Bethlehem Silk Mill work may begin soon

Bethlehem Silk Mill work may begin soon

There are 19 comments on the The Morning Call story from May 5, 2008, titled Bethlehem Silk Mill work may begin soon. In it, The Morning Call reports that:

More than two years after flames ravaged the 120-year-old Bethlehem Silk Mill, the renovated mill could reopen as a 50-condominium development by December.

Join the discussion below, or Read more at The Morning Call.

honest abe

Allentown, PA

#1 May 5, 2008
$129,000? good luck when they somehow "forget" you have to pay the condo fees to keep up the building after the developer is gone.
sort of like the idiots who bought homes the past two years where they plead stupid after the fact.
people are not going to change. they think by having a "convenient" memory that things just go away....
if pektor with his resources thinks its a bad idea at this time, what does honest abe think he is going to do different?
No No

Reading, PA

#2 May 5, 2008
Abe's a smart guy. Good luck with the project. Bethlehem needs affordable housing. I will be in line to buy a condo for 129k.
Southside Homie

United States

#4 May 5, 2008
A condo for 129k is a steal and a smart move. I hope it all works out and does some good for the hood.
Billy Givens

United States

#5 May 5, 2008
Abe sold his Cinema Paradiso in Easton to Lou Pektor, who then sold Easton Mayor Phil Mitman and his planning department on Lou's "the Majestic" luxury condos on S. 3rd St.

Lou named the Majestic after the Majestic Real Estate Company of Los Angeles, California.

This company used its political connections with Bethlehem and Lehigh Valley Industrial Parks Inc. officials to transfer former Bethlehem Steel Corporation property to Pektor for the development of his Riverport luxury condos in the Lehigh River flood plain.

Lou needed this helping hand because the deal between Majestic Realty to buy the property from its owner billinaire Indian native Lakshmi Mittal had gotten bogged down (no pun intended).

The deal was sunk by issues like the cost of remediating the property's contaminated soil and the fact that the property lies within the 100-year flood plain.

Lou has now returned a host of political favors by selling the silk mill so that Bethlehem and the LVIP can get on with their development of luxury condos in a still-sinking real-estate market.

“Cool Logic - Burning Passion”

Since: Feb 07

Location hidden

#6 May 5, 2008
Here's another project for the MCall cub reproters...follow the money trail on this one... For some reason all of these relationships between all of the principals seems to stink. Just a hunch.

Who will do the legwork? Maybe someone at the MCall can learn to write something more than just puff pieces or take feed off of the wire from the AP...

Since: Apr 08

Easton, PA

#7 May 5, 2008
Billy Givens wrote:
Abe sold his Cinema Paradiso in Easton to Lou Pektor, who then sold Easton Mayor Phil Mitman and his planning department on Lou's "the Majestic" luxury condos on S. 3rd St.
Lou named the Majestic after the Majestic Real Estate Company of Los Angeles, California.
This company used its political connections with Bethlehem and Lehigh Valley Industrial Parks Inc. officials to transfer former Bethlehem Steel Corporation property to Pektor for the development of his Riverport luxury condos in the Lehigh River flood plain.
Lou needed this helping hand because the deal between Majestic Realty to buy the property from its owner billinaire Indian native Lakshmi Mittal had gotten bogged down (no pun intended).
The deal was sunk by issues like the cost of remediating the property's contaminated soil and the fact that the property lies within the 100-year flood plain.
Lou has now returned a host of political favors by selling the silk mill so that Bethlehem and the LVIP can get on with their development of luxury condos in a still-sinking real-estate market.
I was waiting for the Billy Givens comment. ABSOLUTELY CORRECT !

Billy's facts on this one are 100% on the mark. Abe and Lou have been doing flip flop deals a long time. It's like trying to find which walnut shell the pea is under.

I hope Abe does a great job on the Silk Works and I hope Lou drops dead.
squishybear

Mechanicsburg, PA

#8 May 5, 2008
<blockquote>"Sittin g on the edge of Moravian College's main campus, Campus Crossings at the Silk Mill was to include private bedrooms, wireless Internet, flat-screen televisions, a computer room, a fitness room with a tanning bed, a game room and two outdoor courtyards."</blockquo te>

I think a condo with all of those things are very reasonable starting at $129k
Crooks

Allentown, PA

#9 May 5, 2008
LV Magazine praised Pektor as a god. He is the epitome of a slime ball and should give lessons to other budding parasites. Flood plains and beautiful vistas are his favorite rape target. Look at the way he is turning Williams Township into a cess pool.
129K for housing? Anyone who provides dwellings for people (not McMillionaires gets my cheers.
So What

AOL

#10 May 5, 2008
Crooks wrote:
LV Magazine praised Pektor as a god. He is the epitome of a slime ball and should give lessons to other budding parasites. Flood plains and beautiful vistas are his favorite rape target. Look at the way he is turning Williams Township into a cess pool.
129K for housing? Anyone who provides dwellings for people (not McMillionaires gets my cheers.
One of his first blunders in Williams Township forced him to guarantee them water for 3 years in order to sell the places because they were build against engineers advice on the water tables.
Silk Mill Neighbor

Bethlehem, PA

#11 May 5, 2008
Trading Pektor for Atiyeh, is like trading cancer for herpes. The one might not kill you, but it will do everything it can to ruin your life for the rest of your days.
Atiyeh, is as much of a swindler as Pektor, he just has not had as many opportunities, money, or clout as Pektor had up to this point.
This project is not going to bring stability to the neighborhood. This project will bring an influx of traffic, crime, and the usual problems that an over crowding of lower income housing often brings when it's introduced into an area. Do people honestly think they will be getting quality products for 129K? Developers do not do things out of the kindness of their hearts, there will be as much trimming off the bottom line as is humanly possible. There is a reason why Pektor is getting out of the housing market, one of which revolves around the fact that this area has yet to hit bottom.
The real problems will come when these units become a mixed bag of student and non-student tenants. This will will create another need for routine police patrols since calls for noise complaints, fighting, and domestic violence will arise, creating a new problem for a police force that is spread thin already.
Having lived on the 200 block of Fairview Street (I could throw a rock from my house to the silk mill) for several years I can tell you there are already significant problems between lower income residents and Moravian students. Several times physical altercations have gone unreported in the police blotter, although police were called to break things up. Investors are going to scope these houses up and offer them as hud units which will bring more problems. In closing, I do not enjoy looking at this burt out building, but I am not pleased that low income housing is being placed behind my house by a developer who's claim to fame is owning old folks homes and other suspect establishments.
Brian

Saint Paul, MN

#12 May 5, 2008
Lot of scum live over there at the bottom of the hill by the Old Brewery Tavern...which by the way used to be a nice place when the Collins family owned it. Now it it is a disgusting pit...maybe if we are lucky.... when the wrecking ball comes in they will miss and take the bar and all those houses near the bottom of the hill with it!
Mysterious Fire

Nazareth, PA

#13 May 5, 2008
I still want to know why no one has ever investigated more deeply the "Pektor" fire(s). This is the 2nd known building of Pektor's to burn down in Bethlehem.
taxpayer

United States

#14 May 5, 2008
the redevelopement authority of the City of Bethlehem sold Lou the chunk of land next to the silk mill for less then $80,000 for the purpose of "using the property for parking to support a residential re-use" , now it seems that will be used to build brand new townhouses (30 to be exact). Shouldn't the taxpayers get a cut since it was are land to begin with and now since he is tearing down more the half the mill he should have plenty of parking there to support the restoration of the rest of the mill. Does anyone know if the city is selling any more lots suitable for thirty or more units in that price range. WAKE UP TAXPAYERS AND STOP MAKING LOU RICH!!!!!
Funny

Red Bank, NJ

#15 May 6, 2008
Mysterious Fire wrote:
I still want to know why no one has ever investigated more deeply the "Pektor" fire(s). This is the 2nd known building of Pektor's to burn down in Bethlehem.
It was investigated. And those that were responsible made "restitution" to Mr. Pektor. Situation resolved.

Jail is for the poor people. When rich important people break laws they use "alternative" ways to pay their debt.
Billy Givens

United States

#16 May 6, 2008
The building on Easton's S. 4th St. that Abraham Atiyeh built for lease to the federal General Services Administration (GSA) for tenancy by the Social Security Administration (SSA) violated the contractural requirement imposed by the GSA contraccting office in Wilkes-Barre, Pennsylvania.

Atiyeh's building lacked the number of off-street parking spaces the contract required - fewer spaces available to the public as when the SSA building was located in the 200 block of Ferry St.

Despite these violations, the city of Easton "approved" Atiyeh's project. Atiyeh had contributed $5,000 to the campaign war chest of Northampton County District Attorney John Morganell and $11,000 to his First Assistant DA Paula Rosciola's campaign for a Northampton County Court of Common Pleas judgeship.
Billy Givens

United States

#17 May 6, 2008
The Morning Call's Tracy Jordan first reported Atiyeh's $5000 contribution to Morganelli.

When I went to Easton's city hall to obtain a copy of the letter Morganelli wrote Easton officials urging them approve Atiyeh's GSA/SSN project, City Clerk Tom Hess - a retired Easton Police Captain and secretary of the Easton Parking Authority - alleged to Police Captain Steve Mazzeo that I had "harrassed" him.

Hess and Mazzeo brought charges against me through District Justice Gay Elwell, who transferred a matter from under her jurisdiction to Nazareth DJ Elmo Frey.

Following a brief hearing, Frey dismissed the charges.
WilliamsGuy2008

Fleetwood, PA

#18 May 8, 2008
Crooks wrote:
LV Magazine praised Pektor as a god. He is the epitome of a slime ball and should give lessons to other budding parasites. Flood plains and beautiful vistas are his favorite rape target. Look at the way he is turning Williams Township into a cess pool.
129K for housing? Anyone who provides dwellings for people (not McMillionaires gets my cheers.
Obviously, you didn't like my first response Crook. Were not McMillionaire's here in Williams. Address us as you should- upper middle class. Some of us are even wealthy in these small communities, probably a number of millionaires on my street alone. Dont be mad at people that make more than you. We probably pay more in county,state, township, school, and federal taxes than your entire family. Do your community a favor and be grateful that families like mine spend our hard earned incomes with local businesses. Without the good folks like me, the LV would most likely be feeling the squeeze of a recession a little bit more. Williams is no cesspool, its a great township with a lot of its rural character still intact. I guess someone also didn't appreciate my praise of the township officials here. The new regime in Williams has done a good job at putting guidelines in place to stave off the developers with bigger lot restrictions and farmland preservation. Cesspool? I think not, look to your 3 major cities in this area, the section 8 housing, etc. There are your cesspools and your crime incubators.
comment

Korea

#19 May 9, 2008
As far as Silk Mill and $129,000 condos, no one said the same amenities will still exist and that floor plates may not be redesigned.

You may end up with an condo the size of a shoebox for $129,000. Who is going to buy you ask? Investment properties owners who then will rent them out to students or Section 8 for a guaranteed year to year cash flow to carry the mortgage. Then someday they will sell out for capital gain.

$129,000 will buy you at most 850 s.f.
15 x 15 Bedroom.
5 X 5 bathroom

30 x 20 greatroom/galley kitchen/dining room combination.

or
2 15 x 15 Bedroom
1 5 X 5 Bathroom
1 5 X 3 Powder Room

20 x 18 greatroom/galley kitchen/dining room

If he can build it to this price point, I think he will have a winner because Moravian College/Lehigh University/Northampton Community College all need additional housing for students. It is highly likely that investor market floods this with purchases because of location next to Moravian.

I doubt it will become a neighborhood reuse project with emerging families.
COLONEL TITO

Saint Simons Island, GA

#21 Dec 21, 2010
What is the concern?

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