sentinel |
Oct 8, 2016 1:39 PM |
Quote:
Originally Posted by denizen467
(Post 7587780)
Amazing, but good in a way. Most of it is labor costs presumably, so the trades (or just some kind of non unionized workers maybe) working in the city will see their families enriched by a large fraction of $150 million. Transfer of wealth from 601W to da neighborhoods and suburbs.
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Sure, why not. I think you missed the pun in my original statement. And yes, it is amazing in a good way, especially considering I've been advocating for the redevelopment of this property, speaking privately with a number of developers and hospitality executive a full 2 years before Davies took over, and came very close in helping create a consortium of developers that wanted to bring this jewel back to life...but were always, ALWAYS incredibly concerned about the potential cost of one massive issue: asbestos abatement (which I've also brought up in this forum more than a couple of times, as well as in private conversations with fellow forumers). Fortunately, that issue is being dealt with in the best possible manner.
At the end of the day, I'm incredibly thrilled that this beautiful building is being redeveloped. Granted, not in the way that I and a number of other individuals had envisioned, but one cannot let personal bias cloud judgement, and I'm still very happy that this is finally happening. :yes:
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