Quote:
Originally Posted by ardecila
Even if LY is successful, it will proceed at a slower pace than Fulton Market because it's just one developer and they will not want to cannibalize their own leasing efforts by moving too fast.
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True, though there’s the General Iron site that can host another substantial development and there’s plenty of other sites that can be developed especially once momentum starts building. I’d be very surprised if LY doesn’t spur more highrise development in the area.
Re: the townhouse comment, your pessimism is palpable and not welcome. Please keep reserving judgment if that’s all you got, at least until it stalls for a substantial period of time.