NO on L - R. Donahue Peebles

Quotes from "Peebles Principles"

larry — Wed, 25 Jul 2007 19:30:23 -0700

Pacifica Riptide posted some choice quotes from "The Peebles Principles", R. Donahue Peebles' recently-published book.

Peebles' Private Party

larry — Mon, 11 Jun 2007 21:13:02 -0700

Pacifica Riptide, the hot place to get information about activities in Pacifica, has a story about an invitation-only event with representatives of Peebles Corp to provide a progress update on the Quarry development project.

Long history of litigation

ken — Wed, 01 Nov 2006 22:40:44 -0700

In Pacificans for Sustainable Development's public No on L statement we said that "Measure L makes our city vulnerable to this developer's lawsuits." History tends to repeat itself if people are not informed. Now Pacificans are doing their own research, resulting in many concerned references to his litigious history in articles and letters to the editor.
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Peebles spends $1,310,384 to buy Measure L election

ken — Fri, 27 Oct 2006 13:59:45 -0700

The current total spending by the Peebles-funded "Yes on L" campaign through 10/21/06 is $1,310,384.78 according to the campaign's official election filing report (warning: large 3MB Adobe Acrobat PDF file).

"I found a loophole"... and got it rezoned

ken — Fri, 27 Oct 2006 00:26:03 -0700

Peebles made a small fortune on the Bath Club, by exploiting a loophole that let him get the property rezoned.

"The owners were asking for $25 million to $30 million, but no one was willing to pay because it wasn't going to make money unless it got rezoned -- the building couldn't be taller than 40 feet. The rezoning would take two years. I found a loophole that would allow us to go up to 200 feet in height and offered $10 million, contingent on the rezoning.
...
After the Bath Club got rezoned, a brokerage firm offered me $42 million for the property."
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"Political power is the ultimate Trump card"

ken — Sun, 22 Oct 2006 23:26:36 -0700

According to the Miami Herald, R. Donahue Peebles is writing a book called "The Peebles Principle". The book is a compliation of "first person lessons he has learned". Some of those key "lessons" include:

The Real Mr. Peebles

ken — Wed, 13 Sep 2006 20:13:00 -0700

The owner of the Rockaway Beach Quarry, R. Donahue Peebles, was profiled by The San Francisco Bay Area Guardian issue of 8/29/06. Their profile of his meteoric ascent in the real estate business in D.C. and Florida stated, "He earned a reputation for resorting to multimillion-dollar litigation when those relationships went bad." But did Mr. Peebles mellow after arriving in California? Apparently not. Mr. Peebles' partnership filed suit against the California State Mining and Geology Board in March 2006, a month after being fined a tenth of the maximum fine for failure to file an acceptable assurance instrument for the reclamation of the Quarry. (Rockaway Beach Ltd. v. SMBG et al.) At the "charrette" meetings I attended in May, Mr. Peebles described himself as completely cooperative with the State regarding reclamation of the formerly quarried property. Curiously, he and his agents made no mention of the fact that aspects of the reclamation matter were in litigation.
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Davies says list readers are "mostly negative thinkers"

larry — Wed, 30 Aug 2006 23:30:14 -0700

Barry Parr, creator of Coastsider.com, published an article about "Jimmy/Susan" the person(s) who posted messages to the Pacifica-L mailing list, claiming to be long-time Pacifica residents, but who apparently were associated with Peebles' P.R. firm, Davies Communications.

Waking from a dream

timothy — Wed, 30 Aug 2006 07:24:51 -0700

Have you ever had to wake someone, and found out later that they were in a particularly wonderful dream?

Initially, they may hardly respond. However, as you persist in trying to help them reconnect with a reality that does not include the cherished dream, one often discovers that they can become quite grumpy, even outright angry, in response to your well- intended efforts!

Quarry Financing

ken — Wed, 16 Aug 2006 06:39:58 -0700

When South Florida developer R. Donahue Peebles purchased the Quarry in 2005, he took out a $16.5 million "non-recourse" loan from North American Capital Advisors(NACA).