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Old Posted Oct 19, 2012, 6:42 PM
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rocketman_95046 rocketman_95046 is offline
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Join Date: Aug 2002
Location: SD/SJ, CA, USA
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Quote:
Originally Posted by Gordo View Post
^Not likely, based on current rents/vacancy rates and the prestige/rent premium gained from having the tallest in such an iconic city.

Now, you might have a point if it was considered possible for other structures of similar height to be built in SF any time soon. However, that almost guaranteed monopoly is one of the things that makes this project pencil out.
Exactly, I would be much more worried if I owned one of its shorter neighbors. This will fill up easily, if not from external growth than from stealing clients from neighbors.

Great news all around!
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