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December 2 2020 6.38am

Croydon council files for bankruptcy

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View SW19 CPFC's Profile SW19 CPFC Flag Addiscombe West 12 Nov 20 4.06pm Send a Private Message to SW19 CPFC Add SW19 CPFC as a friend

Originally posted by dannyboy1978

So where has the brick 4 brick money all gone and why are ordinary folk scrutinised for all their tax and earnings but this is all hidden?

Itís Brick BY Brick.

And there is a review of all the finances, including BXB dealings underway - was supposed to be released this year but seems wonít be out until January. Expect it to be pretty damning.

If you read, you learn

 


said the rabid giraffe whilst brandishing his throbbing member of reason, and twas ever thus.

Did you know? 95% of people are morons.

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View Matov's Profile Matov Flag 12 Nov 20 4.20pm Send a Private Message to Matov Add Matov as a friend

Originally posted by SW19 CPFC

There was a lot of conflict of interest going on, especially between Scott, Newman and Lacey when it came to the development schemes and BXB


What do you know about the fiasco around the Croydon Park Hotel? Still trying to get my head around why the council would buy it? Was that through Brick by Brick?

 

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View SW19 CPFC's Profile SW19 CPFC Flag Addiscombe West 12 Nov 20 4.43pm Send a Private Message to SW19 CPFC Add SW19 CPFC as a friend

Originally posted by Matov


What do you know about the fiasco around the Croydon Park Hotel? Still trying to get my head around why the council would buy it? Was that through Brick by Brick?

No inside knowledge, but having read up on it I assume it was bought with the ultimate end goal of selling the land at a profit. Run it for a bit then sell it off - Iím pretty sure the closure happened a lot earlier than they wanted it to. The irony now is that theyíre sitting on a dead asset that will most likely have to be sold off at a knock down price because of the current climate, and the need to sell to balance the books. Possibly the same issue with the colonnades land

 


said the rabid giraffe whilst brandishing his throbbing member of reason, and twas ever thus.

Did you know? 95% of people are morons.

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View Matov's Profile Matov Flag 12 Nov 20 4.51pm Send a Private Message to Matov Add Matov as a friend

Originally posted by SW19 CPFC

No inside knowledge, but having read up on it I assume it was bought with the ultimate end goal of selling the land at a profit. Run it for a bit then sell it off - Iím pretty sure the closure happened a lot earlier than they wanted it to. The irony now is that theyíre sitting on a dead asset that will most likely have to be sold off at a knock down price because of the current climate, and the need to sell to balance the books. Possibly the same issue with the colonnades land

The Colonades makes a little more sense because it is a great location and has attracted some big brand names. As an investment there is a specific return in terms of the rents charged. It is a viable asset.

But hotels?

The part I never really understood about Croydon was how you could fail to make it a success. Incredible transport links (East Croydon would be an incredible rail hub for cities three times the size of Croydon), a big population within minutes travel of the centre and so on. You have to really f*** up to lose money on it.

Really the borough needs splitting in two. The northen part should become part of Lambeth where all kinds of savings could be made whilst the southern part is made part of Surry proper. The differences between the two are so wide now that there is almost zero chance of achieving any kind of real synergy between the two.

 

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View SW19 CPFC's Profile SW19 CPFC Flag Addiscombe West 12 Nov 20 5.11pm Send a Private Message to SW19 CPFC Add SW19 CPFC as a friend

Originally posted by Matov

The Colonades makes a little more sense because it is a great location and has attracted some big brand names. As an investment there is a specific return in terms of the rents charged. It is a viable asset.

But hotels?

The part I never really understood about Croydon was how you could fail to make it a success. Incredible transport links (East Croydon would be an incredible rail hub for cities three times the size of Croydon), a big population within minutes travel of the centre and so on. You have to really f*** up to lose money on it.

Really the borough needs splitting in two. The northen part should become part of Lambeth where all kinds of savings could be made whilst the southern part is made part of Surry proper. The differences between the two are so wide now that there is almost zero chance of achieving any kind of real synergy between the two.

Iím not sure the colonnades is a Ďgreatí location TBH - and Iím pretty sure much like the hotel, has been bought for future residential development potential.

The issue with Croydon is its massive, and government funding has never been adequate relative to its size. When you add a bunch of overspending cowboys into the mix that does somewhat exacerbate the issue. Basically bet big on Westfield and a whole host of other development led investments, and its backfired spectacularly. Westfield I can sympathise with but the rest of it not so much.

 


said the rabid giraffe whilst brandishing his throbbing member of reason, and twas ever thus.

Did you know? 95% of people are morons.

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View Matov's Profile Matov Flag 12 Nov 20 5.37pm Send a Private Message to Matov Add Matov as a friend

Originally posted by SW19 CPFC

Iím not sure the colonnades is a Ďgreatí location TBH - and Iím pretty sure much like the hotel, has been bought for future residential development potential.

I disagree. Huge amounts of passing traffic. Ugly as hell, I would agree but with the brand names they have there, real potential. My arguement is that they have not been adventurous enough there. Should have gone for more office based development as well. Maybe even a conference centre. Airport House over the road operates a shuttle service to East Croydon station. Expand that to cover both sites and you could have a real money spinner. That old airport land is utterly wasted at the moment.

 

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View Ouzo Dan's Profile Ouzo Dan 12 Nov 20 6.57pm Send a Private Message to Ouzo Dan Add Ouzo Dan as a friend

Crime stats for Croydon for just September, this even breaks it down on a per road basis.
[Link]

Best decision I ever made was getting out.
Incredible that people on here can defend the sheer incompetence of the Labour Council.

 


Sex Panther 60% of the time it works every time

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View Ouzo Dan's Profile Ouzo Dan 12 Nov 20 7.13pm Send a Private Message to Ouzo Dan Add Ouzo Dan as a friend

Before I made the move to Slovakia my girlfriend worked two jobs, one for the Greggs bakery at the end of Surrey Street market & the other in fiveguys.

People would stroll into Greggs help themselves to breakfast and lunch and stroll out, if they were confronted by the (female) staff, 9/10 a knife would be pulled on them.

Greggs management were not interested in protecting the staff and police lost interest in filing reports.
Fiveguys wasnt much better with people constantly targeting the charity box & people vandalising the toilets on a daily basis, there would also be a gang fight in there at least once a week.

Unfortunately Croydon started to go downhill fast when the office sector pretty much packed up and went elsewhere, now its a literal hive of drug crime unemployment, beggars & misery.

Centrale is a great example of why Shopping Centres are not the answer, The top floor of Centrale looks like something out of Jumanji with roving packs of wild animals picking off anyone unfortunate enough to wander up there.
High streets are dying all over the country & people need a reason to use them be that the first snowdome south of the river a football stadium whatever councils need to think outside the box.

Edited by Ouzo Dan (12 Nov 2020 7.14pm)

 


Sex Panther 60% of the time it works every time

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View Painter's Profile Painter Flag Croydon 12 Nov 20 7.23pm Send a Private Message to Painter Add Painter as a friend

Give some people a little power and it goes to their head. The purpose of a council is actually quite simple.

The following seven areas are what the Local Government Association (LGA) deems essential services.

Education
Childrenís and adultsí social care
Waste collection
Public health services
Planning and housing services
Road maintenance
Libraries

If they kept to the basics they wouldnt be in trouble, but they couldnt resist gambling with our money and lining their own pockets. I never understand how local tin pot councilers award them selves salaries way in excess of the Prime Minister and Government Ministers and get away with it. Its this delusion of their worth and importance is the main problem.

 

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View SW19 CPFC's Profile SW19 CPFC Flag Addiscombe West 12 Nov 20 8.40pm Send a Private Message to SW19 CPFC Add SW19 CPFC as a friend

Originally posted by Ouzo Dan

Before I made the move to Slovakia my girlfriend worked two jobs, one for the Greggs bakery at the end of Surrey Street market & the other in fiveguys.

People would stroll into Greggs help themselves to breakfast and lunch and stroll out, if they were confronted by the (female) staff, 9/10 a knife would be pulled on them.

Greggs management were not interested in protecting the staff and police lost interest in filing reports.
Fiveguys wasnt much better with people constantly targeting the charity box & people vandalising the toilets on a daily basis, there would also be a gang fight in there at least once a week.

Unfortunately Croydon started to go downhill fast when the office sector pretty much packed up and went elsewhere, now its a literal hive of drug crime unemployment, beggars & misery.

Centrale is a great example of why Shopping Centres are not the answer, The top floor of Centrale looks like something out of Jumanji with roving packs of wild animals picking off anyone unfortunate enough to wander up there.
High streets are dying all over the country & people need a reason to use them be that the first snowdome south of the river a football stadium whatever councils need to think outside the box.

Edited by Ouzo Dan (12 Nov 2020 7.14pm)

To be fair if I had to work two jobs and they were in five guys and greggs Iíd have to consider moving to Slovakia.

No one is making out Croydon is the safest place on earth, but your assessment is somewhat hyperbolic. Also - I think really you mean getting out of London generally - the stats youíve shared are nowhere near the highest, South Kensington had more in total this month. London in general is a hive of gangs and crime. Croydon is the largest borough by population, with some of the poorest residents. The crime figures are always going to be above average with that demographic, however the picture you paint does not apply to the average resident. I live 10 minutes from the station, just off what you could describe as one of the less aesthetically pleasing areas but Iíve never had any issues. Iíve had more problems living in the shires than I have had here. Plenty of wronguns in both locations. Difference is here they usually target each other.

Edited by SW19 CPFC (12 Nov 2020 8.42pm)

 


said the rabid giraffe whilst brandishing his throbbing member of reason, and twas ever thus.

Did you know? 95% of people are morons.

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View croydon proud's Profile croydon proud Flag croydon 12 Nov 20 9.31pm Send a Private Message to croydon proud Add croydon proud as a friend

Originally posted by Matov

The Colonades makes a little more sense because it is a great location and has attracted some big brand names. As an investment there is a specific return in terms of the rents charged. It is a viable asset.

But hotels?

The part I never really understood about Croydon was how you could fail to make it a success. Incredible transport links (East Croydon would be an incredible rail hub for cities three times the size of Croydon), a big population within minutes travel of the centre and so on. You have to really f*** up to lose money on it.

Really the borough needs splitting in two. The northen part should become part of Lambeth where all kinds of savings could be made whilst the southern part is made part of Surry proper. The differences between the two are so wide now that there is almost zero chance of achieving any kind of real synergy between the two.


Lots of nice flats going up in west croydon, you might be suprised!

 

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View croydon proud's Profile croydon proud Flag croydon 12 Nov 20 9.33pm Send a Private Message to croydon proud Add croydon proud as a friend

Originally posted by SW19 CPFC

To be fair if I had to work two jobs and they were in five guys and greggs Iíd have to consider moving to Slovakia.

No one is making out Croydon is the safest place on earth, but your assessment is somewhat hyperbolic. Also - I think really you mean getting out of London generally - the stats youíve shared are nowhere near the highest, South Kensington had more in total this month. London in general is a hive of gangs and crime. Croydon is the largest borough by population, with some of the poorest residents. The crime figures are always going to be above average with that demographic, however the picture you paint does not apply to the average resident. I live 10 minutes from the station, just off what you could describe as one of the less aesthetically pleasing areas but Iíve never had any issues. Iíve had more problems living in the shires than I have had here. Plenty of wronguns in both locations. Difference is here they usually target each other.

Edited by SW19 CPFC (12 Nov 2020 8.42pm)

Well said, i have to add i have never had any tropuble in centrale, top floor or otherwise!

 

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