The $1.6 billion redevelopment of Quincy Center will include a mix of residential, commercial and retail uses. I have the Adams Family on the brain. Not the gothic, quirky, lovable 1960s television family currently being portrayed on Broadway, but the respected, patriotic and historic family of John, John Quincy and their wives Abigail and Louisa.

My obsession comes from being neck-deep in the electrifying 3.5-million-square-foot, mixed-use revitalization of downtown Quincy, the birth place and burial site of those two former Presidents.

But get this, a little Google search reveals that Charles Addams, the creator of the sitcom “Addams” family is a distant relation to the presidential “Adams” family. It’s true, look it up. Well, that tie-in got me thinking. I recalled all of the swashbuckling, arm-kissing, electrical charges and other idiosyncrasies of Gomez, Morticia, Uncle Fester and the remaining family members and realized that it’s not a stretch to link that “kooky” family to this line of work we call real estate development.

Think about it: When your commercial mortgage broker recently told you that the CMBS market was flowing again, albeit moderately, tell me that you didn’t want to start kissing up his or her arm? Morticia has to speak French to get Gomez to do that, but in any language, a renewed stream of real estate capital gets my lips puckered up. After all, in the next couple of years my firm will be out to the private debt markets matching up our recently secured $289 million in public funding with conventional private real estate debt.

Quincy_Plaza Watercolor_sm_twgExtra Hand Needed

And, of course, Gomez is extremely wealthy, with little regard for money, and we have very little understanding of how he made his fortunes. Yet, he is charming, well-dressed and we are innately jealous of the man. If that doesn’t spark my feelings for every successful hedge fund manager who seemingly makes their living easier than this enduring developer, then I don’t know what does.

How about “Thing?” As the guy in charge of day-to-day management of the planned $1.6 billion revitalization of Quincy Center, I sure could use another hand.

Sure, Thing has his limitations and is mostly confined to a cigar box, but with today’s need for social media updates on every tenant we are signing in Quincy, I am sure Thing could take care of a Tweet or two for me.

Another Addams family staple, Uncle Fester, has me dreaming of the opportunistic possibilities of energy-savings. With our focus in Quincy on alternative fuels and sustainable energy, I am frustrated by not being able to explore Uncle Fester’s ability to illuminate a light bulb in his mouth. As I petition the federal government for funding to provide infrastructure as a basis for more than 1 million square feet of LEED-certified office space, in lockstep with President Obama’s “Green” initiative, I am longing for the chance to get my hands on that pudgy devilish creature and harness some of his mythical energy.

Jeffrey S. LevienIt may be easier, however, to uncover the secret of an electrical charge processed from a fictional character than it will be to obtain funding from a government that can’t agree on a budget.

Finally, if I am making my list of Addams family parallels and wishes, it wouldn’t be so bad to have access to Cousin It’s flowing locks. Heck, five years in the trenches of a billion-dollar, game-changing urban reshaping has done nothing for my hairline.

 Jeffrey S. Levien is senior director of development for Street-Works Development, White Plains, N.Y. Email: jlevien@street-works.com

 

Real Estate Folk: They’re Crazy And They’re Kooky

by Banker & Tradesman time to read: 2 min
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