Laundromats -- January 8, 2022

Laundromats were recently in the news.

A reader did some internet searching on laundromats in Mt Vernon, NY, yesterday, and sent me what was found.

My reply:

My dad was going to open a laundromat years ago. Had he done it, it would have been a super-duper laundromat. He never went halfway on his projects. He was the "Harold Hamm" of little projects. LOL.

Except "Hooterville" in Williston. Dad ought an entire block of houses that should have been condemned, but rented them out as is, and did very, very well (based on how long he held that property). The rent was in the range of $50 - $150 / month (in today's money -- LOL --probably a bit of hyperbole but not much).

The city was constantly on his back to bulldoze the entire block and do something else --- anything else --- with that lot, even a big parking lot.

Our family was very, very embarrassed every time they drove by but I don't think anyone in Williston -- except the tax department, city council, and a few real estate agents -- knew who owned it.

Interestingly, he was a very good landlord. A lot of folks had difficulty making even those very small rental payments, and he never evicted anyone and never went after missed rent payments, as far as I know. If so, he wasn't very aggressive.

My hunch: he took a huge tax loss to lower his income tax. I don't know. But he was certainly appreciated by any folks over the years who really had no place to go.

With the boom, the area has been re-built.

Back to the laundromat: had he built that laundromat (that was before the boom) he would have become the Harold Hamm of laundromats in Williston. I don't know if folks recall but during the early days of the boom, "everyone" needed a laundromat.

Dickinson folks recalled Williston as one "big ball of dust."