the beginning, Struever took a page
from Walt Disney and James W. Rouse, who quietly amassed tracts for Disney
World and Columbia. Struever used two entities, Harris Hill LLC and Homeland
Development, to buy several houses for $90,000 to $125,000. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>After word spread, some owners got $250,000 apiece for their
houses. In June, the second-to-last holdout raised the bar to $400,000 for his
place. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>Jackson said he is not blocking the project for the sake of
blocking it. He thinks College Town could be "real good" and said he
has nothing against Struever. But he also said Struever's team insulted him
over the past two years. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>"I don't know if they think I'm stupid or what," Jackson
said Tuesday night in a phone interview. "I have rental properties as a
business." <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>(It is not clear what he paid for his St. Paul Street house in
1972, but similar houses in the area typically sold then for $10,000 to $15,000.
He owns seven other rental properties in Baltimore.) <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>Wiker, of Struever Bros., says the company has treated every
property owner fairly. "How could he be frustrated?" he said. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>Once, Jackson said, Bill Struever was "crying poor man"
by claiming he could not pay what Jackson asked. Jackson said he told him,
"I don't think you're losing money." Struever did not return a
message left yesterday. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>Another time, Jackson said, Wiker told him the city would condemn
his house if he didn't sell - something Jackson said he quickly learned was
false because the city decided early on not to use its condemnation power on
the project. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>"Never happened," Wiker said. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>Struever's latest proposal has an unacceptable
"wrinkle," Jackson said. As soon as an initial contract is signed,
Struever would gain control of the alley and two parking spaces behind the
house, rather than after final settlment, as usually happens. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>Jackson said two people have approached him recently offering to
buy the house so that they could square off against Struever. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>"I may just sell to them and let them worry about it,"
he said. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>Asked whether he might sell directly to Struever, he said,
"Possibly." <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>Wiker said that if Jackson doesn't sell, there is no practical way
to build around his house, as an <a
href="http://www.baltimoresun.com/travel/beaches/bal-beach-atlanticcity,0,6207913.htmlstory">Atlantic
City</a> casino once did when a homeowner declined to sell. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>M.J. "Jay" Brodie, president of Baltimore Development
Corp., the city's development arm, said, "I trust Mr. Struever and his
investors will persevere and find some way to purchase that property, if the
project is to go ahead as presently designed." <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>Brodie said the city decided years ago that the private sector
would have to "buy everything they needed" on this project. <o:p></o:p></span></font></p>
<p><font size=3 color=black face="Times New Roman"><span style='font-size:12.0pt;
color:black'>He said, "I would have my architects look and see if this
gentleman could be left in place." <o:p></o:p></span></font></p>
<p class=MsoNormal><span class=EmailStyle15><font size=3 color="#003300"
face="Book Antiqua"><span style='font-size:12.0pt;font-family:"Book Antiqua"'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span></font></span></p>
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